Crypto losses drop 90% after April spike
Crypto exploit losses dropped sharply to $68.3 million in May, marking a nearly 90% decline from the $650 million lost during April, according to blockchain security firm CertiK.

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
Crypto exploit losses dropped sharply to $68.3 million in May, marking a nearly 90% decline from the $650 million lost during April, according to blockchain security firm CertiK.
Robo.ai (NASDAQ:AIIO) announced Monday that it has officially finalized the 100% equity acquisition of Neurovia AI.
The US Securities and Exchange Commission has sued Texas entrepreneur Nathan Fuller over an alleged $12.3 million crypto investment scheme involving fake artificial intelligence trading bots.
Oil prices climbed sharply in early Asian trading on Monday as a significant escalation of military activity across the Middle East intensified fears of a prolonged disruption to global energy supplies, overshadowing weak economic indicators from China.
PlaySide Studios (ASX:PLY) announced that Meta Platforms Technologies will prematurely terminate its outsourced development contracts for the Horizon Worlds social platform.
Flynn Gold (ASX:FG1) commenced an expanded Phase 2 diamond drilling programme at its Firetower Gold-Tungsten Project.
Vietnam's Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets and intellectual property as collateral for bank loans under a draft revision of the country's Law on Support for SMEs.
Syrah Resources (ASX:SYR) announced that it has resolved an alleged default dispute with electric vehicle giant Tesla.
Peter Warren Automotive (ASX:PWR) forecasts a reduction in full-year profits following a severe deterioration in trading conditions.
Cettire (ASX:CTT) is set to expand its footprint in China after announcing the upcoming launch of a flagship store on Alibaba's Tmall Global.