{"id":1637,"date":"2025-06-01T13:43:47","date_gmt":"2025-06-01T13:43:47","guid":{"rendered":"https:\/\/bitunikey.com\/news\/mays-crypto-hacks-total-244m-sui-and-cetus-claw-back-157m\/"},"modified":"2025-06-01T13:43:47","modified_gmt":"2025-06-01T13:43:47","slug":"mays-crypto-hacks-total-244m-sui-and-cetus-claw-back-157m","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/mays-crypto-hacks-total-244m-sui-and-cetus-claw-back-157m\/","title":{"rendered":"May\u2019s crypto hacks total $244m, Sui and Cetus claw back $157m"},"content":{"rendered":"

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Crypto hacks resulted in approximately $244.1 million in losses during May 2025.<\/strong><\/p>\n

According to blockchain security firm PeckShield, this marks a 39.29% decrease from April\u2019s figures. The month recorded roughly 20 major incidents, with coordinated recovery efforts successfully freezing some stolen assets.<\/p>\n

The most notable development involved the collaborative response between Sui (SUI) validators and Cetus Protocol following a massive $220 million exploit. Network participants managed to freeze $157 million of the stolen funds, a 71% recovery rate from the total theft amount.<\/p>\n

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#PeckShieldAlert<\/a> In May 2025, ~20 major crypto hacks were recorded, resulting in total losses of $244.1M\u2014a 39.29% decrease from April. Notably, @CetusProtocol<\/a> & #SUI<\/a> have frozen a combined $157M of stolen funds (representing 71% recovery from the $220M theft). #Top<\/a> 5 Hacks in\u2026 pic.twitter.com\/ZJmGZvbthS<\/a><\/p>\n

\u2014 PeckShieldAlert (@PeckShieldAlert) June 1, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

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Cetus exploit dominates monthly losses<\/h3>\n

The Cetus Protocol incident was the largest single hack of the month and accounted for the majority of losses. According to blockchain security firm Dedaub, attackers exploited a vulnerability in the most significant bits check mechanism.<\/p>\n

This allowed them to manipulate liquidity parameters by substantial margins and establish disproportionately large positions with minimal effort.<\/p>\n

While hackers successfully looted $220 million from the protocol, approximately $63 million remains in the exploiter\u2019s wallet, with the remainder frozen through validator coordination.<\/p>\n

The remaining top exploits of the month included Cork Protocol losing $12 million. A purported North Korean-affiliated strike that caused losses of $5.2 million came next.<\/p>\n

The MBU token suffered a $2.2 million exploit, while MapleStory Universe experienced a $1.2 million breach and rounded out the top five incidents.<\/p>\n

Despite the major absolute losses, May\u2019s figures are an improvement over previous months in the context of 2025\u2019s overall security losses. <\/p>\n

More than $1.63 billion worth of cryptocurrencies was stolen in the first quarter of this year. Additionally, PeckShield said that almost 92% of all losses at that time were caused by the Bybit vulnerability.<\/p>\n

January\u2019s security incidents resulted in over $87 million in stolen cryptocurrency, while February experienced a surge to $1.53 billion. This was primarily driven by the massive Bybit attack that ranks among the largest crypto thefts in history.<\/p>\n

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