Foresight News reports that Step Finance announced on Twitter that Step Finance, SolanaFloor, and Remora Markets will cease all operations. “Following the hacking incident at the end of January, we explored all possible options, including fundraising and acquisition opportunities. Unfortunately, we were unable to achieve a viable outcome, so we have decided to immediately terminate all business activities. We are developing a buyback plan for STEP holders based on a snapshot taken before the incident, and a redemption process for Remora rToken holders. Remora tokens still maintain a 1:1 reserve ratio.”
Foresight News previously reported that Step Finance issued a statement regarding the hacking incident, stating that the attack originated from an intrusion into the company’s executive devices, resulting in approximately $40 million worth of assets being stolen from the treasury. After discovering the security vulnerability, the team promptly engaged cybersecurity researchers and relevant authorities for investigation, notified law enforcement, and temporarily halted some operations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gate for AI upgrades CEX MCP module, AI Agent can directly invoke centralized trading capabilities
Gate announces the upgrade of its AI Agent infrastructure, adding the CEX MCP module, enabling AI to directly access the centralized trading capabilities of exchanges, achieving real-time market data retrieval and trading operations, including order placement, order cancellation, and asset management, forming a complete system from market analysis to trade execution.
GateNews27m ago
Byreal launches perpetual contract product Byreal Perps, supporting 11 assets including crude oil, gold, stocks, and more.
Byreal launched the perpetual contract product Byreal Perps on March 10th, integrated with Hyperliquid to provide liquidity, supporting 11 assets including RWA assets such as gold and US stocks. It features low threshold, high flexibility trading, supports up to 40x leverage, and enables 24/7 trading and seamless fund transfers.
GateNews38m ago
Cryptocurrency project Aethir spreads negative news, with the marketing director accused of having sought women for Epstein.
Gate News reports that on March 10, the crypto community announced that Aethir's marketing director Masha Prusso was accused of having sourced women for Epstein. Meanwhile, community insiders revealed that Aethir has recently undergone large-scale layoffs, with several co-founders and executives leaving one after another, suspected of soft Rug pulling. It is also reported that Masha Prusso's personal website has been taken down recently.
GateNews43m ago
Zhou Hongyi announces the launch of 360 Security Lobster, providing solutions to the three major issues of OpenClaw
Zhou Hongyi announced the launch of the "360 Security Lobster" product, aimed at lowering the barriers to using AI agents, solving issues such as difficult installation, random results, and security risks, ensuring that ordinary users can use it safely.
GateNews58m ago
Cardano Foundation Votes YES on 300M ADA Net Change Limit for Epochs 613–713
The Cardano Foundation has voted in favor of a proposal to cap the amount of ADA that can leave the Treasury to 300 million.
It says the new limit matches the expected Treasury income and aligns with a more conservative spending plan.
The Cardano Foundation has voted to support a new
CryptoNewsFlash59m ago
Vitalik: The Ethereum Foundation stakes 72,000 ETH using "DVT-lite," aiming to allow institutions to stake with a single click
Ethereum co-founder Vitalik Buterin stated that the Ethereum Foundation has staked 72,000 ETH using the simplified decentralized validation technology "DVT-lite," aiming to make institutional-level staking easier and one-click. Despite ETH prices consolidating, staking demand remains strong, with currently 3.2 million ETH waiting to be staked, indicating market vitality.
動區BlockTempo1h ago
