An outdated approval linked to Magic Eden may still allow a processor to interact with users’ NFTs, according to Revoke.cash, despite the EVM marketplace’s closure. The warning followed a whitehat operation that moved 3,832 NFTs. Revoke.cash said the permission survived after the marketplace shut down, leaving users potentially exposed if the approval remains active. The extent of any losses caused by malicious activity has not been established. CryptoSlate reported the development as a security issue affecting NFT holders connected to the former marketplace. The incident highlights the continued relevance of checking and revoking token permissions after a crypto platform ceases operations, although no additional details on affected collections, wallets, or financial losses were provided.
