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Crypto industry loses $68.3M to scams in May: Report
Jun 1, 2026
< 1 min read
by Vignesh Karunanidhi
for CryptoPolitan
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Blockchain security firm CertiK says the crypto industry lost about $68.3 million to 60 confirmed exploits and scams in May 2026, with phishing responsible for roughly $2.6 million. The month was the third in 2026 with losses under $100 million, suggesting fewer large DeFi/DEX/CEX breaches but highlighting persistent security risks that could pressure adoption and token performance.
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The crypto industry lost approximately $68.3 million to exploits and scams across 60 confirmed incidents in May 2026, according to the latest monthly report from blockchain security firm CertiK. The figure brings the month in as the third in 2026 where monthly losses were under $100 million. Phishing alone accounts for around $2.6 million of...
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