Anyone holding Bitcoins—or pretty much any cryptocurrency, really—has taken a substantial hit in the last few months, with the exchange rate of dollars to Bitcoins dropping from a high of around $1200 last November to around $550 today. But it's possible that those whose Bitcoins were parked at the long-troubled Mt. Gox exchange have suffered a near-wipeout, or even a total one, in what may have been the catastrophic theft of some 744,000 Bitcoin from that exchange.
Mt. Gox was the first big Bitcoin exchange; as such it attracted the most attention, the most traffic, and the most trouble. It was hacked repeatedly because, at one time, it was [...]
When the history of the web is written, the final word will obviously belong to Reddit. What else will be left?
And: what will we remember of a network of blogs called "Gawker Media"? Here is the collected wisdom on the topic of Gawker from Reddit over the years, in the words of Redditors themselves.
WHAT WAS GAWKER
Do you guys even remember how Gawker got started? The original website was called gawker stalker and it was supposed to be a TMZ type of site that would provide the location and info of celebrities in NYC. The foundation of the brand was started by a celebrity stalker. [...]
1. Which do you find more exciting during a storm—the lightning or the thunder?
2. Would you be able to live alone if you were the last person on this earth?
3. If all of the possibilities were in place, would you eat the fish half of a mermaid?
4. Does violent punishment actually solve anything?
5. If you were to live in an isolated area, what would you want to have?
6. What is the shortest time you've gone from meeting someone to making up a story about having sex with them?
7. Do you tend to have many short-term relationships but never any meaningful long-term ones?
8. What [...]
Yakkin' About The Internet is an ongoing series by Whitney Phillips and Kate Miltner. Whitney recently completed her PhD dissertation on trolls; Kate wrote her Masters thesis on LOLCats—yep! Up for discussion today: William Shatner's visit to Reddit, community moderation, and the complexities of "free speech" on the internet.
Whitney: Two weeks ago, William Shatner tweeted with Chris Hadfield, an astronaut stationed at the International Space Station. This resulted in the ENTIRE INTERNET BEING WON by Shatner, at least according to this Reddit thread. Apparently the 81-year-old Shatner got wind of the thread, and promptly created an account. He then proceeded to spend the next [...]
The internet hive mind is scary. Geeks operating together as one Voltron-like force of good or evil is an intimidating kind of deal—and leaving the house, for some Internet people, is equally scary. But getting drunk and hanging out with members of the hive mind isn't actually that bad! Saturday was World Reddit Meetup day, and, to observe, members of the Internet forum Reddit—a wholly owned subsidiary of Condé Nast Digital!—met up at 160 or so locations around the world, including d.b.a. in the East Village.
As cover, I went with my friend Nicole—she's an actual Redditor. We were met by the event's organizer, a burly New Jersey [...]