Step Finance says compromised execs’ devices led to $40M crypto theft

Step Finance says compromised execs' devices led to $40M crypto theft

Step Finance announced that it lost $40 million worth of digital assets after hackers compromised devices belonging to the company’s team of executives.

The platform detected the breach on January 31 and engaged cybersecurity researchers who helped it recover some of the stolen assets.

Step Finance is a decentralized finance (DeFi) platform and analytics tool built on the Solana blockchain that allows users to visualize, track, analyze, and manage their crypto assets and positions.

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The platform, considered one of the most active and widely used Solana dashboards, also supports executing transactions, swaps, staking, and other DeFi actions through its interface. It also has a native token, $STEP, with relatively…

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