🚨May 2025 Web3 Security Recap🚨

📊According to SlowMist’s Hacked ():

⚠️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: