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Solana DeFi platform Step Finance to close operations following treasury hack
The Solana (SOL)- based decentralized finance (DeFi) platform Step Finance announced it will end all operations effective immediately following a breach that drained its treasury. Step Finance (STEP), a DeFi platform on the Solana blockchain, announced in an X post on Monday that it would immediately wind down all operations. The shutdown includes its subordinate platform for news and analytics, SolanaFloor, as well as the tokenized equities trading platform Remora Markets. The team explained that the decision follows a security breach of its treasury wallets on January 31, which resulted in the loss of roughly ... (full story)
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