Wu said that Step Finance announced that Step Finance, SolanaFloor, and Remora Markets will cease all operations. The team stated that after a hacker attack at the end of January, they explored all possible options including financing and mergers and acquisitions, but were unable to find a viable solution, so they decided to immediately terminate all businesses. At the same time, the team is developing a buyback plan for STEP holders based on a snapshot taken before the incident, and providing redemption procedures for Remora rToken holders. Remora tokens remain supported at a 1:1 ratio. Previously, Step Finance experienced a management device breach, resulting in approximately $40 million being transferred out of the Step Finance treasury.