Revolut Ltd

And so who does that really well cast or rags from the cast percent? Like, who can you point to that? You're like, Dan, like they've done a damn good job.

I think globally, like, obviously like this, it's, it's obvious why Revolut and NewBank have done well to win.

But they're regional, right? They're in their regions.

Like you're very dominant in Europe for NewBank, very dominant in Latin America.

Sorry, very dominant in Europe for Revolut and very dominant in Latin America for NewBank.

But I don't think, the reason I built Castle and wasn't afraid of these companies was because my thesis is that the dollar is global and people are moving money globally.

And there's a new audience of people who are global first, they're internet native, they're building solopreneurs and people building businesses online.

Top story number two.

Revolut has disclosed a data breach after a fraudulent government email passed its security checks, allowing an attacker to gain access to customer know-your-customer data.

The exposed information included names, contact details, images of identity documents, and account data for a portion of affected users, while payment details and passwords were not compromised.

The incident matters because it shows how social engineering against trusted business processes can bypass controls and put regulated customer data at risk.

So I see here you have two euro for half a dozen, four euro for a dozen.

It's coins, cash or Revolut.

And you put in your code, your Revolut code, and you send the money to my mam.

Fantastic.

Could you describe what we're looking at around here, around the Honesty Box?

All this basic stuff.

There's no reason whatsoever why that should be harder than sending money on Revolut.

Why it should be harder than ordering something from Amazon.

If we think about it, incorporating a company is basically just adding one row in a database in a registry raising around is just changing a couple of variables in that same row in the database so from first principles like there's no reason whatsoever why this should cost more than 10 cents and take like two milliseconds you know what i mean so that is the ideal case now And that's like where Ewing is shooting for.

So, Jeff, this drives me crazy when I see this.

So Coin Bureau put out an article saying alert Revolut falls for a fake government request, exposing sensitive personal information of customers in a very disturbing data breach.

Revolut, huge Revolut, okay, disclosed that it complied with a fraudulent government request using a spoofed official email.

And guys, I talk about this all the time.

You can spoof emails.

You can spoof emails.

so it was a spoofed email they didn't do any backup checking on this and exposed uh pi personal information you know this is belonging to a group of customers the leaked data reportedly includes passports and driving license verification selfies the names you know like when you when you do your crypto thing you got to take pictures so what do you think a hacker can do with a photo of you with your driver license your your your passport information your full name your date of birth your occupations that's like keys to hacking right you don't even need to do i mean they can go almost anywhere and and trick systems they can go set up a fake account in your name your your photo image they can hack the crap out of you now this is a major uh company like revolut in exchange um IBANs, account statements, full transcription, including your Bitcoin activity.

Now they're gonna get access to what? Are they gonna know where your wallets are? Are they gonna be able to dox you over there? Are they gonna go after your funds? This is the downside of, now you might not have your crypto stored with Revolut.

Stablecoin supply has stayed largely flat slipping less than 1% over seven days, which means there isn't a fresh wave of cash sitting on the sidelines ready to bid up dips.

On the custodial side, Revolut mistakenly handed user passport and transaction records over to a fake government request, highlighting the real data privacy risks that centralized platforms face.

The takeaway across all three signals is that buyers remain cautious while liquidity stays flat, that defensive posture flips if stablecoin supply expands for three consecutive days and sentiment climbs back above 70. looking at the key events to track over the next seven days.

First, on September 15th, the Senate faces a key cloture vote on the Clarity Act, which could establish strict registration timelines for semi-centralized protocols.

That's quite a chunk of change.

Did you see, boys and girls, that Revolut won their conditional US banking license? Did you see that?

Yes.

That's kind of cool.

So I would say if you're going to be using a card abroad, do check all those things because some companies charge you to use it.

Some people, like a lot of people will talk about Revolut, but I think Revolut is one of these really interesting ones because it's something like you can transfer your money into dollars for free on weekdays, but they charge on weekends.

It's all like weird little rules.

So before committing to...