NFT Marketplace Is Closed, but the Risk Isn't: Old Approvals Left Millions in Assets Exposed

Legacy transaction approvals on Magic Eden's now-closed EVM marketplace left NFTs worth more than $5.7 million exposed to risk, according to a report by Fatih Taşdemir published on koinbulteni.com, citing The Block. A rescue operation has since secured 23,155 NFTs, the report said.