Step Finance Winds Down After $40M Treasury Hack
Solana-based Step Finance is shutting down after a $40 million security breach drained its treasury. The firm said financing and acquisition efforts failed in the aftermath.
Cryptocurrency news, market insight, company coverage, and practical guides related to treasury.
Animoca Brands Japan has partnered with RootstockLabs to introduce Bitcoin-native DeFi tools to Japanese corporations, focusing on regulated treasury management use cases.
Strive announced a $500 million at-the-market offering of its Variable Rate Series A Perpetual Preferred Stock to fund additional Bitcoin acquisitions and general corporate purposes.
American Bitcoin purchased 363 BTC in November, raising total holdings to 4,367 BTC as the market experienced a sharp mid-month decline.