Regained popularity thanks to Gary Busey in the movie "Beyond the Ring"

A cool way of saying whats happening or what is going on. Can also be used as a greeting. First used by Sideburns 2003.

a cool way of saying "whats happening"

An alteration of the phrase, "what's happening?"

Its earliest usage dates back to 1992 when Ice Cube (best known for his lead acting role in "Are We Done Yet?") inquired eloquently about the occurrence of a game of craps.

.. I had a friend in high school who would say this .. short for "What's happening?" .. saves one syllable and creates a noun .. actually it's use goes back to Shakespeare .. Hamlet at Ham IV.iii.70 "Howe'er my haps, my joys were ne'er begun."