Infrastructure bill’s crypto tax provisions to be signed into law—and 5 other crypto updates you should know


1. Robinhood’s data breach involved about 7 million customers

Online brokerage Robinhood announced on Monday that a Nov. 3 data breach involved exposure of personal information for about 7 million customers, CNBC reported.

For 5 million of them, email address were accessed. Another 2 million had their full names revealed. For about 310 users, name, date of birth and ZIP code were exposed. About 10 customers had more extensive account details revealed.

Robinhood said it is alerting affected individuals, and noted that based on its investigation, no Social Security numbers, bank account or debit card numbers were exposed.

2. Ripple to launch crypto service for financial companies

3. Tim Cook says he owns cryptocurrency

“I think it’s reasonable to own it as part of a diversified portfolio,” Cook told Andrew Ross Sorkin at The New York Times DealBook conference. “I’m not giving anyone investment advice by the way.”

Cook added that he had been interested in cryptocurrency “for a while,” but clarified that his views are personal and that Apple isn’t accepting cryptocurrency as payment or buying cryptocurrency itself.

4. Coinbase shares drop after third-quarter revenue miss

5. A major upgrade to bitcoin activated

6. President Biden to sign the bipartisan infrastructure bill⁠ into law

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