Magic Eden shut down its Ethereum marketplace on March 9, 2026, but a flaw in Limit Break’s Payment Processor V2 leaves former users exposed with approvals still active onchain. Security researcher 0xQuit transferred 3,832 NFTs from approved wallets in zero ETH sales, describing the transfers as a whitehat rescue. Revoke.cash warns users to revoke permissions for Payment Processor V2 on Ethereum and Payment Processor V3 on ApeChain. The final amount of malicious losses remains undefined at this stage.
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