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Hack history / Monthly reports / 2024-05

Crypto hacks and thefts, May 2024

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
$433.9M
41 thefts
vs the month before
+279%
+279% ($114.6M)
vs a year earlier
+594%
+594% ($62.6M)

Largest thefts

How attackers got in

Phishing and scams 3$310.6M
Other 3$73M
Smart contract bug 24$47M
Keys, accounts and infrastructure 5$1.9M
Insiders: rug pulls, frauds, collapses 5$1.4M
Price, oracle and governance 1$9K

By chain

Bitcoin 3$382M
Ethereum 17$123M
Optimism 1$20M
BNB Chain 14$6M
Stacks 1$4.3M
Solana 2$2.2M
Polygon 2$1.8M
Base 2$1.3M

By target

Centralized exchange 2$305M
not stated 18$75.1M
DeFi protocol 14$51.9M
Token 6$1.7M
NFTfi 1$181K

Collapses and frauds, counted apart

2 cases, $73M.

Cite this pageSwanBluechip, "Crypto hacks and thefts, May 2024", Crypto hack history, https://swan-hack-tracker.pages.dev/history/m/2024-05/ (data as of 2026-10-31).
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