HIGH RISK
$29 Million Stolen From From Step Finance Treasury Wallets
The Solana-based defi portfolio tracker Step Finance lost 261,854 SOL (~$28.7 million) when a thief gained access to treasury and fee wallets. It's not yet clear how the attacker was able to steal the
Our Analysis
The Solana-based defi portfolio tracker Step Finance lost 261,854 SOL (~$28.7 million) when a thief gained access to treasury and fee wallets. It's not yet clear how the attacker was able to steal the funds, although Step Finance posted to Twitter that the theft occurred via a "well known attack vector".
Step wrote that they were working with cybersecurity firms and law enforcement to address the incident.
Tweet by CertiK
Tweet by Step Finance
This incident underscores ongoing security challenges in the cryptocurrency space. Investors and users are advised to exercise heightened caution and verify all claims independently. RugPull News will continue monitoring this situation for further developments.
Web3 Is Going Great • February 1, 2026
Rug Pull Score
6.1/10
Based on our analysis
🚩 Red Flags Identified
- Funds compromised: $29 million
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
