Magic Eden Warns Old Ethereum NFT Listings Are Exposed to Payment Processor Exploit
60-second summary
Magic Eden warns that a flaw in Limit Break’s Payment Processor V2 exposes its older Ethereum NFT listings, prompting a white‑hat rescue of over 23,000 tokens. The vulnerability could have allowed unauthorized transfers or loss of assets, forcing sellers to relist or withdraw. This incident highlights lingering smart‑contract risks, potentially dampening confidence in secondary‑market liquidity.
A flaw in Limit Break's Payment Processor V2 put old Magic Eden Ethereum listings at risk, prompting a whitehat rescue of more than 23,000 NFTs.