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FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure
23.9.2024
FTX’s auditor recently agreed to settle misconduct charges with the SEC. Jack Castonguay says auditors working with the crypto industry should take notice
Crypto lender Shezmu recovers hacked funds through negotiation
21.9.2024
Shezmu recovers nearly $5 million in stolen crypto through negotiations with the hacker, agreeing to a higher bounty. Meanwhile, WazirX struggles with unresolved losses
Tether’s transparency and business structure raises $118B FTX-like concerns
20.9.2024
Tether’s market share surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant's influencer over the crypto industry
AI agents could be policing all crypto txs within 5 years: Chainalysis CEO
20.9.2024
Chainalysis CEO Michael Gronager believes “it’s not much further away” before governments use AI agents to catch onchain crypto wrongdoers
Animoca's Timeline to Go Public Would Depend on The Market's Status: Yat Siu
18.9.2024
Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the "market’s status, amongst other" aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising...
Prager Metis to pay $745K to Settle SEC charges over FTX audit misconduct
17.9.2024
The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards.
Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns
9.9.2024
Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $230 million, internal and third-party investigations at Liminal...
Elon Musk Agrees to Head Donald Trump’s D.O.G.E. Government Efficiency Commission
8.9.2024
Former U.S. President Donald Trump has announced a plan to create a government efficiency commission led by Tesla CEO Elon Musk if re-elected president. This commission would conduct a financial and performance audit of the entire federal government. Musk is pushing the idea of the Department...
Elon Musk Can’t Wait to Reform US Government Spending and Regulations
4.9.2024
Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the need to reduce wasteful spending to curb inflation...
Crypto advocates file brief against SEC's investor tracking database
23.8.2024
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders
Crypto advocates file brief against SEC's investor tracking database
23.8.2024
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders
Crypto advocates file brief against SEC's investor tracking database
23.8.2024
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders
Optimism Labs Posts Upgrade Proposal After Community Audits
17.8.2024
In a move that’s sure to turn heads in the crypto universe, Optimism Labs has just rolled out…
Euler announces 29 audit reports after $4M spent to shore up security
12.8.2024
Some vulnerabilities in Euler v2 were found and resolved, and a subsequent $1.25 million bug bounty contest found no vulnerabilities of medium or greater severity
DeFi protocol removed an important line of code that led to a $212K hack
2.8.2024
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%
DeFi protocol removed an important line of code that led to a $212K hack
2.8.2024
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%
Tether Posts $5.2 Billion Profit in First Half of 2024
31.7.2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise...
stUSDT Published Security Audit Report By ChainSecurity and Whitepaper
9.7.2024
PRESS RELEASE. Singapore – July 9, 2024—stUSDT has announced a partnership with leading security audit firm ChainSecurity, which conducted a comprehensive security audit of its smart contracts. The complete audit report and whitepaper are now available on stUSDT’s official website. This...
Ethereum to launch first $2M protocol-wide ‘Attackathon’
9.7.2024
Ethereum’s security team is planning a four-week hackathon to test the blockchain’s security and wants to do one for every future hard fork