Step Finance, SolanaFloor, and Remora Markets will cease all operations. Step Finance @StepFinance_ tweeted: “Following the hack at the end of January, we explored all possible paths forward, including fundraising and acquisition opportunities. Unfortunately, we were unable to achieve viable outcomes, and have therefore decided to immediately shut down all operations. We are developing a buyback program for STEP holders based on a snapshot taken prior to the incident, and a redemption process for Remora rToken holders. Remora tokens remain fully backed at a 1:1 ratio.” Foresight News previously reported that Step Finance issued a statement regarding the hack, stating that the breach occurred due to compromised devices of company executives, resulting in the theft of approximately $40 million in treasury assets. Upon discovering the security vulnerability, the team immediately initiated an investigation with cybersecurity researchers and relevant authorities, notified law enforcement, and temporarily suspended certain operations.