The total losses of crypto industry as a result of 20 hacker attacks identified in May amounted to $ 244.1 million, which is 40% less than in April, PeckShield security analysts said.

According to experts, the largest incident in May was the attacker of the attacker on the poctralized CETUS exchange on the SUI network, the damage from which amounted to $ 223 million. However, the blockchain validators managed to block assets for $ 163 million at the Hacker addresses.

The second largest damage was the hacking of the protocol of decentralized finance Cork Protocol. As a result of the attack, the fraudster kidnapped about $ 12 million. The third in financial losses for May turned out to be a hacking of a private investor account of $ 5.2 million. The attack was probably made by North Korean hackers, experts said.

Compared to April, PeckshHield experts explain the decrease in the loss of crypto industry in May by strengthening safety measures undertaken by crypto platforms and companies working with digital assets.

Earlier, the US Department of Finance imposed sanctions against the Funnull Technology and its administrator Liu Lizhi, accusing them of providing technical infrastructure for crypto -meshs.