PANews
PANews|2月 03, 2026 02:17
[Step Finance Hack Incident Statement: Approximately $40 Million Stolen, Temporary Suspension of STEP Token Usage Recommended] Step Finance released a statement on Platform X regarding a hacking incident, revealing that approximately $40 million was stolen from its treasury due to a breach of an executive's device. After detecting the security vulnerability, they initiated an investigation into the attack in collaboration with cybersecurity researchers and relevant authorities, and notified law enforcement. During this period, certain operational activities have been temporarily suspended. So far, approximately $3.7 million in Remora assets and $1 million in other positions have been recovered. As the largest liquidity provider for Remora Markets, LP activities will resume once the system is fully secure. Remora Markets is not involved in this incident, and all rTokens remain backed 1:1 by collateral held in custody. At this stage, it is recommended that no one use STEP tokens until the investigation is complete. A system snapshot from before the exploit will be used to ensure the safety of STEP token holders. Any updates will be released immediately as progress is made.
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