Magic Eden CEO Jack stated that,September 25 the incident stemmed from vulnerabilities in Limit Break's trading protocol and smart contracts, and the platform 2 had stopped using the protocol years ago.Magic Eden is communicating with Limit Break on response measures, including halting asset transfers.
Magic Eden listing approvals may be affected by the Payment Processor V2 vulnerability 2024 stated that February year October to EVM users who listed or traded NFT through its marketplace may be affected by the Payment Processor V2 vulnerability and are advised to revoke the relevant approvals. The platform stated that current listings are unaffected and that it is still verifying the actual scope of impact.