Magic Eden says incident involved Limit Break protocol, not its platform

  • Magic Eden co-founder Jack said a vulnerability affected Limit Break’s trading protocol and smart contracts.
  • Magic Eden stopped using the protocol two years ago, Jack said.
  • Magic Eden and Limit Break discussed pausing asset transfers at the protocol level.

Magic Eden co-founder Jack said the marketplace was not directly attacked on September 25. Instead, a vulnerability was found in Limit Break’s trading protocol and smart contracts, which Magic Eden stopped using two years ago. Magic Eden’s team is discussing further measures with Limit Break, including a protocol-level suspension of asset transfers. Until then, users should follow official guidance to revoke relevant authorizations on Magic Eden. Jack thanked white-hat hacker 0xQuit for helping with the response and said more updates will be released.

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