Law and Order
Bitcoin’s value plummeted 20 percent last night after a major glitch hit trading exchange Mt. Gox. [CNBC]
Google laid the ultimate body slam against Russia’s anti-gay laws as it’s about to kickoff the Winter Olympics. The search giant changed its homepage into a colorful logo with a slam at the IOC for not addressing the problems. [Verge]
The FTC approved Google’s $3.2 billion deal to buy fancy thermostat maker Nest. [Recode]
Here’s an honest version of how those Facebook “Look Back” videos should really look like. [BI]
After being snubbed by Spotify, Tesla inked a deal with Rdio to include the service in its vehicles. [GigaOM]
The alleged creator and owner of now-defunct online drug emporium the Silk Road, Russ Ulbricht, has been indicted by a Manhattan federal court.
Known by his cool guy nickname Dread Pirate Roberts, Mr. Ulbricht was arrested in his hometown of San Francisco on Oct. 1 last year pursuant to a criminal complaint filed in Manhattan federal court.
The Bitcoin magnate who was arrested at JFK earlier this week on charges of money laundering has resigned from his vice chairmanship of the Bitcoin Foundation.
Charlie Shrem, 24, was arrested on charges that he supplied Bitcoins to people purchasing drugs online using the Silk Road. Many speculate that he used his now defunct Read More
Dash goes deeper No, we don’t mean the Kardashian store. We mean the other Dash—the one that lets restaurant and bar patrons pay for their food and drinks through their phones, at designated establishments. The company has just released DASHboard, which they describe as “an iOS app for bartenders and waiters that works in conjunction with Dash—like the back-end app that Uber drivers use.” Using DASHboard, restaurants and bars can learn all sorts of strategically helpful information about their customers, like visit frequency and date of birth, so they can bring you free molten chocolate lava cakes and stuff.
it's all about the bitcoin baby
Two casinos in Las Vegas are beginning to accept Bitcoin in basically everywhere that isn’t the actual casino. The D Casino and the Golden Gate, both located in downtown, announced today that it will accept the digital currency at its front desk, gift shops and buffets — just not on the casino floors.
it's all about the bitcoin baby
Lily Allen has probably turned down a lot of dorks in her day. But she appears to regret at least one such snub, when lots and lots o’ bitcoins were on the line.
“About 5 years ago,” Ms. Allen tweeted on Jan. 5, “someone asked me to stream a gig live on second life for hundreds of thousNds of Bitcoins, ‘as if’ I said #idiot #idiot [all sic].”
WOW WOW WOW
Happy New Year! Did you think maybe in 2014 Internet people would cut the shit and stop hurtling bags of money into a funeral pyre of pretend pop culture currencies like dogecoin? Too bad! Coinye West is a thing now.
In case you still haven’t closed this tab, allow us to explain. You can now get your cryptocurrency, a thing that is allegedly real despite being underlined in red like a typo when you write about it, virtually stamped with Kanye West’s likeness.
Goooood Morning Silicon Alley!
Proponents of meme-inspired digital currency dogecoin did not have a very wow Christmas.
The only person in the world with more free time than the “shibes” actually went to the trouble of hacking Dogewallet and Instadoge, stealing more than Ɖ30,000,000, on Christmas Day.
ALL YOUR MEME ARE BELONG TO US
This is a guest post from Gary Sharma (aka “The Guy with the Red Tie”), founder and CEO of GarysGuide and proud owner of a whole bunch of black suits, white shirts and, at last count, over 40 red ties. You can reach him at gary [at] garysguide.com.
Paul Graham’s recent remarks landed him in hot water. My two cents … Last week Chicago made Computer Science core curriculum in all public high schools & it’ll be first urban district with computer courses for kindergarten to 8th grade. I hope NYC is next! Other programs – Girls Who Code, Black Girls Code, AFSE. Kids coding early is great. I was lucky & got my start at age 11. Having said that, starting / funding a company shouldn’t be about when u started coding (or ur race, gender, nationality). Tech is a meritocracy. Lets keep it that way.
Doge is a meme that has taken the world by storm over the past month or so. It involves placing qualifiers like “so” and “much” before nouns or verbs in nonsensical ways. A Shiba Inu making a funny face also factors in.
It is as addictive as it is lacking in substance. We’re big fans here at Betabeat.