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Older Ethereum NFT listings on Magic Eden remain vulnerable to a payment processor exploit, users urged to revoke approvals.

Market News
25 Sep 2026, 19:20 WIB
Tokenpost
View Source
Bearish
Older Ethereum NFT listings on Magic Eden remain vulnerable to a payment processor exploit, users urged to revoke approvals.

Magic Eden warned that NFT listings made between February and October 2024 on its Ethereum marketplace may still be vulnerable to an exploit in Limit Break’s Payment Processor V2. This exploit allows the contract to transfer NFTs from wallets if users granted "approved for all" permissions, which are not automatically revoked when listings are canceled or the marketplace closes. A whitehat operation secured over 23,000 NFTs worth $5.7 million, but some assets, including 660 WETH, were lost. Magic Eden urges users on Ethereum, Polygon, and Base to revoke these permissions to prevent further risks, noting that revoking cannot recover already moved assets. No live listings are currently affected.

Magic Eden's NFT exploit warning provides context for crypto market activity. For readers following cryptocurrency, here is Pluang's market snapshot as of Sep 25, 2026 23:02 WIB: 35 of 50 major cryptocurrencies rose today. Notable movers include COTI at Rp301 (+4.86%), XRP at Rp28.295 (+4.36%), and XLM at Rp3.906 (+4.35%).

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