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Crypto Twitter labels Senator Warren ‘tone deaf’ on crypto audits amid SVB meltdown
United States Senator Elizabeth Warren’s latest tweet about “sham crypto audits” and holding auditors “accountable” has caused a furor among the Twitter crypto community. дальше »
2023-3-11 17:22 | |
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United States lawmakers call for accountability from crypto auditors
U.S. Senators Elizabeth Warren and Ron Wyden are calling for more accountability from crypto auditors. The lawmakers are alleging that the sham audits by crypto auditors are responsible for theThe post United States lawmakers call for accountability from crypto auditors appeared first on AMBCrypto. дальше »
2023-3-11 17:00 | |
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Revolut Posts 33% Increase in Revenues, but Auditor Raises Questions
Revolut increased its revenue by 33% last year, riding the crypto wave. But the auditors are concerned about the 2021 revenue reports. The post Revolut Posts 33% Increase in Revenues, but Auditor Raises Questions appeared first on BeInCrypto. дальше »
2023-3-2 20:00 | |
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Crypto Auditors Come Under SEC Scrutiny
The US Securities and Exchange Commission is increasingly scrutinizing audits performed for cryptocurrency companies, with concerns over their legitimacy. The post Crypto Auditors Come Under SEC Scrutiny appeared first on BeInCrypto. дальше »
2022-12-23 02:00 | |
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Building Trust in Crypto: The Challenges of Auditing Digital Assets
The audit process in the cryptocurrency industry has proven to be more challenging due to the lack of experienced auditors with specialized expertise. Both auditors and crypto companies must invest in education and training to ensure the reliability of crypto audits, which play a crucial role in building trust and confidence in a company's operations and financial health. дальше »
2022-12-18 17:12 | |
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Binance Gets Another Reserves Report, Auditors Ditch Crypto
Despite the recent controversy surrounding FTX, consumers are still in need of independent verification of reserves. The demand for this type of verification has increased significantly since the collapse of FTX, underscoring the importance of ensuring the reliability and stability of financial institutions. дальше »
2022-12-18 11:54 | |
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FTX Fall Puts Auditors in the Spotlight as Crypto Fraud Numbers Climb
The collapse of FTX and increasing incidents of fraud are forcing auditors to make harder choices concerning crypto companies. The post FTX Fall Puts Auditors in the Spotlight as Crypto Fraud Numbers Climb appeared first on BeInCrypto. дальше »
2022-11-29 20:30 | |
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FTX knowingly did financial foul play, insider source reveals
Former CEO of FTX, Sam Bankman-Fried, reportedly conducted unlawful financial activities with clients’ funds, according to new information that has surfaced via a Twitter thread by Yung Dot, a former FTX employee. дальше »
2022-11-15 19:30 | |
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Solana назвали причину кражи криптовалюты
Работники компании Solana Foundation возложили вину за кражу криптовалюты Solana (SOL) на создателей мобильного кошелька Slope. After an investigation by developers, ecosystem teams, and security auditors, it appears affected addresses were at one point created, imported, or used in Slope mobile wallet applications. дальше »
2022-8-4 11:58 | |
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EuroSwap EDEX prepares to join Coinmarketcap Calendars list
Coinmarketcap has long established itself as one of the most reliable mass auditors of crypto projects. The average investor has a 50% chance of investing in a good project: lucky or unlucky. If a newThe post EuroSwap EDEX prepares to join Coinmarketcap Calendars list appeared first on AMBCrypto. дальше »
2021-12-27 16:00 | |
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Crypto Custodian Hits Regulation Milestone; Anchorage Receives a SOC 1 Type 1 Attestation Report from Ernest & Young (EY)
Anchorage, the U. S domiciled crypto custodian, announced that it had obtained a SOC 1 Type 1 report having completed an assessment. This audit was done by Ernest & Young (EY), one of the big four auditors in the world. дальше »
2020-11-12 23:11 | |
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Survey Suggest 40% of Yield Farmers Can’t Read Smart Contracts; Still Pulling 500% Returns
A recent survey from Coingecko revealed that almost half of the DeFi yield farmers couldn't read the smart contracts of the project they join. A majority of these yield farmers depend on auditors to monitor the security aspects of the project. дальше »
2020-9-23 00:19 | |
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The Big Four Are Gearing Up to Become Crypto and Blockchain Auditors
Professional service giants like the Big Four are innovating in the blockchain and crypto space. Is it enough to make an impact?
дальше »2020-5-29 19:00 | |
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Bug Reveals ProgPoW More Asics Friendly Than Current Ethereum Algo
“Least Authority [auditors] didn’t catch this; Bob Rao didn’t; IfDefElse [which proposed ProgPoW] didn’t; [researcher] solardiz didn’t, etc. This is a novel method relying on applying BTC’s ability to increment. дальше »
2020-3-7 19:59 | |
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Potential Crypto Tax Cuts Could Boost Singapore Businesses
Coinspeaker Potential Crypto Tax Cuts Could Boost Singapore BusinessesMultinational professional services firm and one of the ‘Big Four’ auditors, PwC, praises Singapore’s move to exempt cryptocurrencies and digital tokens from sales tax when used to pay for goods and services. дальше »
2019-7-30 11:56 | |
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US Traders Beware: IRS Prepares Notices after Identifying Crypto Tax Evaders
By CCN Markets: U. S. citizens who have failed to report their income from crypto transactions or underreported such income now have every reason to worry. According to Bloomberg, the Internal Revenue Service has identified a couple of taxpayers who underreported their earnings from crypto income or completely failed to report such earnings. дальше »
2019-6-22 15:14 | |
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QuadrigaCX CEO traded and lost over 21,000 Bitcoin in customer deposits
Ernst & Young revealed that QuadrigaCX, a failed Canadian crypto exchange that lost almost $190 million of its users funds, may have committed fraud. Auditors found that the exchange’s late founder and CEO transferred user funds off QuadrigaCX and used them for margin trading on other exchanges, losing millions. дальше »
2019-6-21 22:19 | |
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KPMG States: Out of 1,500+ Cryptos; Bitcoin, Ripple, Ethereum, & IOTA are the “Most Important”
There are four most important cryptocurrencies viz Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), and IOTA (MIOTA) as per KPMG’s insight blog titled, “Cryptocurrencies: Do they matter to corporate treasuries?” One of the Big Four auditors KPMG is a network of professional service firms that provides tax, advisory, and financial audit services. With large companies like […] дальше »
2019-5-5 18:16 | |
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F**k Off Alexa: Thousands of Amazon Employees Listen to Your Conversations
If you have never harbored concerns regarding what you say in the presence of your Amazon Echo device, you should now. Bloomberg reports that Amazon has thousands of people on its payroll whose work is to listen to recordings of Echo devices. дальше »
2019-4-11 15:30 | |
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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works
As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges. дальше »
2019-3-20 18:42 | |
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PwC Tests Blockchain System That Will Verify Employee Credentials
PriceWaterhouseCoopers (PwC), one of the “big four” auditors of the world, has recently decided to conduct a trial of its newly created blockchain platform, which was created in order to verify the truth and integrity of employee credentials with the help of the distributed ledger technology. The trial will be made in a partnership with […] дальше »
2019-3-2 17:26 | |
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New CAAO Real Estate System In The Works For Ohio County With The Use Of SafeChain Blockchain
New Real Estate System In The Works For Ohio County, But With The Use Of Blockchain Technology Blockchain technology has been finding use cases around the world and even in multiple states within the US. дальше »
2019-2-21 20:52 | |
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Blockstream Open Sources Development of Its Proof of Reserves Tool
On February 4, 2019, blockchain tech company Blockstream announced the development of a “proof of reserves” tool to standardize the authenticity of exchanges’ crypto reserves. дальше »
2019-2-7 01:01 | |
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US Think Tank, Harvard, and Levi Strauss Partner to Use Blockchain for Worker Welfare
US think-tank New America, the public health graduate school of Harvard University and American apparel company Levi Strauss & Co are partnering on a new blockchain-based solution as reported by Reuters. дальше »
2019-1-27 16:39 | |
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Blockchain to Help American Clothing Company Levi Strauss with Harvard University to Help Factory Safety
Levi Strauss $ Co announced a collaboration with Harvard University and New America think tank to develop a blockchain factory system. The information was released by Reuters on January 24. According to Reuters, the system will be replacing external factory health and safety auditors with a self-reporting infrastructure by the workers. As Dr. Eileen McNeely, […] дальше »
2019-1-25 00:29 | |
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Constantinople Delayed After Auditors Find Vulnerability
The much-anticipated release of Ethereum’s hard fork upgrade Constantinople has been delayed as core Ethereum developers were made aware… The post Constantinople Delayed After Auditors Find Vulnerability appeared first on Invest In Blockchain. дальше »
2019-1-17 19:48 | |
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Bitcoin Private (BTCP) responds to accusations of pre-mine while Litecoin (LTC) and Genesis Vision (GVT) come out with big news
Bitcoin Private responds to accusations of pre-mine Data aggregating website CoinMetrics recently released a damning report on Bitcoin Private, popular privacy-focused hybrid fork of Bitcoin and ZClassic. дальше »
2018-12-27 14:35 | |
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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum
Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat. дальше »
2018-11-28 01:21 | |
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Circle Has Enough USD Reserves to Fully Back Its USDC Stablecoin, Auditors Say
CoinSpeaker Circle Has Enough USD Reserves to Fully Back Its USDC Stablecoin, Auditors Say According to the first attestation report on Circle’s stablecoin, the firm’s USDC supply is fully backed by its dollar holdings. дальше »
2018-11-22 14:14 | |
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KPMG: Institutional Investment Key to Cryptoassets Growth
Auditors KPMG have published a report stressing the need for institutional investors to join the cryptocurrency industry. The report outlines the importance of cryptoassets as an investment alternative and how institutional investors can take part in the process. дальше »
2018-11-21 02:05 | |
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Major Accountancy Firms Race to Offer Auditing Services for Crypto and Blockchain Companies
Top professional services firms, including EY, PwC, and KPMG, are currently hiring hundreds of blockchain and cryptocurrency experts to offer auditing services to companies involved in the loosely regulated sector, the Financial Times reported on Oct. дальше »
2018-10-30 16:00 | |
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Korean Crypto Exchange Earns Key Government Cybersecurity Certification
South Korean cryptocurrency exchange GOPAX has become the first blockchain company to attain K-ISMS certification, the official standard in Korea for information security management systems. дальше »
2018-10-30 23:51 | |
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KPMG Reboots Their Blockchain Distributed Ledger Technology Strategy
PricewaterhouseCoopers (PwC), Deloitte, Ernst & Young (EY) and KPMG, better known as the “Big Four” auditors, all have established solid long-term blockchain roadmaps to remain relevant in the cryptocurrency and blockchain space. дальше »
2018-10-15 18:32 | |
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SEC Chief Accountant Discusses Cryptocurrency And Financial Reporting
The chief accountant talks about why it's important for auditors to adhere to digital asset regulations, how to keep up with changing regulations, and how to pick clients.
дальше »2018-9-19 21:53 | |
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KPMG Beefs Up Blockchain Strategy Under New US Leadership
KPMG, the professional service company that touts itself as one of the Big Four Auditors along with Deloitte, PricewaterhouseCoopers and Ernst & Young, has announced a new leadership team to spearhead its blockchain strategy in the US. дальше »
2018-9-12 15:19 | |
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Audits and Quality Assurance: Patching the Holes in Smart Contract Security
On July 10, 2018, news broke that cryptocurrency wallet and decentralized exchange Bancor was hit with a hack. A wallet the Bancor team used to update the protocol’s smart contracts was infiltrated, and the $23. дальше »
2018-8-3 19:24 | |
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