PANews reported on June 1st that, according to Cointelegraph, CertiK data shows that crypto platform attack losses fell to $68.3 million in May, a nearly 90% decrease from $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 of stolen funds have been recovered or returned. The largest single loss in May came 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 most damaging attack type, accounting for approximately $45 million (66%); wallet or private key leaks resulted in $13.7 million in losses. Cross-chain bridges were the primary target, causing $28.6 million in losses (42%). DeFiLlama data shows that 29 incidents occurred in May, 7 of which involved private key leaks.