Step Finance

2014-01-01

George Harrap co-founds Bitspark, a blockchain remittance startup in Hong Kong.

2020-02-03

Bitspark announces shutdown following co-founder Maxine Ryan's departure and restructuring failure, with COVID-19 and Hong Kong protests cited as exacerbating factors.

2021-04-01

Step Finance launches on Solana, positioning itself as a unified portfolio dashboard for the Solana DeFi ecosystem.

2021-09-12

STEP token reaches its approximate all-time high price.

2021-10-01

Step Finance executes a 37% total supply burn, reducing the STEP token supply from 1 billion.

2021-10-13

STEP staking goes live via the xSTEP mechanism, the first xSUSHI-style staking contract on Solana.

2025-12-01

Step Finance publishes Step Group 2026 roadmap, outlining expansion plans across Step Finance, SolanaFloor, and Remora Markets.

2026-01-31

Critical security breach: attackers compromise executive team devices and drain approximately $40 million (261,854+ SOL) from Step Finance treasury and fee wallets during APAC hours.

2026-01-31

CertiK flags the illicit withdrawal of approximately 261,854 SOL (~$28.9 million) from Step Finance wallets.

2026-02-01

Step Finance confirms the breach publicly, halts operations, engages cybersecurity professionals, and notifies authorities. Revised total loss estimated at ~$40 million.

2026-02-01

Approximately $4.7 million recovered through ecosystem partner coordination ($3.7M in Remora assets, $1M in other positions).

2026-02-23

Step Finance announces immediate wind-down of all operations, including SolanaFloor and Remora Markets, citing inability to secure financing or acquisition after exhausting all options.

2026-02-23

STEP token drops over 37% on the shutdown announcement, with cumulative losses from pre-breach levels reaching approximately 97%.

2026-02-23

Step Finance announces buyback program for STEP holders using a pre-breach snapshot, and a structured USDC redemption process for Remora rToken holders. Terms not yet finalized.