Magic Eden Undergoing Possible Exploit as Thousands of NFTs Move for 0 ETH
17 Articles
17 Articles
Magic Eden scare puts 3,832 NFTs in whitehat protective custody
Yuga Labs’ 0xQuit said the NFTs are safe and will be returned once the risk passes, while holders were urged to revoke NFT permissions. A whitehat moved 3,832 non-fungible tokens from hundreds of wallets on Friday amid concerns about a vulnerability involving NFT marketplace Magic Eden. NFT community member who goes by Cirrus on X […]
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…
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
Magic Eden Warns Old Ethereum NFT Listings Are Exposed to Payment Processor Exploit
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.
Magic Eden Incident: 3,832 NFTs Placed in Whitehat Custody
NFT holders tracking activity tied to Magic Eden reported what appeared to be a large-scale “rescue” transfer on Friday: a whitehat account moved 3,832 non-fungible tokens from hundreds of wallets after concerns surfaced about a potential vulnerability affecting the marketplace’s listings. As questions spread across the community, Yuga Labs’ blockchain vice president, a pseudonymous account [...]
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