Magic Eden Limit Break Contract Drains $2.8M
- NFTs
- Security
Attackers exploited a dormant Limit Break payment contract on Magic Eden that had not been touched in nearly two years. Wallets holding old approvals lost $2.8 million while $5.7 million in NFTs were protected by quick response. CT watched the on-chain trail as the marketplace contract nobody monitored became the latest dormant-code casualty.
Incident Details
- Type
- PROTOCOL EXPLOIT
- Funds Lost
- $2.8M
- Status
- Ongoing
NFTs largely saved but ETH drained before pause