[CertiK: Crypto platform attack losses in May drop to $68.3 million, down 90% month-on-month] According to a report by Cointelegraph, data from CertiK shows that crypto platform attack losses in May dropped to $68.3 million, a nearly 90% decrease compared to $650 million in April. May became the third month in 2026 with losses below $100 million. Approximately $2.6 million came from phishing attacks, and about $9.4 million in stolen funds have been recovered or returned. The largest single loss in May was from the Verus Protocol cross-chain bridge attack, with $11.5 million stolen; THORChain ranked second, with $10.1 million stolen. Code vulnerabilities were the highest loss-causing attack type, accounting for approximately $45 million, or 66% of the total. Wallet or private key leaks resulted in $13.7 million in losses. Cross-chain bridges were the primary attack target, with losses totaling $28.6 million, accounting for 42%.