3 Solana platforms to shutter following devastating $40M hack
Solana DeFi aggregator Step Finance says it was “unable to secure a viable outcome” after a $40 million treasury wallet breach in January.
Solana DeFi aggregator Step Finance says it was “unable to secure a viable outcome” after a $40 million treasury wallet breach in January.
Original source
Read on CointelegraphRelated market context
Q2 2026 Sets All-Time High for DeFi Hack Count With ~70 Exploits, $746M Stolen
Q2 2026 has become the most-hacked quarter in DeFi history by incident count, according to DefiLlama, which logged approximately 7...
The next DeFi drain could come from legacy contracts everyone forgot
The Raydium AMM V3 exploit drained roughly $1.34 million from a phased-out program tied to five pools outside the current product...
Exodus launches Exodus Markets with 200+ tokenized assets on Solana
Exodus Markets' launch on Solana could accelerate blockchain adoption in finance, showcasing tokenization's potential to transform...
Monte secures first win of IEM Cologne Stage 3 as crypto sponsorships reshape esports
Crypto sponsorships in esports could redefine revenue models, but sustainability concerns persist amid volatile market conditions....
Solana News: SpaceX Will Have the Biggest IPO in History, And Its Stock Will Be Trading on Solana the Same Day
Solana News: On June 12, 2026, the same day SpaceX will be trading on Nasdaq at $135/share, raising $75 billion in the largest IPO...
Babylon secures $5B in staked Bitcoin, partners with Aave for BTC lending
Babylon's integration with Aave could redefine Bitcoin's utility, enhancing its role in DeFi while highlighting potential risks an...