Step Finance Hack Statement: Approximately $40 million was stolen; we advise against using STEP tokens for the time being.

PANews reported on February 3 that Step Finance issued a statement on its X platform regarding a hacking incident, disclosing that approximately $40 million was stolen from its vault due to an intrusion into the devices of its executives. After detecting the security vulnerability, Step Finance collaborated with cybersecurity researchers and relevant departments to launch an investigation into the attack and notified law enforcement. During this period, some operational activities were temporarily suspended. Currently, 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 1:1 secured by escrow collateral. At this stage, it is recommended that no one use STEP tokens until the investigation is complete. System snapshots will be obtained before the vulnerability was exploited to ensure the security of STEP token holders. Updates will be released immediately as soon as any progress is made.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
5 hour ago
6 hour ago
7 hour ago
8 hour ago
9 hour ago
10 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读