Ethereum · White House · CryptoSlate
Old Magic Eden NFT approvals put users at risk after whitehat moves 3,832 NFTs
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Old Magic Eden NFT approvals could still put some former users at risk months after the company closed its Ethereum marketplace.
Key facts
- Magic Eden ended EVM marketplace support on March 9, 2026
- A September 25 warning from wallet security service Revoke.cash says that a vulnerability in Limit Break's Payment Processor V2 affects wallets that still authorize the contract to move NFTs
- The notice says security researcher 0xQuit used the vulnerability to move 3,832 NFTs from approved wallets as zero ETH sales
- Old Magic Eden NFT approvals could still put some former users at risk months after the company closed its Ethereum marketplace
Summary
01 A flaw in an NFT payment processor leaves some former marketplace users with risky approvals. 02 A security researcher moved 3,832 NFTs in zero ETH sales and described the transfers as a rescue. 03 The warning covers old approvals on Ethereum and ApeChain, while malicious NFT losses remain unclear. The notice says security researcher 0xQuit used the vulnerability to move 3,832 NFTs from approved wallets as zero ETH sales.