Step Finance, a leading decentralized finance (DeFi) aggregator operating on the Solana blockchain, has publicly confirmed that it is conducting an urgent, thorough investigation into a potential security breach affecting one of its primary treasury wallets. The wallet under scrutiny reportedly holds digital assets valued at approximately $29 million. The platform initiated the investigation after detecting anomalous transaction activity originating from the designated treasury address. While details regarding the nature and extent of the compromise remain scarce, Step Finance has been proactive in communicating with its user base. They emphasized that the potentially affected wallet is used exclusively for strategic operations and development funding, stressing that no user funds, staked assets, or liquidity pool resources were held within the compromised address. The team is currently collaborating with specialized blockchain security firms and forensics auditors to trace the flow of assets and ascertain the method used for the potential unauthorized access. Step Finance has committed to providing continuous updates to the community as the investigation progresses.
Source: Solana DeFi platform Step Finance investigating $29 million treasury wallet compromise
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