Study: Cryptocurrency losses decreased by 28% in May; Attackers primarily target Defi platforms

In May, cybercriminals were less successful in their attacks on decentralized platforms, resulting in losses attributed to hacking and fraud incidents of approximately $52.4 million. During the same period last year, digital assets worth $59.3 million were lost due to similar attacks. Gala Games, which suffered a loss of $21 million, and Sonnefinance, which incurred a loss of $20 million. […]