Magic Eden emphasized that revoking approvals cannot recover assets that have already been transferred. Original link EVM states that historical

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Magic Eden: Current listings were not affected by this vulnerability, 2024 year February to October EVM Market users need to revoke the relevant contract approvals.

According to BlockBeats,September 25，Magic Eden stated that this vulnerability occurred in the NFT trading protocol Payment Processor V2 maintained by Limit Break.Magic Eden adopted the protocol in 2024 to process settlement of transactions on the EVM network, but stopped using V2 in 2024 year October and fully shut down the 2026 marketplace in the first quarter of EVM; therefore,Magic Eden currently listed on NFT were not affected by this vulnerability. 2024 Approximately from February year October to EVM during which NFT listed through its 2024 marketplace may be affected; listings after October year Magic Eden should in principle not be affected. The platform is contacting the protocol owner and maintainer, Limit Break, to explore additional risk-mitigation measures, including suspending protocol transfers, and will continue investigating the actual scope of impact.EVM reminded users who had listed or traded NFT on its approved for all marketplace to revoke the relevant contract approvals on Ethereum, Polygon, and Base. Users can filter this address through revoke.cash and revoke all NFT approvals marked “Magic Eden.”https://m.theblockbeats.info/flash/368979

Key points

The vulnerability occurred in the NFT trading protocol Payment Processor V2 maintained by Limit Break.
Magic Eden adopted the protocol in 2024 to process settlement of transactions on the EVM network and stopped using V2 in 2024 year October.
Magic Eden fully shut down the 2026 marketplace in the first quarter of EVM; the platform stated that NFT currently listed are not affected by this vulnerability.
Approximately from 2024 year February to October listed through the Magic Eden EVM marketplace may be affected.NFT
Magic Eden Affected users are advised to revoke contract approvals on Ethereum, Polygon, and Base.
Revoking approvals cannot recover assets that have already been transferred.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Users who previously listed or traded Magic Eden EVM through the NFT marketplace during the specified period may still have relevant approvals. The platform advises checking and revoking approvals marked “approved for all” on Ethereum, Polygon, and Base.

Why it matters to readers

Active approvals may create a risk of NFT being transferred; however, the materials do not confirm the actual scope of impact or asset losses.

If you listed or traded 2024 from February year October to Magic Eden through the EVM marketplace,NFT you should check the relevant approvals.

Risks and unknowns

The actual number of affected NFT, wallets, and the scope of asset losses have not yet been confirmed.
Magic Eden The actual scope of impact remains under investigation, and mitigation measures, including suspending protocol transfers, are being explored.
The materials do not include the Magic Eden original announcement or a list of affected contracts.
Revoking approvals cannot recover assets that have already been transferred.

Magic Eden emphasized that revoking approvals cannot recover assets that have already been transferred. Original link EVM states that historical

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