Step Finance shuts down following $40M exploit Following a massive $40M security breach on January 31, @Solana portfolio manager @StepFinance_ has officially announced it is shutting down. The exploit completely drained the project's fee wallets and treasury, leaving the platform unable to continue operations. The dissolution extends to all integrated subsidiaries, including media outlet @SolanaFloor and the tokenized equities platform @RemoraMarkets will also stop functioning. $STEP fell nearly 35% over the past 24 hours and almost 100% over the past 30 days, giving it a market capitalization of about $193,000. 🔗