A wallet moved 3,832 NFTs from hundreds of users without new transaction signatures by exploiting active approvals previously granted to Magic Eden's marketplace. The operation was confirmed as a whitehat rescue by 0xQuit, VP of Blockchain at Yuga Labs, who secured the NFTs before potential malicious actors could access them through the same vulnerability.
Ethereum community discussions on X from September 25, 2026 include an NFT claim portal launch by @0xQuit with 25k NFTs available after quality control runs, a $200 donation sent by @nexocooker, and technical analysis by @TheLongInvest suggesting ETH buying opportunities near the 200-week moving average at $4,800.
Magic Eden disclosed an exploit in Limit Break's Payment Processor V2 protocol affecting NFTs listed on their EVM marketplace between February and October 2024. The platform stopped using the protocol in October 2024 and shut down its EVM marketplace in Q1 2026, so no live listings were impacted. Users who traded NFTs during the vulnerable period are advised to revoke contract approvals.