Cryptocurrency Implosion Continues with BlockFi Bankruptcy

The fallout from cryptocurrency exchange FTX’s implosion continues, as BlockFi becomes the latest crypto lender to file for Chapter 11 bankruptcy protection, in the wake of similar moves by Voyager and Celsius. BlockFi, which was to have been acquired by FTX, filed in U.S. Bankruptcy Court for the District of New Jersey indicating more than 100,000 creditors, and liabilities combined with assets that range from $1 billion to $10 billion. An outstanding loan to Sam Bankman-Fried’s bankrupt American division FTX US for $275 million was among the liabilities. Continue reading Cryptocurrency Implosion Continues with BlockFi Bankruptcy

NFL to Launch Game Pass for Apple TV and Xbox This Month

The NFL announced that a new version of its Game Pass service will be released on July 31 to a variety of different devices, including Apple TV and Xbox game consoles. NFL Game Pass will replace NFL Game Rewind, and will include access to preseason games, all 256 regular season games, and access to archived games. The service will also include new features for accessing a range of content. Game Pass does not include live regular season, playoff, and Super Bowl broadcasts; games will be available to watch once they have aired on television. Continue reading NFL to Launch Game Pass for Apple TV and Xbox This Month