Adrian Chen

  • Feds Seize Assets Of World’s Largest Bitcoin Exchange

    The problems keep coming for Mt. Gox, the world’s biggest Bitcoin exchange. Just days after Gawker revealed a key business partnership had devolved into a $US70 million lawsuit, the Department of Homeland Security seized a payment processing account belonging to the company, alleging it lied on financial documents.

  • Extremely-Hyped Startup Fails To Live Up To Extreme Hype

    Months before a grilled cheese sandwich raised $US10 million in funding, the iPhone app Color was the tech bubble doomsayer’s startup of choice. The company raised a staggering $US41 million in funding for a non-existent photo-sharing service nobody really understood. So, where is it now? Take a guess.