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Analyzing Mazars' role behind BNB's unprecedented decline in its value
BNB's price is down by 11% in the last 24 hours following Mazars Group’s decision to leave the crypto space. Mazars Group had been one of the big accounting firms that conducted Proof-of-ResThe post Analyzing Mazars' role behind BNB's unprecedented decline in its value appeared first on AMBCrypto. дальше »
2022-12-18 20:30 | |
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Binance’s proof of reserves auditor pulls report, what does it mean?
Key Takeaways Mazar’s, the accounting firm who worked with Binance on the proof of reserves report, has pulled the link from its website It has also paused all crypto work indefinitely Controversy followed the report, with critics decrying its lack of information on the liability side Mazar’s had previously stated that this was a “report” […] The post Binance’s proof of reserves auditor pulls report, what does it mean? appeared first on CoinJournal. дальше »
2022-12-17 18:50 | |
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Major accounting firms are steering clear of crypto audits
The collapse of Bahamas-based FTX triggered a sense of distrust for centralized exchanges in the crypto industry. This was followed by increasing demands for transparency regarding the assets, liabiliThe post Major accounting firms are steering clear of crypto audits appeared first on AMBCrypto. дальше »
2022-12-16 18:00 | |
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People want to see regulated firms that have major global accounting firms, says Circle’s CEO
Jeremy Allaire believes it is important for more crypto companies to become SEC-registered. He added that there is a need for regulated firms in the cryptocurrency space. Allaire says he stores assets on both cold storage wallets and regulated crypto platforms. дальше »
2022-12-15 11:42 | |
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Questions on Binance’s Proof of Reserve audit report
Mazar, the accounting firm that did Binance's reserves audits, could not attest to its strategy or the firm's reserves request. This comes after Binance's Proof-of-reserves again brought FUD concerning their credibility. дальше »
2022-12-12 15:38 | |
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Coinbase CEO Says FTX Clearly Stole User Funds, Rejects Claims of Accounting Error
Coinspeaker Coinbase CEO Says FTX Clearly Stole User Funds, Rejects Claims of Accounting Error Coinbase chief slammed crypto exchange FTX over their excuses for an accounting error. Brian Armstrong said that FTX clearly stole customers' money by moving funds to Alameda Research. дальше »
2022-12-5 12:52 | |
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Binance hires audit firm that served Donald Trump to verify crypto reserves
Mazars’ U.S. division was the longtime accounting firm for former United States President Donald Trump’s company.
дальше »2022-12-1 14:19 | |
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Coinbase explores proof of reserves ways, launches a developer grant program
Coinbase has announced that it is excited to see how far it can go in the industry with on-chain accounting and is exploring new ways to prove reserves. In addition, they announced a $500k developer grant program to encourage others.… дальше »
2022-11-26 05:30 | |
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Tether Up On US Treasury Bills, Reduces Commercial Paper Holding – Q3 2022 Consolidated Reserves Report
The accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsidiaries as of 30th September 2022. According to its report, Tether Group’s consolidated assets exceed its consolidated liabilities. дальше »
2022-11-16 17:51 | |
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Was FTX hacked? Deep dive reveals “backdoor” built into accounting software
Late on Friday evening, it has since been confirmed that a total of around $10 billion was moved from FTX to Alameda Research by FTX founder Sam Bankman-Fried (SBF). The post Was FTX hacked? Deep dive reveals “backdoor” built into accounting software appeared first on CryptoSlate. дальше »
2022-11-13 16:30 | |
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Crypto notches a win among professional accountants
The Financial Accounting Standards Board made a change in October to help public companies that hold cryptocurrencies on their balance sheets. дальше »
2022-11-8 02:44 | |
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Ledgible Makes Crypto Data Legible for Enterprises, Institutions, and Investors
Ledgible provides clear data that simplifies taxes and accounting for everyone. There is no doubt that the popularity of crypto is rising day by day. Even though the regulatory side of crypto is clearing up among global nations, the crypto tax space still contains some uncertainty. дальше »
2022-10-4 16:16 | |
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Tether's Former Auditor Fined $1M by SEC for Sloppy Accounting
The U.S. Securities and Exchange Commission (SEC) filed and settled charges last week against Friedman LLP, the former auditing firm of stablecoin issuer Tether, finding “serial violations of the federal securities laws” and numerous instances of “improper professional conduct,” according to an order published Monday. дальше »
2022-9-27 20:22 | |
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Moscow stock exchange is preparing a bill to allow the trade of DFAs
We want the market to make its own choice between blockchain accounting and depositary… The post Moscow stock exchange is preparing a bill to allow the trade of DFAs appeared first on CoinJournal. дальше »
2022-9-25 06:17 | |
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Binance misallocates $20M Helium’s HNT tokens in mistake
Binance misallocated roughly $20 million of Helium’s HNT token to its users due to an accounting bug, Coindesk reported on September 16. The post Binance misallocates $20M Helium’s HNT tokens in mistake appeared first on CryptoSlate. дальше »
2022-9-17 04:30 | |
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Want to know the future of crypto market in 2022? Read this report
Accounting organization, KPMG, released a report that commented on the current state of the cryptocurrency market. The report stated that crypto projects will continue to stay low for the rest of 2022The post Want to know the future of crypto market in 2022? Read this report appeared first on AMBCrypto. дальше »
2022-9-7 16:00 | |
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Attacker Posts Fake XRP Giveaway on PwC Venezuela Twitter Account
An attacker breached the Twitter account of big-four accounting firm PwC Venezuela and was posting free XRP giveaway scams. The post Attacker Posts Fake XRP Giveaway on PwC Venezuela Twitter Account appeared first on BeInCrypto. дальше »
2022-9-5 06:05 | |
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FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ
The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported on August 31, citing sources. The post FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ appeared first on CryptoSlate. дальше »
2022-9-1 13:03 | |
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Crypto startup wins cybersquatting dispute against Deloitte
Crypto startup Don’t Know Your Customer has managed to avoid a cybersquatting complaint brought by accounting giant Deloitte over its domain name. The post Crypto startup wins cybersquatting dispute against Deloitte appeared first on CryptoSlate. дальше »
2022-9-1 07:00 | |
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Tether’s total assets fell by over $15B in Q2: report
Tether’s total assets as of the end of the last quarter stood around $66. 4 billion, the USDT issuer said in its latest quarterly assurance report. The stablecoin issuer, whose USDT token is the largest and most widely used in the world, said accounting firm BDO Italia had completed this assurance opinion. дальше »
2022-8-19 20:09 | |
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Пятый по величине в мире аудитор подтвердил обеспечение Tether
BDO Italia представило заключение о достаточности резервов Tether Holdings для полного обеспечения стейблкоина USDT. Tether Releases Independent Auditor Report From Top 5 Accounting Firm BDO, Reinforcing its Dedication To Transparency And Revealing Another Major Cut To Commercial Paper Holdingshttps://t. дальше »
2022-8-19 18:42 | |
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16 Exchanges Are Accused Of Illegal Trading
The Financial Services Commission (FSC) claimed that 16 major cryptocurrency service providers in South Korea are accused of violating the so-called “Specific Financial Information Act”. The regulator claims that these platforms conducted trades without proper accounting. дальше »
2022-8-19 18:09 | |
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Tether aligns with top 5 accounting firm for monthly attestations
Tether Holdings Limited, the issuer of stablecoin Tether (USDT), has announced that attestation reports for its reserves will now be handled by BDO Italia, an accounting firm from the BDO global network. дальше »
2022-8-18 21:20 | |
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Tether to issue monthly attestation reports with new accounting firm BDO Italia
Tether said August 18 that it is now working with BDO Italia, a top five global accounting firm, in an effort to increase the transparency of the USDT stablecoin. The post Tether to issue monthly attestation reports with new accounting firm BDO Italia appeared first on CryptoSlate. дальше »
2022-8-19 20:03 | |
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ACCOINTING.com review: track crypto portfolios and generate crypto tax reports
ACCOUNTING.com is a one-stop platform that allows cryptocurrency users to track their crypto portfolios… The post ACCOINTING.com review: track crypto portfolios and generate crypto tax reports appeared first on CoinJournal. дальше »
2022-8-4 17:07 | |
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Quarter of Surveyed Companies in Asia-Pacific Involved in Crypto, Says Recent Study
A new joint study by big-four accounting firm KPMG and British multinational bank HSBC finds that a quarter of all businesses in the Asia-Pacific region are crypto-related businesses. The post Quarter of Surveyed Companies in Asia-Pacific Involved in Crypto, Says Recent Study appeared first on BeInCrypto. дальше »
2022-7-25 20:00 | |
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WebMoney adds support for Tether (USDT) wallet units
WebMoney, an e-currency payment system, announced today it has added a new type of title unit – WMT – with accounting in stablecoin Tether (USDT). 1 WMT corresponds to 1 USDT. USDT tokens are supported on Ethereum and Binance Smart Chain; while Tron and other chains will be added later. дальше »
2022-7-19 22:15 | |
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