Based Visa Card: Security Incident Update On 5 October 2026, we were alerted that an unauthorised party has gained access to an internal dashboard used to manage the Based Visa Card program. The attack was swiftly stopped and contained as soon as it was discovered. KYC data collected by our card issuer for some cardholders, including name, ID or passport number, date of birth and address, may have been obtained by the attacker. What was NOT affected: - Card numbers, CVV and PIN - Photographs of IDs and liveness check images - Based Wallet, which was used for trading - Funds on the Based Visa Card. Your funds are safe and Visa cards continue to work as normal. Affected cardholders have been notified by email today, and relevant authorities have been informed. What can you do next? If you are one of the affected users, assume that the data is compromised. Be careful of impersonation attempts from anyone who possesses that information. Sophisticated attackers may use this information to perform social engineering attacks. Also, support for Based Visa Card is only done on the in-app support chat, and no team members will DM you on Telegram or X for account servicing purposes. For security reasons, comments on this tweet is disabled on purpose. We are sorry about this incident, and we are working closely with our card service provider to tighten access controls and enhance monitoring.

Our @BasedOneX Visa card services remain operational, safe, and unaffected by the recent incident. We are not using Rain to issue cards today. Our card infrastructure was built by our team and has been running for three years. We reviewed our systems and are not affected by the same issue.

LATEST: @MoneyGram launches a $USDC-powered @Visa card letting customers spend stablecoins anywhere Visa is accepted, launching first in Colombia with physical card and ATM withdrawals to follow later this year.

Did you know you can order a physical X Visa card? Mine just arrived and it’s surprisingly heavy. It’s made of metal, very different from a regular plastic card I also love that it has my X handle printed right on the card And it was completely free… I just ordered it from the X app and it showed up at my door.

🚨 Ep. 100 of @TokenizedPod: Visa Stablecoin Settlement Hits $20BN - Up 15X @PetBerisha is joined by: - @Elise_X_Digital, Former Regulator, Policy & Regulatory Specialist - @cyril_mathew, Co-Founder & CEO, @rtp - @mattgmarcus, Co-Founder & CEO, @ModernTreasury To discuss: 🚀 @ModernTreasury Treasury launches noncustodial stablecoin wallets with fiat rails - Latitude raises $35 million to connect stablecoins with local rails - OpenFX provides onchain FX liquidity for cheaper stablecoin payouts - MoneyGram launches stablecoin linked Visa card and cash off ramps -@RobinhoodApp expands prediction markets and its fast growing blockchain ecosystem -Prediction markets and global regulation *** Timestamps: 00:00 Introduction 03:00 Modern Treasury launches noncustodial stablecoin wallets with fiat rails 05:13 Stablecoin agnosticism and likely consolidation among leading stablecoins 08:00 Business stablecoin demand across products, liquidity and payment infrastructure 10:11 Dollar denominated stablecoins, dollarization and global monetary sovereignty 13:28 Latitude raises $35 million to connect stablecoins with local rails 18:19 Regulation first stablecoin infrastructure and Latitude’s global licensing strategy 20:28 Stablecoins reducing cross border payment fragmentation and last mile complexity 23:23 OpenFX provides onchain FX liquidity for cheaper stablecoin payouts 27:52 MoneyGram launches stablecoin linked Visa card and cash off ramps 37:36 Robinhood expands prediction markets and its fast growing blockchain ecosystem 51:48 Prediction markets and global regulation *** 👉𝘚𝘦𝘢𝘳𝘤𝘩 '𝘛𝘰𝘬𝘦𝘯𝘪𝘻𝘦𝘥 𝘗𝘰𝘥𝘤𝘢𝘴𝘵' 𝘖𝘯 𝘠𝘰𝘶𝘛𝘶𝘣𝘦. 𝘈𝘱𝘱𝘭𝘦, 𝘚𝘱𝘰𝘵𝘪𝘧𝘺 𝘰𝘳 𝘢𝘯𝘺 𝘗𝘰𝘥𝘤𝘢𝘴𝘵 𝘗𝘭𝘢𝘺𝘦𝘳! 👈

NEW: @MoneyGram launched the MoneyGram Card in Colombia. The MoneyGram Card is a stablecoin-backed Visa card that lets customers spend from their balance via Apple or Google Pay, built with @Rain on @StellarOrg. When we spoke with MoneyGram CEO @AnthonySoohoo on @_TalkingTokens in June, he described why LATAM was a natural fit: "You have consumers in some LATAM countries right now where they're converting their local fiat currency to try to buy US dollar. They're actually naturally doing it in the real world, and now it's doing it in a way where you don't have to carry the physical asset, but it's managed digitally and it's much more portable."

Cash users spent a record $31.73 million on the self-custodial Visa card in one week, per Chainspect, and September spend reached $123.7 million as @ether_fi's $ETHFI ecosystem grows. Full BSCN Daily episode: