Magic Eden co-founder Jack clarified that the NFT marketplace was not directly attacked on September 25. Instead, a vulnerability was found in Limit Break's trading protocol and smart contracts, which Magic Eden stopped using two years ago. The team is working with Limit Break on possible measures, including pausing asset transfers at the protocol level. Users are advised to follow official guidance and revoke related authorizations to protect their assets. A white-hat hacker helped respond to the incident, and further updates are expected.
Magic Eden's recent security issue linked to Limit Break protocol comes as context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Sep 25, 2026 19:31 WIB: out of 50 major cryptocurrencies, 44 rose and 5 fell. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, LINK (Chainlink) up 13.88% at Rp249,970 with 60% sell order activity and a 63-day hold, and AXS (Axie Infinity) up 13.12% at Rp20,935 with 58% buy order activity and a 62-day hold.
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