Cryptocurrency

Tweet by Step Finance

2026-02-23 [vendor] Step Finance [chain] solana
Primary Source ↗
Blockchain(s) Solana

Incident Details

Step Finance announced that, following a $30 million theft in late January, the project would be shutting down. Along with it, they will shut down SolanaFloor — a Solana-focused media project — and Remora Markets — a Solana-based tokenized stocks platform.According to Step Finance, “we explored every possible path forward, including financing and acquisition opportunities. Unfortunately, we were unable to secure a viable outcome and have made the difficult decision to end all operations effective immediately.“In reply to Step Finance’s announcement, crypto investor Mike Dudas claimed that the project had contacted him about bridge financing, but that Step had never responded to his request for more information about the hack. “i responded: ‘would need to see the security post mortem before i could consider investing here’ <crickets>”

Technical Details

Initial Attack Vector
Protocol collapse / insolvency
Vendor / Product
Step Finance

Timeline

  1. 2026-02-23 Breach occurred
  2. 2026-02-23 Publicly disclosed