- A spate of weekend hacks on DeFi platforms and bridges resulted in combined losses of approximately $7 million across four separate incidents.
- The Sui Network experienced three separate outages last week, with disruptions lasting nearly six hours and over eight hours, linked to a problematic upgrade and subsequent fix.
- Gnosis Pay warned users of a security threat linked to its “Zodiac delay module,” prompting a now-deleted call to withdraw funds, though the team pledged to reimburse affected users.
- May 2026 saw continued high levels of crypto exploits, with over $60 million lost across roughly 30 significant incidents.
A volatile weekend for decentralized finance saw $7 million siphoned away in a series of four separate hacks, while the Sui Network battled significant downtime. Fluid’s rewards infrastructure was compromised on May 27, leading to a loss of roughly $250,000 in FLUID and GHO tokens. However, the platform faced criticism on X for disclosing the incident four days later while promoting high yields.
Meanwhile, bridge protocols were targeted again, with the Alephium bridge losing $815,000 and the Gravity bridge losing $5.4 million in assets. Blockaid first spotted the Alephium exploit, while the Gravity team warned of an “unfortunate incident”. Consequently, yield vault platform Artificial Financial Intelligence announced a security incident in its afiUSD vault, confirming a loss of around $480,000.
The Sui Network faced three service disruptions last week, with a blog post explaining the first two halts were linked to a recent upgrade. The third outage resulted from a rushed interim fix that had a known issue. Separately, Gnosis co-founder Martin Koeppelmann issued a now-deleted warning for Gnosis Pay card users to withdraw funds due to a vulnerability. Koeppelmann later clarified that “most users will not be able to do so” but pledged full reimbursement.
This activity continues a troubling trend, as over $60 million was lost to crypto exploits in May 2026 alone. The month recorded around 30 significant incidents, maintaining a pace similar to April’s 33.
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