Yuga Labs Blockchain Vice President Quit Reminds Users to Revoke Payment Processor V2 and V3 Approvals as Soon as Possible

Odaily News: According to monitoring by Quit, users should revoke their contract approvals for Ethereum Payment Processor V2 and ApeChain Payment Processor V3 as soon as possible, using revoke.cash or other similar tools. Quit stated that if a user's assets were transferred without authorization and are currently held at an address starting with 0x71cf, the relevant assets are in a safe state, but affected users still need to revoke the aforementioned contract approvals.

Previously, NFT marketplace Magic Eden was suspected of having an NFT security vulnerability, with a white hat hacker transferring 3,832 NFTs from hundreds of wallets, worth approximately $1.5 million. Quit stated that this transfer was a white hat operation, and the relevant NFTs are currently held at an address starting with 0x71cF and will all be returned once the risk is resolved.