Magic Eden is suspected of having a security vulnerability, as white hat hackers transferred 3,832 NFTs from hundreds of wallets

The NFT market Magic Eden appears to have a security vulnerability, with white hat hackers transferring 3,832 NFTs from hundreds of wallets.

Quit, the Vice President of Blockchain at Yuga Labs, stated that this transfer is part of a white hat operation. The related NFTs are currently stored in an address starting with "0x71cF," and the assets are in a secure state. They will be returned in full once the risk is eliminated.