Crypto-mining site NiceHash has a new CEO following hack

Earlier this month, hackers stole $ 63 million from crypto-currency mining site NiceHash, prompting the company’s founders to apologize on Facebook Live and to shut down operations for 24 hours. Now, the company’s co-founder, Marko Kobal, has stepped down as CEO.

The company allows users to offer up their computer’s processing power to help with the calculations needed to create new bitcoins. In a statement on LinkedIn, Kobal says that the company has been working to recover from the hack, and that he will step aside to “allow new management to lead the organization through its next, exciting period of growth.” He will be replaced by Zdravko Poljašević, according to Slovenian newspaper Delo (via Business Insider). Kobal founded the…

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The Verge 2017 tech report card: Apps

The biggest story about apps in 2017 was, well, stories. Snapchat still deserves the credit for coming up with the concept, and Instagram shamelessly ripped it off back in 2016, but this year, everyone got on board. WhatsApp added stories (and then later made them less prominent after users complained). Facebook added stories (and tried to guilt users into using them with digital ghosts of friends.) Medium — a largely text based app — added stories! YouTube added stories! It’s stories all the way down as far as the eye can see.

Of course, there’s a very good reason for all this — stories are popular, and popular places on the internet are ripe for that sweet advertising money.

Aside from stories, though, the past year saw Instagram’s…

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A Chinese space station is falling to Earth next year — but it’s the last thing to worry about

Sometime in late March of next year, a Chinese space station named Tiangong-1 is going to fall back down to Earth — and some big pieces may survive the reentry. The module’s descent has caused a bit of concern about debris raining form the sky. But in reality, a falling space station is the last thing anyone should be worried about.

Satellites and spacecraft fall to Earth all the time. Vehicles in lower orbits get bombarded by small particles in the planet’s upper atmosphere, and that eventually drags them downward. But usually, these falling objects are small enough or shaped in such a way that they’ll burn up safely while re-entering the atmosphere.

The problem with Tiangong-1 is…

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Amazon ordered to stop luring customers based on misspelled searches for Birkenstock

A court in Germany has told Amazon.com that it can no longer use search terms to lure in customers who misspell “Birkenstock,” according to Reuters.

The German sandal maker filed an injunction, complaining that the online retailer had been using variations on its brand name, such as “Brikenstock”, “Birkenstok”, and “Bierkenstock” on Google’s Adwords. Birkenstock alleges that by luring in customers with keywords, it’s potentially selling counterfeit sandals, potentially damaging the company’s reputation. Amazon told Reuters that it works “diligently with vendors, sellers and rights owners to detect and prevent fraudulent products reaching our marketplace.”

Reuters notes that the company has severed ties with amazon in Europe and in the…

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David Bowie’s son is launching an online book club devoted to his father’s favorite reads

Before his death in January 2016, David Bowie was a noted musician, actor, and was a prolific reader. On Twitter, Bowie’s son, Duncan Jones recently said that he has been “feeling a building sense of duty to go on the same literary marathon in tribute” to his late father, and will be holding an online book club based on his father’s favorite books.

Bowie’s website provides a list of his 100 favorite books, and Jones, the director of Moon, Warcraft, and the forthcoming film Mute, said on Twitter that he’ll be starting off with Peter Ackroyd’s 1985 novel Hawksmoor. The novel follows two parallel storylines: one follows an 18th century church builder in London who performs human sacrifices, while the other is about a detective who is…

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