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Audited, Yet Hacked: The Critical Role of Real-Time Monitoring in Web3
27.8.2024
In the evolving landscape of Web3, security remains a paramount concern for crypto companies. Most of these companies rely heavily on pre-deployment smart contract audits, believing that such audits will safeguard their projects and client funds from hacks. However, recent data reveals a stark...
Ethereum alternative that can be as massive as ETH and is priced at $0.08 just got Certik Audited
20.1.2024
The world of cryptocurrencies has evolved dramatically since the inception of Bitcoin. Ethereum emerged as the pioneer of smart contracts and decentralised applications, offering a new paradigm for blockchain technology. However, the cryptocurrency space is ever-evolving, and investors are always...
As PEPE2 Dumps After 1,000% Move, But This Audited Bitcoin Project Has Secured $200,000 in Funding – 100x Potential?
10.11.2023
As copycat tokens rise on DEX markets, the latest spin-off PEPE2 token has undertaken a +1,000% move, yet, amid the surge a breakout, warning signs reveal a potential scam, while safer Bitcoin project is capturing the attention of traders. Recent months have seen a huge trend in explosive...
KyberSwap Resumes Elastic Protocol, Backed by Multi-Million KNC KyberDAO Security Fund
25.5.2023
KyberSwap, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated liquidity and full range fees compounding, while incorporating...
Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards
18.5.2023
Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry...
Marathon Digital bungles crypto impairment sums, will reissue financials
1.3.2023
The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures
Kevin O'Leary defends SBF, says FTX should be audited
6.12.2022
O’Leary emphasized that the truth about FTX can be discovered, thanks to the unique nature of blockchain technology
Bitget Shares Merkle Tree Proof of Reserves to Enhance Transparency Users’ Assets Safeguarded With at Least 1:1 Reserve Ratio
4.12.2022
Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves (“PoR”), using the cryptographic-audited Merkle tree method,...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
FBI Warns About Decentralized Finance Exploits and the Losses Associated With Them
31.8.2022
The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on decentralized finance (defi) platforms. The organization also advised crypto investors to do their...
Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing
16.8.2022
Galaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its right to terminate” a previously announced acquisition of Bitgo. According to Galaxy the termination of the deal was due to Bitgo’s “failure...
EURST Creator Simone Mazzuca Explains What Differentiates It From Other Stablecoins and Why It Is Here to Stay
21.7.2022
Simone Mazzuca is the creator of EURST – the first representative euro stablecoin, 100% asset backed with US Dollars and live audited. EURST is providing one of the most secure and reliable stablecoin structures on the euro market to serve as a bridge to the digital economy. Mr. Simone...
How to Shield Your Crypto Gains and Avoid Getting Audited for Your Crypto Trades in US
31.12.2021
The article is written by Jaideep Singh, CEO of AI-powered, SaaS platform FlyFin, Luke Olson, CPA, and Sridevi Yathirajyam, EA, FlyFin.
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Read More: How to Shield Your Crypto Gains and Avoid Getting Audited for Your Crypto Trades in US
El Salvador Bitcoin App Should Have Been Audited Long Ago, Claims Ex-Central Bank Chief
31.12.2021
A former Governor of the central bank of El Salvador has claimed that the state-run Chivo bitcoin (BTC) app would have already been shut down by regulators if it were a private company....
Read More: El Salvador Bitcoin App Should Have Been Audited Long Ago, Claims Ex-Central Bank Chief
FMFW.io Has Listed Audited Asset-Based Stablecoin – EURST
17.11.2021
PRESS RELEASE. EURST will be listed on fmfw.io starting November 17th. The Euro representative digital coin you can purchase with FMFW.io with BTC and ETH pairs. Introduction to EURST Stablecoins, which have arisen due to the digital world’s development, are secured with assets, thus...
xSigma Passes Security Audit and Prepares to Launch Stablecoin DEX With LP Rewards
24.2.2021
PRESS RELEASE. February 24, 2021 – xSigma, a decentralized exchange for stablecoin swaps, has announced details of its launch program. The DEX, which supports liquid swaps between stablecoin pairs, will go live on February 24, having passed a third-party security audit. Blockchain security...
IMCoin (IMC) Flies High
13.11.2020
PRESS RELEASE. IMCoin, known as the first Hybridcoin, closes a week with a record price increase in its history reaching a value of 1.83 USD per token. The IMC price is the result of the number of tokens sold divided by the balance of the audited reserve fund, which already has 417 days of history....
Imcoin (IMC) “The First Hybridcoin” Arrives To Impose a New Concept of Cryptocurrencies
6.11.2020
PRESS RELEASE. The objective of IMCoin is to be the first Hybridcoin on the market, giving its holders the possibility of having an asset backed with an audited and public underlying where the money from the sale of the token is entered, but which in turn tries to increase in value. to positively...
$1B in Wrapped Bitcoin now being audited using Chainlink’s ‘Proof of Reserve’
2.10.2020
Wrapped Bitcoin is now even safer with Chainlink oracles checking custody wallets every ten minutes
The Yam Protocol Will Migrate Old Tokens to an Audited Contract
14.8.2020
The saga continues