Magic Eden NFT market suspected of having a security vulnerability; white-hat hackers transferred 3,832 NFT
2026-09-25 16:09:44
According to CoinMeta, Wu said that it has been reported that a security vulnerability has been detected in the Magic Eden market of NFT. White-hat hackers have transferred 3,832 NFT from hundreds of wallets. Yuga Labs CEO Michael Figge stated that the vulnerability was discovered a few hours ago, and currently, Yuga Labs, the vice president of blockchain, Quit (0xquit), is working on recovering the affected assets within the scope of the white-hat rescue. More information will be released later. Quit mentioned that this asset transfer was part of a white-hat protection operation, and the relevant NFT are currently stored in an address starting with 0x71cf. The assets are in a safe state, and once the risk is eliminated, they will all be returned to their original owners. As of now, Magic Eden has not yet announced the cause of the vulnerability or the specific scope of the impact.
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