Although Magic Eden closed its EVM marketplace, active on-chain approvals granted by users in 2024 remained live, exposing their wallets to the Limit Break Payment Processor V2 exploit

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Magic Eden and Revoke.cash urged users to revoke legacy approvals for Limit Break's Payment Processor V2 on Ethereum, Polygon, and Base to prevent future wallet exploits

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