A major security incident has unfolded across multiple EVM-compatible blockchains, with hundreds of cryptocurrency wallets falling victim to coordinated drains. Despite intensive investigation efforts, security researchers have yet to pinpoint the exact root cause driving these mass fund transfers. The widespread nature of the attack—spanning numerous EVM chains simultaneously—suggests either a critical vulnerability in a widely-adopted smart contract or a sophisticated phishing campaign exploiting common user behaviors. This incident raises serious questions about wallet security practices and the robustness of cross-chain infrastructure. Token holders should review their transaction approvals immediately, check for suspicious smart contract interactions, and consider moving assets to cold storage if they suspect exposure. The community is actively monitoring the situation, but until the attack vector is definitively identified, caution remains the prudent approach for EVM ecosystem participants.