Tag Archives: travelex

It’s happened again, folks. Another cryptocurrency exchange theft is in the books. This time, the victim is Bisq, a trading platform that has temporarily ceased all its trading services thanks to a theft that has cost users at least $250,000 in digital funds.Bisq Customers Have Been RobbedCrypto exchanges are nothing new, but it is surprising how often they occur given how many advancements we’ve made in terms of security. Arguably two of the biggest crypto exchange thefts that have ever...

It’s happened again, folks. Another bitcoin ransomware attack has occurred, only this time, it appears the victimized company – in this case foreign exchange venture Travelex – had no other choice but to pay what the hackers were asking for.The Latest Bitcoin Ransomware Attack in the BooksThe event took place in early 2020, and executives have allegedly paid the hackers as many as 285 bitcoins as a means of getting their network and respective data back. It’s a scary thought that something so...

Samsung Electronics America has officially announced that it will collaborate with the fintech firm, Finablr. The partnership aims to launch an international money transfer service that will operate through the Samsung Pay app. The service currently targets US users and Finablr’s subsidiary Travelex powers it.Official information shows that Finablr is a listed partner of Ripple in London. Nonetheless, this deal with Samsung has no involvement from Ripple or XRP. An official announcement...