Major crypto platform shuts down after $26M hack

Step Finance, the decentralized finance (DeFi) dashboard once described as the “front page of Solana,” has announced it will wind down all operations following a $26 million hack earlier this year. In a statement posted on X on Feb. 23, the team behind Step Finance, SolanaFloor, and Remora Markets said it had explored “every possible path forward, including financing and acquisition opportunities,” but ultimately failed to secure a viable outcome. The team added that buyback and redemption plans are now ...