🚨May 2025 Web3 Security Recap🚨
📊According to SlowMist’s Hacked(https://t.co/e90CSvTm6B):
⚠️15 hacks ➡️ ~$257M lost
❄️~$162M recovered/frozen
🎣Phishing losses via @realScamSniffer:
7,164 victims ➡️ ~$9.6M stolen
Major incidents:
• Cetus Protocol lost $230M in a math overflow attack
• Cork Protocol exploited for $12M+ due to insufficient validation of user-supplied data
• BitoPro lost $11.5M; funds laundered via Tornado Cash, Thorchain, and Wasabi
• Demex lost $950K from an oracle manipulation targeting a deprecated vault
• Zunami Protocol lost $500K; root cause under investigation
Security Highlights:
⚠️Contract vulnerabilities caused 95% of total hack losses
🎭Account takeovers surged again
😈Lazarus Group is now targeting individuals—one victim lost $5.2M to malware
✍️Full report: