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@limitbreak

limitbreak.com Joined August 2022
8 Following 48K Followers 166 Posts

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Limit Break @limitbreak
PAYMENT PROCESSOR V2/V3 PERMISSIONS HACK UPDATE:
First, we want to thank the heroic efforts of @0xQuit. His quick thinking vastly diminished the damage caused by the attacker. @jiri123_eth followed 0xQuit and saved many NFTs as well. Thank you. We need more people like them in web3.

Payment Processor V2 is an immutable contract. By design, an immutable contract cannot be updated or patched by anyone. That is how web3 works. Please do not wait for us or anyone else to "fix" this. Go revoke permissions NOW.
Payment Processor V2 was integrated in collaboration with Reservoir and Magic Eden over months in 2023 and 2024, and the code was audited multiple times by professional audit firms. Everyone involved worked to verify the protocol's security.

On 11/18/24, Limit Break released Payment Processor v3, which added, among other things: (1) the ability to pause trading on v3, and (2) time-bound permissions that automatically expire after a set period. Changelog: apptokens.com/docs/integrati…
Because the most affected approvals were granted to PPv2, an immutable contract, those approvals cannot be paused. Limit Break has paused v3 to stop further activity there. For v2, the only protection is to revoke your approvals now.

You MUST revoke all permissions to Payment Processor v2 and Payment Processor v3 NOW.

Our team has been working on this non-stop over the past day and the investigation is ongoing. We will share verified updates as we have them.
apptokens.com Overview | Apptokens 3.0.0 (2024-11-19)
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