CertiK Says $302M Lost to Web3 Scams, Hacks, and Exploits in May

CertiK has detailed a $302m toll from scams, hacks and exploits in May 2025, a 16. 94% month-on-month drop. However, code vulnerabilities have drained $229. 6m alone—a 4,483% leap—while DeFi platforms have seen $241m stolen despite a sharp fall in phishing. source: https://cryptonews.com/news/certik-reports-302m-lost-to-web3-scams-hacks-and-exploits-in-may/