CurrentC Has Been Hacked ➝

Sarah Perez, writing for TechCrunch:

Within the last 36 hours, MCX says it learned that unauthorized third parties obtained the email addresses of some of its CurrentC pilot program participants and other individuals who had expressed interest in the app.

The group has now notified its merchant partners about the incident and is communicating directly with those individuals whose email addresses were involved, a company spokesperson tells us.

It’s never a good sign when their’s a data leak this early on in a payment system’s life. This is the first example of why CurrentC is destined to fail.