Crypto
Walmart could be looking to rival Facebook’s Libra with a USD-pegged stablecoin issuance, patent filing shows — The Block
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...
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: https://www.theguardian.com/technology/2019/jun/23/facebook-libra-cryptocurrency-poses-risks-to-global-banking
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...
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 — Fortune
The U.S. Securities and Exchange Commission sued Kik Interactive for illegally raising $100 million, according to a Fortune story.
Here is the link: http://fortune.com/2019/06/04/sec-kik-interactive-lawsuit/