Solana
Joined March 2021
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Today we are announcing that Step Finance, SolanaFloor, and Remora Markets will be winding down all operations.
Following the hack at the end of January we explored every possible path forward, including financing and acquisition opportunities.
Unfortunately, we were unable to secure a viable outcome and have made the difficult decision to end all operations effective immediately.
We are working on a buyback for STEP holders based on a snapshot prior to the incident, and a redemption process for Remora rToken holders. Remora tokens remain backed 1:1.
We are deeply grateful to our community for the support over the years and are confident that this is the best outcome given the circumstances. We want to thank our millions of customers over the years for joining us on this journey.
More details will be shared soon
Stay safe out there!
WARNING: There is a DPRK scammer pretending to be @George_harrap on Telegram. They will try get you to join a fake Teams link and the meeting might look legit.
Do not engage with this scammer.
Remember, when in doubt: ask them to insult Kim
A former Step user has 200 SOL stranded from 5 years ago. Let’s find this legend and get their SOL returned.
Who owns this wallet? solscan.io/account/4mHcBjxy2…
Step☀️ retweeted
Same old crap every year.
At least with @SolanaCrossroad we did something different and elegant. Those that remember taking the party boat through the Bosphorus or our last unique party we held in the Binbirdirek Cistern.
Good vibes. People dancing. People connecting.
This industry needs to do better.
This quoted post is unavailable.
Thanks again to everyone who supported us over the last 5 years!
It was quite an epic journey - we were one of the first major projects on Solana alongside @Raydium and @orca_so .
The first and best portfolio tracker for Solana allowing you to find that lost money under the couch.
Chewed an insane amount of glass through all the bear markets, and continued to ship products and maintain integrity till the end.
We tried many things - from analytics dashboards and data API's, to running the greatest media platform for Solana @SolanaFloor , the first and most epic community conference @SolanaCrossroad, onboarded and educated 1000's of people through @allstarsTR, and toward the end, were on an amazing growth trajectory with RWA's and @RemoraMarkets.
We wish everyone the best and lets see where the next chapter lands! 🫡♥️
Claim window has now closed.
Payments will be organized over the coming week to the payout address specified on the claim.
Step☀️ retweeted
👏👏 This was the right thing to do.
All these do-gooders saying otherwise clearly haven't been victims, or had to close a business of 30+ employees.
If we don't stand up to DPRK and other bad actors **there won't be a DeFi left worth caring about**. I know many OG's who have left the space and would rather use CeFi now.
We need to band together and find reasonable ways to fight back swiftly. We are literally under-attack and yet we are sitting here fighting each other instead of pioneering ways to be more offensive to the real enemy.
How many more billions need to be extracted from us before you all start seeing the real problem?
F*ck Kim. F*ck North Korea.
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.
After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.
As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
Step☀️ retweeted
💯 I was even trying to ask if this was possible but no one cared enough to even scramble to see if it could be. The funds are still sitting on Solana idle. Would be great if they could be sniped back. @solana @anza_xyz
👏👏👏
Great job, creates the exact sort of precedent that many others can lean on in future cases.
During the Step hack Solana validators had 48h while SOL was unstaking and could have done the same, instead everyone was watching the train wreck in slow motion.
Hope as an industry we can all come up with ready triggers to act when the time comes.
Step☀️ retweeted
Now if only @solana could do the same for the $40m that’s still sitting idle that was taken from @StepFinance_
Time for change. Fuck Kim.
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.
After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.
As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
Reminder to put your claims in. There are 9 days remaining before portal is closed.
Payouts will be airdropped once claim process concludes.
The claim portal is now open.
If you had STEP or xSTEP in a wallet as of January 30th 2026, please submit a claim.
The portal will be open for 1 month as we collect claims. Payments will be processed at the end of that time period.
claims.step.finance/
Step☀️ retweeted
🚨BREAKING: @Solana Foundation launched STRIDE, alongside 24/7 threat monitoring and a new crisis response network for Solana DeFi following the Drift hack.
➡️Protocols above $10M TVL that pass STRIDE will get 24/7 threat monitoring.
➡️Protocols above $100M TVL will also receive Foundation funded formal verification.
➡️Solana Foundation also launched SIRN, a new incident response network led by Asymmetric, OtterSec, Neodyme, Squads, and ZeroShadow.
Step☀️ retweeted
Honestly pretty sad and disappointing it’s taken a hack of $300m from @DriftProtocol to get everyone talking about opsec, security and multisigs.
I guess @StepFinance_ losing $40m wasn’t enough to scare all of you into hardening your setups.
Step☀️ retweeted
idea
maybe for someone doing @colosseum
privacy focused treasury management
> potentially leverage squads @multisig existing tools like multi-sig
> @Arcium to make it all private
> now you have private payroll (and more) and no snoopy employees or public (just like the trad world)
who's building this?
The claim portal is now open.
If you had STEP or xSTEP in a wallet as of January 30th 2026, please submit a claim.
The portal will be open for 1 month as we collect claims. Payments will be processed at the end of that time period.
claims.step.finance/
Step☀️ retweeted
Now that I've had time to process things - I want to share a post-mortem on the security incident that led to our treasury being drained - and ultimately what led to the decision to shutdown operations.
- This was not a smart contract exploit
- It was not a protocol or infrastructure failure
It was a long term targeted phishing attack against our team.
🧵
Step☀️ retweeted
Glad that Solanafloor continues and we were able to get the acquisition done with a solid ecosystem team
It is in good hands
xitter.cf/SolanaFloor/status/203…
SolanaFloor is back.
As of today, we are thrilled to announce that SolanaFloor has been acquired by @jito and will resume operations under the Jito Foundation’s ownership while maintaining full editorial independence.
After announcing a wind-down in February 2026 following an exploit tied to our parent organization, we explored external financing and acquisition options. However, the team was unable to secure a viable path forward at the time, leaving a gap in independent coverage of onchain activity across the Solana ecosystem.
Now, we can resume operations. While SolanaFloor will operate under Jito Foundation ownership, all editorial decisions including story selection, data presentation, and coverage priorities will remain fully independent of Jito Foundation’s activities, partnerships, and interests.
The mission remains unchanged: documenting the ongoing rise of the Solana ecosystem and providing clear, unbiased research and journalism. It’s a critical time for the chain. Spot $SOL ETFs have crossed $1B in AUM. The ecosystem is gradually institutionalizing. New DeFi tools and integrations emerge every day. The need for independent Solana coverage has never been more apparent.
“When SolanaFloor went dark, the ecosystem lost something difficult to replace,” said @brian_smith_0 , President of Jito Foundation. “This acquisition is about filling the gap with a platform that operates from a position of editorial independence. Jito has a long term stake in the health of the Solana ecosystem, and that means investing in the infrastructure and public goods that keeps the community informed.”
Additional details on the relaunch -- including editorial structure, commercial offerings, and team updates -- will be shared soon.
Step☀️ retweeted
The last few weeks have been quite the rollercoaster, but I'm stoked we were able to find a new home for SolanaFloor and the team behind it. I think they'll be in good hands with @jito, and continue to give you unbiased coverage of Solana. 🫡
SolanaFloor is back.
As of today, we are thrilled to announce that SolanaFloor has been acquired by @jito and will resume operations under the Jito Foundation’s ownership while maintaining full editorial independence.
After announcing a wind-down in February 2026 following an exploit tied to our parent organization, we explored external financing and acquisition options. However, the team was unable to secure a viable path forward at the time, leaving a gap in independent coverage of onchain activity across the Solana ecosystem.
Now, we can resume operations. While SolanaFloor will operate under Jito Foundation ownership, all editorial decisions including story selection, data presentation, and coverage priorities will remain fully independent of Jito Foundation’s activities, partnerships, and interests.
The mission remains unchanged: documenting the ongoing rise of the Solana ecosystem and providing clear, unbiased research and journalism. It’s a critical time for the chain. Spot $SOL ETFs have crossed $1B in AUM. The ecosystem is gradually institutionalizing. New DeFi tools and integrations emerge every day. The need for independent Solana coverage has never been more apparent.
“When SolanaFloor went dark, the ecosystem lost something difficult to replace,” said @brian_smith_0 , President of Jito Foundation. “This acquisition is about filling the gap with a platform that operates from a position of editorial independence. Jito has a long term stake in the health of the Solana ecosystem, and that means investing in the infrastructure and public goods that keeps the community informed.”
Additional details on the relaunch -- including editorial structure, commercial offerings, and team updates -- will be shared soon.
Step☀️ retweeted
SolanaFloor is back.
As of today, we are thrilled to announce that SolanaFloor has been acquired by @jito and will resume operations under the Jito Foundation’s ownership while maintaining full editorial independence.
After announcing a wind-down in February 2026 following an exploit tied to our parent organization, we explored external financing and acquisition options. However, the team was unable to secure a viable path forward at the time, leaving a gap in independent coverage of onchain activity across the Solana ecosystem.
Now, we can resume operations. While SolanaFloor will operate under Jito Foundation ownership, all editorial decisions including story selection, data presentation, and coverage priorities will remain fully independent of Jito Foundation’s activities, partnerships, and interests.
The mission remains unchanged: documenting the ongoing rise of the Solana ecosystem and providing clear, unbiased research and journalism. It’s a critical time for the chain. Spot $SOL ETFs have crossed $1B in AUM. The ecosystem is gradually institutionalizing. New DeFi tools and integrations emerge every day. The need for independent Solana coverage has never been more apparent.
“When SolanaFloor went dark, the ecosystem lost something difficult to replace,” said @brian_smith_0 , President of Jito Foundation. “This acquisition is about filling the gap with a platform that operates from a position of editorial independence. Jito has a long term stake in the health of the Solana ecosystem, and that means investing in the infrastructure and public goods that keeps the community informed.”
Additional details on the relaunch -- including editorial structure, commercial offerings, and team updates -- will be shared soon.