Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
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Hackers nab $600M from DeFi platform Poly Network
Poly Network, a decentralized finance platform, had $600 million worth of cryptocurrency stolen, in a hack the company reported in a Twitter post.
In a strange turn of events Wednesday, CNBC reports, the hackers began returning some of the stolen funds. They reportedly sent a message to Poly Network embedded in a cryptocurrency transaction saying they were “ready to return” the funds.
HopSkipDrive lands $25M to drive kids: Los Angeles-based HopSkipDrive, a rideshare platform focused on shuttling kids to school, reportedly raised $25 million in a Series C funding round.
Afilio raises $13M for estate planning: Berlin-based Afilio, provider of a centralised location for families to create and consolidate personal estate management, legal, financial, and retirement/end-of-life planning, raised $13 million. CommerzVentures led the financing for the four-year-old company.
— Joanna Glasner
Illustration: Dom Guzman
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