Cryptorank Step Finance Suffers $40M Hack via Compromised Executive Devices
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Step Finance experienced a significant security breach resulting in a loss of approximately $40 million in digital assets. The incident, detected on January 31, 2025, was attributed to compromised devices belonging to the company's executives rather than a vulnerability in the protocol itself. Step Finance is actively working with cybersecurity experts to recover stolen assets and enhance security measures.
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