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Magic Eden Undergoing Possible Exploit as Thousands of NFTs Move for 0 ETH

Magic Eden has faced reports of a possible contract exploit after unusual transactions showed thousands of NFTs being sold for 0 ETH, although one account involved in the activity has claimed the transfers are part of a whitehat operation. NFT…

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Key points of the news: Magic Eden stated that old EVM approvals exposed $5.7 million in NFTs through a Payment Processor V2 vulnerability of Limit Break, although they were not affected by active lists. A whitehat operation rescued 23,155 NFTs before more robberies occurred, while 660 WETH linked to a related exploit... Read more

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TokenPost broke the news on Friday, September 25, 2026.
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