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Swiss Crypto Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed
21.8.2020
The new bitcoin transaction automatically complies with the FATF Travel Rule and will save intermediaries from doing it all manually
Crypto Travel Company Adds VeChain Token as a Payment Method
19.8.2020
Crypto adoption appears to be unstoppable in the tourism sector
Bulgarian Startup Will Pay You Bitcoin When Your Flight Is Delayed
19.8.2020
The Colibra app is providing a means for air travelers delayed for any reason to receive compensation in crypto
Law Firm Sees Crypto Investors Flocking to St. Kitts & Nevis for Dual Citizenship
15.8.2020
This week news.Bitcoin.com spoke with Jennifer Harding Marlin from the St. Kitts & Nevis islands law firm JH Marlin. The business specializes in all types of law practice and citizenship by Investment (immigration) is very popular. Marlin explained that recently, the company is getting...
Travala.com Adds Agoda Hotels, Posts Record July Revenue as Crypto Payments Soar
3.8.2020
The Binance-backed travel agency brought in $400,000 in July, a 100% increase from the month before
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...
Travala Adds 600,000+ Hotels to Their Crypto Booking Platform
3.8.2020
Travala is expanding its crypto-powered offerings thanks to a new partnership
Travel Management Firm CWT Pays Out $4.5M in Bitcoin After Ransomware Attack
3.8.2020
The U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up in a ransomware attack
Hack Forces Travel Company to Pay USD 4.6m in Bitcoin Ransom
3.8.2020
A recent hack of a major travel management firm has reportedly left attackers with USD 4.6m worth of bitcoin (BTC), after the company on July 28 was forced to pay to restore access to internal files, Reuters reported, citing a record of the ransom negotiations.
The attack targeted up to 30,0000...
Where FATF Crypto Compliance Gets Interesting: Africa
3.8.2020
Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards
Travel Management Company CWT Pays $4.5M Bitcoin to Hackers
3.8.2020
Ransomware hackers initially demanded $10 million to restore access to travel firm CWT’s computers and delete any stolen data
Big Travel Firm CWT Pays $4.5 Million Bitcoin Ransom to Hackers
2.8.2020
CWT, one of the biggest travel companies in the U.S., this week paid $4.5 million in bitcoin to hackers who infiltrated the firm’s computer system, stealing sensitive corporate data. It is unclear whether customer information was also compromised. Reuters reported that the bitcoin wallet...
Swipe Visa Card Adds Crypto Travel Booking Site’s AVA Token
24.7.2020
Travala.com’s native token AVA will now be added to the Swipe wallet service and Visa card platform — making it spendable at 60 million merchants worldwide
How One Firm Is Addressing the Interoperability Problem Posed by FATF’s Travel Rule
23.7.2020
Crypto companies building solutions to the FATF "Travel Rule" may be creating a new interoperability problem. Netki is offering a fix
CoolBitX Partnering with Elliptic to Address FATF’s Travel Rule
21.7.2020
CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule
Crypto Travel Firm's Bookings Skyrocket 68% Following Expedia Partnership
15.7.2020
According to Travala.com CEO Juan Otero, the firm’s booking revenue increased by 75% in two weeks after partnering with Expedia
Shyft Debuts ‘Decentralized Version of SWIFT’ for FATF Travel Rule
14.7.2020
Shyft Network says 30+ exchanges are testing its blockchain-based solution to help cryptocurrency companies comply with the FATF Travel Rule
BitGo Says Its Wallet Will Help Exchanges Comply with FATF Travel Rule
14.7.2020
Mike Belshe, CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg
Major crypto services provider BitGo said it has enabled API support for exchange clients aiming to achieve compliance with the Financial Action Task Force (FATF)’s Travel Rule.
As previously reported, the Travel Rule...
BitGo Looks to Rally Exchange Clients Around FATF Travel Rule Product
14.7.2020
BitGo has joined the pack of solution providers attempting to bring crypto in line with FATF anti-money laundering standards
BitGo Releases Crypto Wallet Compliance Tool for FATF's Travel Rule
14.7.2020
Major digital asset firm BitGo announces API support for the Financial Action Task Force’s travel rule