Marketplaces bear primary responsibility for the security risks of legacy smart contract approvals

Magic Eden legacy NFT approval exposure

Legacy approvals to Limit Break Payment Processor V2 remained active after Magic Eden stopped using the processor and closed its EVM marketplace. In September 2026 an exploit exposed user NFTs; white-hat responders rescued assets that were still reachable.

3 claims·1 news story

NFT Marketplaces

Platforms where users mint, buy, sell, and discover non-fungible tokens across various blockchains.

1 claim·1 news story