Midwit retweeted
Magic Eden keeps fucking haunting me in my sleep, WTF is going on! I’m beyond pissed rn
🚨 Limit Break Exploited 🚨
Ever traded NFTs on Magic Eden's Ethereum marketplace? Your wallet probably still approves Limit Break's Payment Processor, which now has a known vulnerability.
Check if you're exposed and revoke:
revoke.cash/exploits/magic-e…
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Midwit retweeted
TLDR
The house we built didn't explode
Just the generator we chose to use from another vendor that powers the house... that is what blew up
Blame them, not us
*wipes hands and walks away*
We are sharing an interim update regarding an exploit identified with @limitbreak Payment Processor V2, a NFT trading protocol maintained by the company Limit Break and which Magic Eden adopted to settle trades on EVM in 2024.
Magic Eden stopped using Payment Processor V2 in Oct 2024 and ceased our EVM marketplace altogether in Q1 2026. No live Magic Eden listings were impacted in this exploit. We will provide more updates as we investigate the impact further.
We are also contacting Limit Break as they are the owner & maintainer of the protocol to see what other mitigations can be done, including progress on pausing transfers on the protocol. Thank you to @0xQuit for the whitehat rescue and for bringing this to our collective attention: nitter.net/0xQuit/status/21034106…
Why are ME listings being shown to be involved?
NFTs listed on ME EVM from approx Feb 2024 to Oct 2024 could be impacted by this issue with the Limit Break Payment Processor v2 contract. Any listings on ME EVM after Oct 2024 should not be impacted here. We are still further refining our investigation and will provide more updates here.
In the meantime, if you listed or traded NFTs on Magic Eden’s EVM marketplace before we shut it down, revoke this contract:
Limit Break: Payment Processor (V2)
0x9A1D00bEd7CD04BCDA516d721A596eb22Aac6834
Go through our instructions here: revoke.cash
Ethereum → filter that address → revoke every NFT “approved for all” row
Repeat for the following chainsPolygon
Base
See also 0xQuit’s tweet on revocation for further reference also: nitter.net/0xQuit/status/21034106…
NOTE: Revoking does not return tokens that already moved.
Again, we will keep the community updated as we investigate further.
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Midwit retweeted
Own up to your shit @MagicEden, you just caused one of the biggest NFT vulnerabilities in its history, thankfully @0xQuit was there to save a big part of it. But not only did you abandon NFT's but put the entire space at risk, def getting a lawsuit for this shit
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Midwit retweeted
What a joke. “No, it’s his fault, blame them, not me.”
You are responsible for the infrastructure you choose to put in front of your users.
Magic Eden integrated this contract, users approved it through your marketplace, and those approvals were left live long after you abandoned EVM.
You were happy to extract value from NFTs when the market was booming. You don’t get to walk away from the security responsibility when things go wrong.
Own your part in this.
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half that 18b is the other side of the same trade
Some context behind that $18B number:
Hyperliquid reports bilateral open interest, so it counts both the long and short side of each contract.
On a single-sided basis, @DefiLlama shows roughly $9B.
That’s still close to 60% of all open interest tracked across DeFi derivatives. For comparison, the next-largest platform is sitting near $1.4B.
To me, Hyperliquid is becoming the main place people trade onchain derivatives.
But imo, it’s worth watching the other side too because more of the market’s liquidation and infrastructure risk is now concentrated on a single platform.
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The $200M is the tell — 63% outside US hours is the real flex. Solana’s rails are getting boring in the good way.
I’ve joined @SolanaFndn as Chief Strategy Officer. What excites me is Solana’s position to bring Internet Capital Markets to life: connecting assets, trading and payments on one global network, open to anyone, around the clock.
You can already see it happening: $200M in tokenised equities traded in a single day, with roughly 63% outside US market hours.
My focus is helping drive the next phase of growth, bringing more institutions, enterprises, builders and users into that opportunity.
Thank you to @calilyliu and the team for the warm welcome. Excited to get going. 💜
coindesk.com/business/2026/0…
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Midwit retweeted
🇺🇸 HUGE: U.S. PRESIDENT TRUMP ANNOUNCES A MAJOR EVENT FOR TOMORROW:
„I WOULD SAY THE ENTIRE TECH WORLD & THE ENTIRE BANKING WORLD WILL ATTEND THE EVENT!“ 🫨
WILL THE SWITCH BE FLIPPED TOMORROW? 🕹️
JackTheRippler ©️
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Midwit retweeted
THIS IS HUGE.
CFTC Chairman says U.S. markets should prepare for mass tokenization and 24/7 markets on the blockchain.
Wall Street is going onchain.
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