Magic Eden revealed that approvals left by its former EVM marketplace exposed over $5.7 million worth of NFTs to a vulnerability in Limit Break’s Payment Processor V2. A whitehat rescue operation secured 23,155 NFTs worth over $5.7 million before they could be stolen, including collections such as Meebits, Otherdeeds and World of Women. The marketplace stopped using Payment Processor V2 in October 2024, but user-granted approvals remained active. Magic Eden states that no active listings on its current products were affected. Users who interacted with the former marketplace must revoke Payment Processor V2 approvals on Ethereum, Polygon and Base.
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