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Security Alert: If users have traded NFTs on the Magic Eden Ethereum marketplace, it is recommended to revoke contract authorizations related to Limit Break.

BlockBeats news, September 26: RevokeCash issued a security alert stating that if users have previously traded NFTs on Magic Eden's Ethereum marketplace, their wallets may have been authorized for Limit Break's Payment Processor, which now has a known vulnerability, and it is recommended to revoke the authorization.


Yesterday, Magic Eden officially stated that NFTs currently listed on Magic Eden are not affected by this vulnerability, NFTs listed through its EVM marketplace between approximately February and October 2024 may be affected, and listings after October 2024 are in principle not affected. The platform is contacting the protocol owner and maintainer Limit Break to study other risk mitigation measures, including pausing protocol transfers, and will continue to investigate the actual scope of impact. Users who have previously listed or traded NFTs on its EVM marketplace should revoke the relevant contract authorizations on Ethereum, Polygon, and Base networks. Users can filter the address through revoke.cash and revoke all NFT authorizations marked as "approved for all".


In addition, Yuga Labs Blockchain Vice President Quit stated that the asset claim website for the Payment Processor vulnerability NFT theft incident has officially launched. Affected users whose NFTs were successfully preserved can now make claims, but must first revoke authorization to the Payment Processor.

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