Techmeme
November 6, 2021, 4:40 PM

Top News

Nikhilesh De / CoinDesk:
The US infrastructure bill amends tax code section 6050I to require certain recipients of digital assets worth $10K+ to report sender details to the IRS  —  The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax reporting requirement.
Madeleine Morley / New York Times:
A look at digital pets site Neopets, which had 25M users in the mid-2000s, as owner JumpStart Games says 30%-40% of former users returned since March 2020  —  CHOOSE THEME:tilleri833jhdh  —  alli_draggy, by El MetlerBlack7Pearl, by El MetlerBunnyCutie2004, by Steph SkrotDisgrace …
Catalin Cimpanu / The Record:
DeFi platform bZx says a hacker stole an estimated $55M worth of cryptocurrency assets after spear-phishing one of its employees and swiping two private keys  —  A hacker has stolen an estimated $55 million worth of cryptocurrency assets from bZx, a decentralized finance (DeFi) …
Benjamin Mayo / 9to5Mac:
Report: Apple and TSMC plan to produce 3nm chips for Macs as soon as 2023, with as many as four dies and up to 40 CPU cores per chip  —  Apple is taking the PC world by storm with its first debut of Apple Silicon chips inside of Macs, taking what it learned from developing the iPhone and iPad …
Jamie Crawley / CoinDesk:
Bitcoin Cash briefly spiked 4.6% on Friday after a fake PR Newswire press release, which also appeared on Kroger.com, claimed Kroger will begin accepting it  —  The cryptocurrency rose over 4.6% from $602.63 at around 11:30 UTC to $630.70 in less than 15 minutes after the publication of a fraudulent announcement.
FinSMEs:
Gather, which builds metaverse-like environments for offices, events, and conferences, raises a $50M Series B led by Sequoia Capital and Index Ventures  —  Gather, a US provider of a metaverse platform, raised $50M in Series B funding.  —  The round was led by Sequoia Capital and Index Ventures …
Source: GatherMore: Fast Company

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Techmeme Ride Home:
(TWTR SPC) - a16z's Chris Dixon (@cdixon) On The State Of Crypto And Web3
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