Hackers Steal Over $600 Million Worth of Cryptocurrencies from Poly Network

Hackers have siphoned $611 million worth of cryptocurrencies from a blockchain-based financial network in what’s believed to be one of the largest heists targeting the digital asset industry, putting it ahead of breaches of exchanges Coincheck and Mt. Gox. Poly Network, a cross-chain decentralized finance (DeFi) platform for swapping tokens across multiple blockchains such as…

Pave gets Y Combinator to back better startup compensation tools, again – TechCrunch

Pave, a San Francisco-based startup that helps companies benchmark, plan and communicate compensation to their employees, has raised a $46 million Series B. YC Continuity led the round, which also saw participation from Andreessen Horowitz and Bessemer Venture Partners. The round comes eight months after Pave closed a $16 million Series A round. Today’s financing…