Step Finance Hit by Major Security Breach, Multiple Wallets Compromised

Step Finance Hit by Major Security Breach

Recently, Step Finance announced on its official X account that multiple treasury and fee wallets were compromised. The team is currently conducting an in-depth investigation into the incident.

Details of the Attack Revealed

On-chain data shows that during the attack, approximately 261,854 SOL tokens were unstaked and transferred, with an estimated value of $30 million. The movement of these funds is still under close monitoring.

Emergency Response Measures

Step Finance stated that it is collaborating with several blockchain security firms to identify the cause of the attack and implement countermeasures. The team has also urged users to remain vigilant and avoid potential risks associated with the incident.

Security Concerns in the Industry

This event has reignited discussions within the crypto industry regarding platform security. Experts recommend that projects reinforce their security protocols to ensure the safety of user assets.