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Crypto DeFi

Magic Eden Warns Old Ethereum NFT Listings Exposed to Limit Break Payment Processor Flaw

A flaw in Limit Break’s Payment Processor V2 put old Magic Eden Ethereum NFT listings at risk, Magic Eden warned, prompting a whitehat rescue of more than 23,000 NFTs. The vulnerability affected listings created through the payment processor contract on Ethereum. Magic Eden said the affected listings were tied to the older contract version.

Original source

AI take

This is a reminder that NFT marketplace risk increasingly sits in third-party payment infrastructure, not just in the assets themselves. The exposure was confined to legacy listings tied to an older contract version, which matters for anyone holding stale, long-lived listings on Ethereum. The whitehat rescue limited damage here, but the broader question is whether similar vulnerabilities lurk in other processor integrations that have not been revisited. Whether marketplaces move toward deprecating or auto-expiring old listings is the open question.

Generated by AI for reference only.

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