technology

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Yogi Berra's famous quote – "Nobody goes there anymore, it's too crowded" – has never really applied to Austin's South by Southwest festival.

Yes, there are crowds galore. But people keep coming: in 2012, the number of registrants increased by 15 percent over the previous year.

But now an Austin-based ad agency has developed an app for locals who might be looking to avoid the SXSW masses. It lets you know where people aren’t.

flickr.com/aandres

According to published reports, for the first time in four years Venezuela is set to send an ambassador to the US. This comes despite the fact that Venezuela's president is accusing Washington of fomenting violent anti-government protests – protests that have left more than a dozen people dead. 

Just last week, Venezuela expelled three US diplomats accused of conspiring with student protesters, a charge rejected by the Obama Administration. But that's not to say there's been no Texas role – albeit an unofficial one.  

"The website of major bitcoin exchange Mt. Gox was offline Tuesday amid reports it suffered a debilitating theft, a new setback for efforts to gain legitimacy for the virtual currency," The Associated Press reports.

Also Tuesday, all the posts had been erased from the Mt. Gox Twitter account.

With digital cameras and camera phones everywhere, there are few moments we don't document. But some designers still think we're missing the opportunity to capture some important, simple moments. The solution: the Narrative Clip, a wearable camera that automatically and silently snaps an image every 30 seconds.

Kelly Krupa/KUT

The first cash-dispensing Bitcoin ATM machine in the U.S. launched today, and it’s right here in Austin.

Bitcoin is a form of digital currency that was first developed in 2009; it is a peer-to-peer payment system that operates outside of a central authority or bank. As previously reported by KUT, Bitcoin was created for and traditionally used as a web-based currency, but some are attempting to move the currency offline.

The new Bitcoin ATM represents a big step in the process of trying to brand Bitcoin as a more “mainstream” form of currency.

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