Magic Eden exploit drains $2.8m from wallets via payment-processor approvals; white hats move 3,832 NFTs in rescue

A suspected vulnerability in Magic Eden's payment processor drained about $2.8m from wallets through contract approvals, with white-hat responders moving 3,832 NFTs out of hundreds of wallets, Yuga Labs CEO Michael Figge said. Users are being urged to revoke permissions to Magic Eden.

Detected & updated continuously · Source: Nebula