Step Finance: Hacker incident results in approximately $40 million stolen; it is recommended to refrain from using STEP tokens during the investigation.

CryptoWorld News: Step Finance has issued a statement regarding a hacking incident on the X platform, stating that approximately $40 million worth of assets in the company’s treasury were stolen after a high-level executive’s device was compromised. Step Finance said that upon discovering the security breach, they immediately began an investigation with cybersecurity researchers and relevant authorities, and have notified law enforcement. They have also temporarily halted some operations. The announcement indicates that approximately $3.7 million in Remora-related assets and about $1 million in other positions have been recovered so far. As the largest liquidity provider for Remora Markets, related LP activities will resume once the system is confirmed to be fully secure. Step Finance emphasized that Remora Markets is not related to this security incident, and all rTokens are still supported by custodial collateral at a 1:1 ratio. Until the investigation is complete, Step Finance recommends users refrain from using the STEP token temporarily. The project team stated that future measures will be based on a system snapshot taken before the exploit to ensure the safety of STEP token holders, and they will promptly publish updates as new information becomes available.