PeckShield analysts reported that in May, hackers stole $16 million worth of cryptocurrency, while unscrupulous developers stole at least $55 million from their users.

In just a month, there were 59 hacks of crypto platforms. At the same time, $4.13 million out of $16 million were returned by hackers on different terms. Most of all, the attackers stole during fraudulent schemes. For example, the DeFi Fintoch project was accused of stealing $31.6 million from users.

Due to the popularity of memcoins, several scam groups have created dozens of tokens that mimic popular coins. They artificially raised the price of these fraudulent tokens in order to attract a significant number of investors, and then carried out a series of scams.

Only on Bitcoin Pizza Day and over the next three days, developers suspected of fraud were able to earn tens of thousands of dollars, taking advantage of the interest of gullible members of the crypto community in meme cryptocurrencies.

CertiK, a cybersecurity and audit company, estimated that more than $103 million was stolen from cryptocurrency projects in April as a result of hacker attacks. And in March, there were even more losses – according to PeckShield, then attackers stole $211. $10.9M NFTs