3 Solana platforms to shutter following devastating $27M hack

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Why This Matters

Solana-based platform Step Finance has announced the shutdown of three platforms following a devastating $27 million hack in January, highlighting security concerns in the DeFi space.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Solana DeFi aggregator Step Finance says it was "unable to secure a viable outcome” after being hacked $27 million in January.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on February 24, 2026.
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