Step Finance Hack Statement: Approximately $40 million was stolen; we advise against using STEP tokens for the time being.

PANews reported on February 3 that Step Finance issued a statement on its X platform regarding a hacking incident, disclosing that approximately $40 million was stolen from its vault due to an intrusion into the devices of its executives. After detecting the security vulnerability, Step Finance collaborated with cybersecurity researchers and relevant departments to launch an investigation into the attack and notified law enforcement. During this period, some operational activities were temporarily suspended. Currently, approximately $3.7 million in Remora assets and $1 million in other positions have been recovered. As the largest liquidity provider for Remora Markets, LP activities will resume once the system is fully secure. Remora Markets is not involved in this incident, and all rTokens remain 1:1 secured by escrow collateral. At this stage, it is recommended that no one use STEP tokens until the investigation is complete. System snapshots will be obtained before the vulnerability was exploited to ensure the security of STEP token holders. Updates will be released immediately as soon as any progress is made.