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Crypto platform asks hacker to become security advisor

The Poly Network logo displayed on a phone screen with a physical representation of some cryptocurrencies.

Jakub Porzycki | NurPhoto via Getty Images

The cryptocurrency platform targeted in a massive heist is now inviting the hacker behind it to become an advisor to the firm, and promising a $500,000 reward for the restoration of user funds.

Poly Network, a so-called decentralized finance or “DeFi” project, was hit with a major attack last week which saw the hacker, or hackers, make off with more than $600 million worth of tokens.

Poly Network lets users swap tokens from one digital ledger to

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Warren asks SEC to take closer look at cryptocurrency exchanges

Sen. Elizabeth WarrenElizabeth WarrenWarren slams Wells Fargo decision to close customer credit lines Schumer warns August recess in danger as infrastructure work piles up The Hill’s Morning Report: Afghanistan’s future now up to Afghans, Biden says MORE (D-Mass.) is asking the Securities and Exchange Commission (SEC) to assess the effect of cryptocurrency exchanges on U.S. financial markets and the risks they could pose to consumers.

In a letter released Thursday, Warren asked SEC Chairman Gary GenslerGary GenslerHillicon Valley: Warren asks SEC to take closer look at cryptocurrency exchanges | Maryland town knocked offline as part of massive

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