Search
Tether Swaps Accounting Firms, Says It Will Publish Monthly Attestation on Stablecoin Backing
18.8.2022
Stablecoin issuer Tether Holdings has tapped BDO Italia, the Italian branch of accounting firm Binder Dijker Otte, to provide attestation reports
Ethereum’s Beacon Network Deals With a 7-Block Chain Reorganization
26.5.2022
On May 25, seven blocks were reorganized on Ethereum’s Beacon chain at 8:55:23 a.m. (UTC) at block height 3,887,075 all the way to block 3,887,081. The reorganization was discovered by Martin Köppelmann who noted the “current attestation strategy of nodes should be reconsidered...
What to Watch for in Tether's Upcoming Attestation Report
18.5.2022
The leading stablecoin project still hasn’t published its March report attesting to its reserves. Following Terra, investors have a right to more timely information, says our columnist
‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation
24.3.2022
Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters
Tether slashes commercial paper by 21% in latest reserves attestation
23.2.2022
Tether’s cash and bank deposits also dropped 42% to 4.187 billion, while its allocation to money market funds increased 200% to $3 billion, and its treasury bills grew 77.6% to $34.52 billion
The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
10.8.2021
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report...
Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
6.8.2021
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with...
Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...
Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...
USDC Attestations Run Late, Raising Alarms in the Crypto Community
25.5.2021
USDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that certify the number of dollars the custodian Centre holds in banks. The last attestation available for the currency dates back to February when the currency had...
ITM to Showcase New Blockchain Attestation Project in 2020 CES
6.1.2020
Taiwan-based leading blockchain solutions provider firm, International Trust Machines Corporation or ITM launches its new blockchain attestation project for Qualcomm and Microsoft’s IoT chipsets at the 2020 International CES organized in Las Vegas between January 7, 2020, to January 10, 2020....
Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves
18.5.2019
The latest third-party audit of its USD-pegged stablecoin USD Coin has been published by Goldman Sachs-backed crypto finance startup Circle