Step Finance, a decentralized finance portfolio tracker on Solana, has disclosed a security breach that led to the compromise of several treasury wallets, triggering a sharp sell-off in its native token.
“Earlier today several of our treasury wallets were compromised by a sophisticated actor during APAC hours. This was an attack facilitated through a well known attack vector,” the platform wrote in a post on X, adding that they have taken “remediation” steps.
Onchain data reviewed by blockchain…