If you don't know what the Million Dollar Homepage is, well Alex Tew, a 20yr old college kid in Britian want to make some extra cash so he sold 1 million pixels of advertising space on his website for $1 each.  At a 100 pixel minimum, the site sold out ridiculously fast.  The last 1,000 Pixel were auctioned off on ebay for over $38,000.
    Some jealous hackers hijacked his website the other day, and by e-mail demanded $50,000 or they where going to crash his site.  Alex originally got threats in early January for $5000, but he thought it was a joke.  It wasn't until Alex sold the last 1,000 pixel on ebay, the hackers got serious and hijacked the site.  The website is currently running with sereval security upgrades and the FBI are in an investigation on the identity of the hackers.
News.FT - Million Dollar Homepage