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” “Negligent Inaction: Discord Fails to Address Server’s Orchestrated and Expensive Mastodon Spam Offense”

Discord Gas
Over the weekend, hackers targeted federated social networks like Mastodon to carry out ongoing spam attacks that were organized on Discord, and conducted using Discord applications. But Discord has yet to remove the server where the attacks are facilitated, and Mastodon community leaders have been unable to reach anyone at the company. She told TechCrunch that while Discord has mechanisms for reporting individual users or messages, it lacks a clear way to report whole servers. And as Smith notes, these mass spam attacks can drive up server costs, leaving admins with unexpected bills. According to reports on Mastodon, this fully-automated attack was sparked by a conflict between teenagers on two different Japanese language Discord servers.

Expensive Seed Deals Were Rare in the Underwhelming 2023 Venture Capital Market

Nsussman Techcrunch Exchange V3 Rd
Hopes that it would become easier for startups to raise capital in 2023 were left unmet as the year ended. The Exchange explores startups, markets and money. New data from business database PitchBook paints a modestly dim picture of venture capital investment activity in the fourth quarter of 2023. Per PitchBook’s preliminary count, startups in the U.S. raised 2,879 rounds worth about $37.5 billion in the fourth quarter — the lowest quarterly deal value since Q3 2019, and the lowest deal count since Q4 2017. Across stages, venture capital investment activity in the United States is flagging, and this extends past aggregate figures — for example, we saw less total capital invested in U.S. startups last year than in 2020.