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Hack history / Monthly reports / 2023-05

Crypto hacks and thefts, May 2023

Thefts are hacks, exploits, phishing, scams and rug pulls, in dollars at the time. A single source for $500M or more waits for a second source before it counts.

Taken
$62.6M
67 thefts
vs the month before
−60%
−60% ($157.3M)
vs a year earlier
−68%
−68% ($193.3M)

Largest thefts

How attackers got in

Phishing and scams 3$20.9M
Smart contract bug 21$20M
Price, oracle and governance 9$10.2M
Insiders: rug pulls, frauds, collapses 14$8.3M
Keys, accounts and infrastructure 7$2.4M
Other 11$790K
Bridge and cross-chain 2$0

By chain

Ethereum 32$47.5M
Arbitrum 6$26.6M
BNB Chain 18$17.6M
Bitcoin 1$15M
Polygon 4$6M
not stated 15$2.2M
EOS 1$2M

By target

not stated 48$34.8M
DeFi protocol 15$23.6M
DAO 1$2.2M
Centralized exchange 1$2M
Bridge 1$0
Wallet 1$0

Collapses and frauds, counted apart

5 cases, $187.3M.

Cite this pageSwanBluechip, "Crypto hacks and thefts, May 2023", Crypto hack history, https://swan-hack-tracker.pages.dev/history/m/2023-05/ (data as of 2026-11-01).
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