Magic EdenMagic Eden denies exploit, blames Limit Break Payment Processor V2
Magic Eden clarified on X that it was not exploited — the vulnerability sits in Limit Break Payment Processor V2, the NFT trading protocol maintained by Limit Break that Magic Eden used to settle EVM trades in 2024. Magic Eden states it stopped using Payment Processor V2 in October and is providing an interim update on the situation via its official X account.
- The affected protocol may impact NFTs listed on Magic Eden's EVM marketplace between February and October 2024.
- Magic Eden says current listings and open orders are unaffected, and advises users who traded during that window to revoke EVM contract approvals.
- It notes that revoking authorization cannot recover assets already transferred to attackers.
Sources
- RT @0xLeoInRio: @MagicEden was not exploited today, it was @limitbreak's trading protocol / smart contracts and we stopped using that proto…x.com ↗
- We are sharing an interim update regarding an exploit identified with @limitbreak Payment Processor V2, a NFT trading protocol maintained by the company Limit Break and which Magic Eden adopted to settle trades on EVM in 2024. Magic Eden stopped using Payment Processor V2 in Oct https://t.co/9guRvUZK1ex.com ↗
- We are sharing an interim update regarding an exploit identified with Limit Break Payment Processor V2, a NFT trading protocol maintained by the company Limit Break and which Magic Eden adopted to settle trades on EVM in 2024. Magic Eden stopped using Payment Processor V2 in Oct https://t.co/9guRvUZK1ex.com ↗
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