Magic Eden Says Legacy Approvals Exposed $5.7M In NFTs To Exploit

Crypto Insight Summary: TL;DR Magic Eden says old EVM marketplace approvals left more than $5.7 million worth of NFTs exposed to an exploit in Limit Break’s Payment Processor V2. A whitehat rescue operation moved 23,155 vulnerable NFTs before they could be stolen. Magic Eden says no live listings were affected, but users who interacted with the old marketplace […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Vulnerability was addressed before exploitation, but may affect user trust in NFT platforms.