Crypto Industry Saw 40 Major Security Incidents in May 2026, $81.7M Losses Down 87.4%

According to PeckShield, the crypto industry experienced 40 major security incidents in May 2026, with cumulative losses of $81.7 million, down 87.4% from April's $647 million.

Cross-chain protocols remained the primary attack target, with 8 bridge and cross-chain attacks causing $33.28 million in losses, accounting for 41% of the month's total losses.

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