Step Finance treasury wallets breached, $27M in SOL drained as STEP crashes 90%
Solana-based DeFi platform Step Finance disclosed a treasury wallet breach that saw over $27 million in SOL moved onchain, sending its STEP token down more than 90%.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Solana-based DeFi platform Step Finance disclosed a treasury wallet breach that saw over $27 million in SOL moved onchain, sending its STEP token down more than 90%.
Why this matters
Solana is showing up inside the Security Incidents theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Cybersecurity consultant found guilty of stealing $55M in crypto from Uranium Finance
The conviction highlights the vulnerabilities in DeFi systems and underscores the effectiveness of blockchain forensics in tracing...
Bitcoin price has risen 84% since January 2024 while Treasury yields climbed
Bitcoin traded below $84,000 on Oct. 7 as US Treasury yields near 5.3% offered investors a competing interest-bearing alternative....
Plume Opens Onchain Access to Fidelity’s $28B Bond ETF Through New nBND Vault
Key Takeaways: Plume has introduced nBND, a tokenized vault with a primary asset of Fidelity Total Bond ETF (FBND). FBND is managi...
Solana Hits 14M Stablecoin Holders as Card Volume Tops $1B
Solana’s stablecoin footprint has expanded to more than 14 million holder addresses, alongside over $15 billion in supply and $1 b...
Paxos Crypto Brokerage adds XRP trading and custody for institutional partners
Paxos' XRP integration for institutions may enhance crypto market liquidity, stability, and acceptance, bridging traditional finan...
OKX Secures Circle, Ripple and Standard Chartered Backing at $25B Valuation
Key Takeaways: OKX raised funding with Circle, Ripple, QRT, and SC Ventures with a valuation of $25B. The deal is a continuation o...