$2.1 B Stolen in 2025: Wallet Compromises Eclipse All Other Crypto Attack Vectors
In May alone, crypto attacks triggered $140.1 million losses, including $8.5 million from wallet drains and $47.6 million through phishing.
In comparison, phishing incidents were the most regular, with 114 cases resulting in approximately $401.5 million in losses.Next up was code vulnerabilities, which were nearly as typical, with 100 events leading to $281.6 million in losses, highlighting the continued danger posed by insecure clever contracts and flawed implementations.Interestingly, access control issues were reported 19 times however caused fairly lower monetary damage at $14.1 million, while exit rip-offs, despite being infamously tough to track and recuperate from, totaled simply 9 occurrences and $1.6 million in losses.Price control attacks were similarly limited in scope, with 15 cases and $8.1 million in damages. This suggests that opponents are progressively targeting high-value wallets.Crypto Attacks Declared $140M in MayIn Might alone, the total amount lost to a combination of hacks, rip-offs, and exploits came down to roughly $140.1 million after $162 million in assets linked to these incidents was successfully frozen. Sui-based decentralized exchange, Cetus, topped with $225 million in losses.Of the total losses, Code vulnerabilities and phishing emerged as two major danger vectors throughout the month, accounting for roughly $230 million and $47.6 million in taken funds, respectively.
