Wasabi Protocol Users Can Withdraw Funds After Security Incident

Severity: Medium (Score: 48.9)

Sources: Bitget, www.chaincatcher.com, Chaincatcher, Panewslab

Summary

On May 3, 2026, Wasabi Protocol announced that unaffected EVM vault users can now withdraw their funds normally following a security incident. The incident involved a suspected compromise of the administrator's private key, leading to an estimated loss of $5.5 million across multiple chains. The project team is actively investigating the situation and has advised users to remain patient as further details cannot be disclosed at this time. Users are now able to securely interact with the protocol contracts to withdraw remaining funds. The team is committed to keeping the community updated on developments as they arise. No specific attack vectors or tools have been disclosed in the reports. Key Points: • Wasabi Protocol users can now withdraw funds after a security incident. • The incident is believed to involve a compromised administrator's private key. • Approximately $5.5 million in losses were reported across multiple chains.

Key Entities

• PeckShield (company)
• Wasabi Protocol (company)
• X (company)