It's All About the Bitcoins

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Department of Homeland Security Shuts Down Dwolla Payments to and From Mt. Gox

Update: Warrant Reveals Homeland Security Seized Mt. Gox’s Dwolla Account for ‘Unlicensed Money Transmitting’

The Department of Homeland Security appears to have shut down the ability to use Dwolla, a mobile payment service, to withdraw and deposit money into Mt. Gox, a Bitcoin trading platform. A Dwolla representative confirmed the move to Betabeat. Chris Coyne, cofounder of OKCupid, posted a screenshot of an email he received from Dwolla, stating that due to recent orders from the Department of Homeland Security, Dwolla cannot complete the bank transfer to Mt. Gox. Read More

Off the Media

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The Jenna Marbles Paradox: Why Are YouTube Videos So Terrible?

It’s been nearly seven years since YouTube first launched its “Partners Program,” a platform for YouTube creators that gives them a portion of revenue made on their videos, and nearly two years since Google invested more than $100M in YouTube content producers. Despite this financial influx, the quality of content on YouTube has stagnated somewhere between “awful” and “downright terrible.”

Call it the Jenna Marbles paradox, after the top YouTuber profiled in the New York Times earlier this year who, after more than one billion views and millions earned in ad revenue, still makes some of the most amateur videos you can imagine. As she put it, she makes “more money than I need, ever” and yet, if you had no idea who she was and watched one of her million-views-plus videos, you’d think this was the first time she’d ever turned on a video camera.

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Planet GOOG

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Dour Germans Disapprove of Insulting Autocomplete Results

Good news if you’re a) still dodging rumors about the massive piles of cocaine you did in college and b) German. Bloomberg News says a German high court has ruled that Google is responsible for anything libelous that might pop up in autocomplete.

“The search additions affect the plaintiff’s privacy rights as they convey the statement that there is a relationship between the plaintiff and the negative words,” the court ruled.

This is going to add, like, 15 minutes of work for Berliners trying to screen cult leaders and shady apartment brokers. Read More

Sponsored by FedEx

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The Pitch Season 2, Episode Eight: Instreamia – Language Learning Made Easy

Moshi Moshi! Time to learn a new language, perhaps? Cofounders and brothers Scott and Ryan Rapp want you to parler francais (or Japanese or Spanish or Portugese) using their online language-learning platform, Instreamia. The educational app uses online videos to create contextualized teaching moments. So while you crank up Shakira or geek out to an online lecture, Instreamia will follow along with you to make sure you understand all the subtle nuances of the lyrics or prose. Unlike other language learning platforms, Instreamia utilizes technology to customize the learning experience and offer students interaction with teachers.

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It's Zuck's World We're Just Living In It

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Facebook Talked a Professor Into Helping Build a Better Emoticon

Heedlessly disregarding the bad luck of looking anything like MySpace, Facebook recently added the option of emoticons for status updates. But, according to Popular Science, the social network couldn’t simply use the same smiley faces that’ve done the Internet perfectly good for more than a decade. No, besides the old standbys you’ll have the option of expressing your feelings with a custom-designed, “compassion-research-based set of emoticons.”

Hey, we’re willing to try anything that’ll keep drama out of our News Feed. Read More

New Drone City

Scary drone. (Photo: Flickr/Don McCullough)

Seattle Man Hovers Drone Over a Family’s House for ‘Research’

A Seattle man ascended to a new level of creepiness recently when he flew a drone just a “few feet away” from a family’s home and defended his right to do so because he was flying it in the air, and thus not trespassing. He also claimed it was for research. The camera-equipped device emitted a loud noise, similar to that of a weed-whacker, which caught the attention of a woman inside.

She told Capitol Hill Seattle Blog that she saw the man on the sidewalk controlling the device near a third-story window in the eastern neighborhood. Her husband approached the man, who was standing on the sidewalk, and told him to desist from being creepy. The man told him that he was doing “research” and the camera was transmitting the images to his glasses. They called the police, but they didn’t show up since Inspector Gadget had already left. Read More