The Jito Foundation has acquired SolanaFloor, a data and journalism platform covering the Solana ecosystem, and plans to relaunch the site after it was shut down earlier this year following a security breach at its parent organization.
The platform went offline in February after parent company Step Finance halted operations following a treasury wallet breach. Before closing, SolanaFloor provided ecosystem news, research and on-chain analytics tracking projects and market activity across the Solana network.
Under the deal, SolanaFloor will resume operations under the Jito Foundation and continue publishing coverage of developments in the Solana ecosystem, according to a company press release shared with Cointelegraph.
Awais Afzal, editor at SolanaFloor, said the platform’s existing editorial team has been retained as part of the acquisition and will remain in place after the relaunch. He told Cointelegraph that SolanaFloor’s daily editorial activities will be conducted independently of the Jito Foundation.
Jito Foundation is a Solana ecosystem organization that supports development around the Jito Protocol, which focuses on liquid staking and block-building infrastructure. The foundation coordinates grants, partnerships and other initiatives intended to support activities within the Solana network.
Additional details about SolanaFloor’s editorial structure, team and commercial offering are expected to be shared following the relaunch. Jito Foundation did not disclose the financial terms of the deal.
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Step Finance hack forced the closure of multiple Solana projects
Step Finance announced in February that it would cease operations after a state portfolio breach took away about $40 million of Solana in late January ($SOL).
The Solana DeFi aggregator said the shutdown would also extend to several affiliate platforms, including SolanaFloor and credit and returns protocol Remora Markets.
Step Finance reported the breach on January 31 and said it had engaged cybersecurity firms to investigate the incident. Blockchain security firm CertiK later reported that more than 261,854 Solana ($SOL) tokens were no longer deployed and transferred during the attack.
Security breaches remain a challenge in the crypto industry. A December report from blockchain analytics firm Chainalysis estimated that hackers will have stolen approximately $3.4 billion in cryptocurrency by 2025.
Major attacks were responsible for a significant portion of these losses. Chainalysis said just three incidents in 2025 accounted for about 69% of total funds stolen during the year, including a $1.4 billion breach at crypto exchange Bybit.
According to the report, North Korean hacking groups were behind $2.02 billion in stolen cryptocurrency over the course of the year, often using tactics such as placing secret IT workers in crypto projects.
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