Techmeme
November 8, 2021, 9:30 AM

Top News

Hirsh Chitkara / Protocol:
Even minor actions in an NFT game can be taxable events, an inconvenient reality exacerbated by the lack of raw transaction records from many NFT games  —  In a matter of months, NFT gaming became a multibillion-dollar industry by combining two things people already loved: video games and getting rich from crypto.
Paul Sawers / VentureBeat:
Drata, which uses automation to help companies obtain SOC compliance, raises a $100M Series B led by Iconiq Growth at a $1B valuation  —  Security and compliance automation platform Drata has raised $100 million in a series B round of funding, valuing the one-year-old company at a cool $1 billion.
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.
Jacob Pramuk / CNBC:
Kevin Roose / New York Times:
The NFT.NYC conference, now in its third year, was a coming-out party for the NFT community, attracting a record 5,000 attendees from artists to corporate suits  —  NFT.NYC, a gathering for nonfungible token enthusiasts, offered a taste of a crypto-filled future.
Matt Burgess / Wired:
A look at the fight between city officials and parents over Stockholm's glitchy app for its schools, as annoyed parents built their own open source version  —  Stockholm's official app was a disaster.  So annoyed parents built their own open source version—ignoring warnings that it might be illegal.
Brian Barrett / Wired:
The FBI and DHS say a drone dangling copper wires tried to disrupt a PA power substation in July 2020, the first drone attack targeting US energy infrastructure  —  An attack attempt in 2020 proves the UAS threat is real—and not enough is being done to stop it.

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Earlier Picks

Christopher Mims / Wall Street Journal:
Catalin Cimpanu / The Record:
Balaji Srinivasan / @balajis: