<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5M2Y2YmItNjdlYS03MjIzLTk4NDEtODM1NTRmNzk2Mjc1.jpg" alt="Crypto crooks targeted $244M in May, hack losses down 40% — PeckShield"></p><p>According to PeckShield, 20 major crypto hacks were reported in May, resulting in total losses of $244.1 million.</p>