Off the block: IBM joins Hedera Hashgraph governing council — Crypto Briefing

The tech giant is now joining Hedera’s Governing Council, along with Tata Communications and a growing cast of council members, writes Darren Kleine. Here is the link:

Walmart could be looking to rival Facebook’s Libra with a USD-pegged stablecoin issuance, patent...

Retail giant Walmart could be working on issuing a fiat-backed digital currency, similar to Facebook’s Libra cryptocurrency, according to a new patent filing, writes Yogita Khatri. Here is the link:

Facebook’s Libra cryptocurrency ‘poses risks to global banking’ — The Guardian

Move could affect competition and data privacy, warns Bank for International Settlements, writes Phillip Inman and Angela Monaghan. Here is the link:

Florida city gives in to $600,000 bitcoin ransomware demand — Engadget

Riviera Beach, a city in Florida, is set to pay hackers $600,000 in bitcoin with the hope of having its systems restored, writes Kris Holt. Here is the link:

Spanish utility company Naturgy signs hybrid cloud services agreement with IBM

Spain-based Naturgy, a supplier of gas and electricity, serving more than 18-million customers in more than 30 countries, has inked a ten-year agreement with IBM to help implement a hybrid cloud strategy.

Are digital tokens securities? The SEC’s Kik Interactive lawsuit may clarify cryptocurrency rules —...

The U.S. Securities and Exchange Commission sued Kik Interactive for illegally raising $100 million, according to a Fortune story. Here is the link:

Ocean carriers CMA CGM, MSC join IBM and Maersk’s blockchain digital shipping platform

CMA CGM and MSC Mediterranean Shipping Company (MSC) are joining TradeLens, a blockchain-enabled digital shipping platform, jointly developed by Maersk and IBM.

Indonesia testing blockchain for agricultural commodities bidding

Singaporean blockchain company PLMP Fintech has signed an MoU with the Agency for Free Trade Zone and Free Port of Batam, and Indonesian firm Central Distribusi Batam.

ThunderCore raises $50M

Sunnyvale, California-based ThunderCore, has raised $50 million.

Once hailed as unhackable, blockchains are now getting hacked — MIT Technology Review

More and more security holes are appearing in cryptocurrency and smart contract platforms, writes Mike Orcutt. Here is the link:

Digital exchange loses $137 million as founder takes passwords to the grave — Ars...

A cryptocurrency exchange in Canada has lost control of at least $137 million of its customers’ assets following the sudden death of its founder, writes Dan Goodin. Here is the link:

Symbiont closes $20M has closed a $20 million Series B funding round.

Bitcoin’s epic plunge continues — CNN

Bitcoin is at a 15-month low, writes Paul R. La Monica. Here is the link:

Algorand raises $62M

Boston-based blockchain startup Algorand has closed a $62 million equity investment round.

Zaif cryptocurrency exchange loses $60 million in recent hack — ZDNet

Japanese cryptocurrency exchange Zaif has lost $60 million worth of company and user funds, writes Catalin Cimpanu. Here is the link: