I have the same issue - but Using Magix 2023, Dell G7, Windows 11 64bit, PreSonus AUDIOBOX 96 and Shure BETA 58A microphone with no Phantom Power required. Actually was having sound not recording problem using with a Swamp X-USB preamp when it started going dodgy, but it shouldn't be happening with a totally different unit. The actual sound level is really low and nothing seems to work , and there is a low rhythmic squeak that shouldn't be there. it sounds like a short followed by 'tic tic tic tic tic tic'. Honestly this AUDIOBOX has been sitting protected in a box since I bought it, and I got it to remove noise due to HDD in laptop. In Magix 2023 an object is recorded but comes up zero sound, no wave signature appears in the object.
Not an answer I'm sorry, but it appears Noone did. Anyone had this issue?