Step Finance hack triggers shutdown of three Solana platforms after $27M loss

Solana DeFi aggregator Step Finance, along with SolanaFloor and Remora Markets, is shutting down after a $27 million hack of its treasury wallets at the end of January. The team said it could not find a viable path forward and will halt operations immediately, while planning a buyback for STEP token holders and redemptions for Remora rToken holders.