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Step Finance, a Solana-based portfolio management platform, said it will cease operations after failing to recover from a Jan. 31 incident that drained $40 million from its treasury and fee wallets.

Decentralized finance (DeFi) portfolio tracker Step Finance said it will wind down operations effective immediately. The Solana-based platform was subject to a hack at the end of January, which saw ...

Step Finance is shutting down its Solana-based platforms after a January hack drained up to $40 million and undermined its financial stability. In a statement shared on Feb. 24 on X, the company said ...

Add Decrypt as your preferred source to see more of our stories on Google. Solana-based DeFi projects Step Finance, SolanaFloor and Remora Markets are shutting down their services, Step Finance ...

Step Finance shuts Solana platform after $40 million cyberattack losses. Hack hit team devices, not smart contracts, draining treasury wallets. STEP token crashed 97% as firm plans buybacks and rToken ...

Step Finance is closing its Solana-based operations after a January cyberattack drained up to $40 million from its treasury and fee wallets. The company confirmed in a post on X that it is shutting ...

Solana DeFi aggregator Step Finance says it was “unable to secure a viable outcome” after a $40 million treasury wallet breach in January. Update Feb. 24, 9:21 am UTC: This article has been updated to ...