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Security Cointelegraph

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%.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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%.

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.

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