Gnosis Pay disclosed on November 6 that it detected unauthorized access to a legacy card system three days earlier. The crypto market news concerns customer data on the system behind Gnosis Pay-branded cards. The company says funds were unaffected and that it contacted affected customers individually about what was exposed.
A supplier can invoice in fiat even when the customer gets paid in crypto. Remittix built PayFi around that mismatch. Public Earn addresses the other side of the invoice cycle. Once the customer has set aside money for the payment, they can see what the remaining balance might earn on a live option.
Crypto Market News: What Gnosis Pay Disclosed About the Card Data Breach
In its November 6 disclosure, Gnosis Pay said it began containment within two hours of detecting the intrusion. It subsequently replaced affected credentials and addressed the vulnerability.
The company identified the affected system as the one powering its branded cards. It said the enterprise platform for white-label programs was outside the breach’s scope. The legacy system was already due to be retired on December 20, and Gnosis Pay said the added verification and monitoring would stay in place until then.
Gnosis Pay said it increased monitoring and made 3D Secure verification mandatory for online card payments while the legacy system remains in use. It also said it was coordinating with its card issuer and applicable data protection authorities.
For customers, the company’s individual notice explains which information was exposed. Its public guidance directs people to open the official app directly when checking an unexpected message about their account or card.
Remittix Earn Fits the Part of a Crypto Invoice You Keep
A consultant gets paid in stablecoins and owes a supplier in fiat. With Remittix PayFi, the consultant can fund a supported transfer in crypto while the supplier gets money in a bank account. The consultant may also have a balance available after expenses are covered. That is where Earn becomes a second, separate service.
Say that remaining balance is $50,000. At a constant 21.4% APY with rewards reinvested, a qualifying position would earn $10,700 over one year. The higher advertised rate applies to eligible RTX holders on qualifying options. At the standard ceiling of 17.4% APY, the same one-year illustration would be $8,700.
The consultant can open Remittix Earn and compare the terms for the asset they hold. Public options support ETH, USDT and USDC, and Aave, Morpho, Fluid and Maple Finance pools are live. Supported options offer weekly payouts, a schedule the customer can review alongside the dates they expect to pay bills and the terms for accessing the deposit.
A new invoice can bring that decision back the following month. If expenses change, the consultant can assess how much to transfer and what they are comfortable keeping. The iOS wallet is part of the same project, giving users an additional service for managing the balances behind those decisions. Knowing when the next supplier invoice is due lets the consultant make that choice with an actual date and amount in mind.
A Second Use for Each Payment Can Grow the Audience for RTX
Remittix has a chance to reach customers through the work they already do. A consultant who sends fiat to a supplier can come back to check Earn for a balance they keep between invoices. On a qualifying position, the higher RTX tier has a dollar value they can work out before deciding whether to pursue eligibility. That gives the token a place in a genuine business decision.
The $1.7 million in TVL reached in five testing days gives Earn a starting point. Public access puts the product in front of more holders who can use it on their own schedule. If Remittix becomes a regular place to handle both outgoing payments and retained balances, it can reach the same customer more often and give RTX more opportunities to matter.
Compare public Earn terms between payments.
Website: https://remittixpresale.io
Earn: https://remittixearn.io
X: https://x.com/remittix
Frequently Asked Questions
What did Gnosis Pay disclose in the latest crypto market news? It reported unauthorized access detected November 3 in the legacy system powering Gnosis Pay-branded cards.
Which crypto assets does Remittix Earn accept? The public platform supports ETH, USDT and USDC, with weekly payouts on supported options.
How does RTX affect the advertised Earn rate? Eligible RTX holders can access up to 21.4% APY on qualifying options.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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