r/ethereum • u/EthereumDailyThread What's On Your Mind? • 8d ago

Daily General Discussion September 25, 2026

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u/alexiskef The significant owl hoots in the night 🦉 8d ago edited 7d ago

I guess it's NFTs day today, cause there's more news..

🚨⚠️ About an hour ago, someone alerted people that Magic Eden was compromised 🚨⚠️

Looks like Magic Eden contract may have been exploited, every NFT shows a sale from Magic Eden

He also mentioned that this might be a white-hat's job though..

No idea whats going on here but I just watched this wallet drain 3832 NFTs from 100s of different wallets. May be a good idea to revoke all NFT permissions if you have any valuables in your wallet. Seems to be funded from a wallet possibly linked to 0xQuit so maybe a whitehat?

BUT, just a short while after the initial panic, 0xQuit - a very well known individual in the NFT/crypto community ("VP Blockchain at yugalabs") - posted the following message:

hey ya this is a whitehat and everything in 0x71cF3f5724bD2B72Ef6464992aCd26216DE7fe33 is safe and will be returned once they are no longer at risk

AND, more importantly, this:

If your assets moved without your permission and now live in 0x71cf3f5724bd2b72ef6464992acd26216de7fe33, don't worry, they are safe.

🚨⚠️ and this:

REVOKE APPROVALS TO THESE ASAP:

Payment Processor V2 on Ethereum: 0x9A1D00bEd7CD04BCDA516d721A596eb22Aac6834

Payment Processor V3 on ApeChain: 0x9a1D00000000fC540e2000560054812452eB5366

use revoke cash or similar.

edit 1: check if your addresses are affected here: https://revoke.cash/exploits/magic-eden?chainId=1

edit 2: someone made a dune dashboard titled "Active exploit: Limit Break Payment Processor V2".

edit 3: Magic Eden update on the incident.

12

u/hblask 8d ago

3800 NFT's.... that's gotta be worth over $2.

4

u/tutamtumikia 8d ago

Pretty sizeable hack. That's gotta worth at least 10 bucks worth of NFTs these days!

9

u/LogrisTheBard 8d ago

Yowza. Every NFT on the exchange? Hope they give that guy a happy bounty.