Why Is Crypto Up Today? – June 3, 2025

The crypto market has turned green after several days of consecutive slight decreases. The majority of the top 100 coins saw their prices increase.
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CertiK Says $302M Lost to Web3 Scams, Hacks, and Exploits in May

CertiK has detailed a $302m toll from scams, hacks and exploits in May 2025, a 16.94% month-on-month drop. However, code vulnerabilities have drained $229.6m alone—a 4,483% leap—while DeFi platforms have seen $241m stolen despite a sharp fall in phishing.
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Taiwan-Based Exchange BitoPro Suffers $11.5 Million Hack, User Funds Unaffected

BitoPro has suffered a $11.5M drain across Ethereum, Tron and Solana after hackers accessed an exposed wallet during a May 8 upgrade. The exchange has said its reserves are adequate but waited three weeks to confirm the breach, reviving concerns over disclosure standards among centralized venues.
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Whale Signal or Exit? XRP Price Prediction After 44M Tokens Leave Exchange

The XRP price has slipped by 8.2% to $2.14 amid a broader market cooldown following last month’s rally.Yet fresh signs of accumulation are emerging, with one XRP community member on X reporting a major exchange withdrawal just days ago.It appears that the Turkish crypto exchange Paribu has taken out of circulation 44.1 million XRP tokens […]
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