Revoke approvals for Ethereum Payment Processor V2 and ApeChain Payment Processor V3 are being urged by Yuga Labs’ blockchain VP Quit after suspected security issues linked to NFT marketplace activity.
White-hat hackers transferred 3,832 NFTs worth about $1.5 million from hundreds of wallets to a secure address and said they plan to return the assets after the risk is resolved.
The warning covers both the Ethereum and ApeChain networks and urges users to remove contract approvals to protect their assets, recommending tools such as revoke.cash to revoke permissions.
Revoke approvals and recommended action
Quit specifically warned users to revoke approvals for the Ethereum Payment Processor V2 and ApeChain Payment Processor V3 smart contracts because of suspected security problems tied to NFT marketplace activity. The notice asks affected users to use services like revoke.cash to remove contract approvals and limit exposure while the issue is investigated.
Market context from Pluang
As of Sep 25, 2026 15:02 WIB, Pluang data showed 37 out of 50 major cryptocurrencies rose while 12 fell. EOS led gains with an 8.13% increase to Rp12.649 and a typical hold time of 87 days. Algorand rose 8.00% to Rp2.038 despite a high 82% sell order activity and a longer hold time of 129 days. Chainlink gained 7.91% to Rp240.964 with a more balanced sell/buy order split and a shorter hold time of 63 days.
