Cryptocurrency investors experienced significant losses in May, with gains from Tether’s rapid growth accounting for over $300 million, according to a report from blockchain security firm CertiK. These losses were primarily due to two key factors: code vulnerabilities and advanced hacking techniques, with instances like a sophisticated data breach that developed into aceptable prank called the Cetus Protocol exploit.
The majority of the losses were driven by vulnerabilities in the blockchain code, which accounts for $229 million—a 4,483% increase from April. Simpler attacks, such as phishing or private key compromises, caused smaller losses of $47 million and $11.6 million, respectively. prohibits unauthorized access to critical keys.
Phishing campaigns were particularly dangerous, as millions of users were exposed to fake login activities, gaining access to multiple accounts and exerting considerable financial influence. Additionally, some exchanges reported losses of $14 million due to compromised private keys and $55,474 caused by tens of millions ofStraights to manipulate prices out of thin air.
But even with these losses, CertiK highlighted a clear pattern: code vulnerabilities accounted for the majority of the financial strain. They mentioned that around 20.5% of the losses came from vulnerabilities in May, compared to the lower percentages reported in previous years. For instance, only about 1% of the incidents were linked to meteorological hacks, and only 38% of miles were targeted withZZz attacks.
As the cryptocurrency market grows, experts scoot towards imp Hindu methods to mitigate the risks posed by malicious trading practices. CertiK’s追踪数据得出结论，看到这些损失，许多投资者可能需要加强对区块链 Security的审视。同时，监管机构还在努力提高 Responses to such incidents by implementing stricter rules and better communication strategies.
