-
Web3 security breaches in May 2025 resulted in staggering losses of approximately $266 million, underscoring critical vulnerabilities within decentralized finance ecosystems.
-
Significant attacks, including the Cetus Protocol exploit within the Sui ecosystem, have exposed systemic risks that demand immediate attention from developers and regulators alike.
-
According to SlowMist, a leading blockchain security firm, these incidents highlight the urgent need for enhanced security protocols to safeguard Web3 infrastructure and investor assets.
Web3 security breaches in May 2025 caused $266M losses, spotlighting vulnerabilities in DeFi protocols like Sui and Ethereum. SlowMist urges stronger protections.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
In May 2025, the blockchain security firm SlowMist documented a total of $266 million in losses stemming from multiple Web3 security breaches. The most impactful incident was the Cetus Protocol exploit on May 22, which severely disrupted liquidity pools and token pairs, particularly within the Sui ecosystem. This breach not only drained significant funds but also shook investor confidence in decentralized finance (DeFi) platforms.
SlowMist’s comprehensive forensic investigations have been instrumental in identifying attack vectors and providing detailed monthly security reports. Their findings emphasize that smart contract vulnerabilities and insufficient auditing remain primary contributors to these costly exploits. The firm’s data-driven approach offers critical insights for developers aiming to fortify their protocols against future threats.
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Source: https://en.coinotag.com/slowmist-reports-possible-266m-web3-security-losses-impacting-ethereum-and-sui-ecosystems/
