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Step Finance shuts operations after $27 million January hack
Market Intelligence Analysis
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Why This Matters
Step Finance has shut down operations following a $27 million hack in January, with plans for a buyback of its native token STEP based on pre-incident holdings and value.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
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.
Step is working on a buyback for holders of native token STEP based on a snpashot of holdings and value prior to the incident.
Original article published by
CoinDesk
on February 24, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.