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Binance's Bitcoin Reserves Are Overcollateralized, Auditor Says
7.12.2022
Mazars performed a proof-of-reserves and proof-of-liabities audit on the centralized exchange
Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator
15.11.2022
On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB detailed that “given the magnitude” of the events...
Tether's Former Auditor Fined $1M by SEC for Sloppy Accounting
26.9.2022
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...
New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings
19.8.2022
Stablecoin issuer Tether has cut its commercial paper exposure to $8.6 billion, with a reduction to $200 million on track by the end of the month
Pay Tax on Your Bitcoin Profits or Face Punishment, Mexican Auditor Warns
30.8.2021
An auditor has warned that Mexicans must pay tax on bitcoin (BTC) and altcoin trading profits – or run the risk of becoming earmarked as money-laundering offenders.
Per the news agency EFE, via El Nacional, Fidel Ortiz, the director-general of the accountancy FIXAT, claimed that BTC investment...
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...
Tether's Assets Exceeded Its Liabilities (On February 28) - Auditor
30.3.2021
Source: iStock/standret, Cryptonews.com
Tether, the issuer of the most popular stablecoin, tether (USDT), published its independent accountant's report that claims that the company's assets exceed its consolidated liabilities "as of 28 February 2021 at 11:59 PM UTC."
Cayman-based...
Crypto Custodian Anchorage Gets SOC 1 Security Certification With Big 4 Auditor EY
10.11.2020
The report is granted after an independent third-party audit of a company's internal systems and controls supporting client financial reporting
South Africa Might Impose Tighter Crypto Taxes Rules - Auditor
31.8.2020
The South African Revenue Service (SARS) could bring in stricter taxes for the country’s cryptoasset holders in the near future, potentially hampering the development of an industry that has emerged as Africa’s biggest, analysts claim.
Wiehann Olivier, a partner in the auditing division...
Cardano ‘Dwarfs’ Tezos After Shelley Hard Fork, Says Security Auditor
3.8.2020
According to a leading blockchain security auditing firm, Cardano will become the second biggest proof-of-stake platform behind Ethereum, dwarfing Tezos
Wirecard Fallout: Auditor EY Accused of Not Flagging $2.1B Black Hole Sooner
29.6.2020
Following a sharp drop in the Wirecard stock price, the German shareholders' body holds EY responsible for not alerting the public sooner over the firm's accounting failures
‘Big 4’ Auditor KPMG Launches Crypto Asset Management Tools
23.6.2020
KPMG has built a suite of tools designed to make it easier to collate and query data from both traditional databases and blockchains, allowing for streamlined cryptoasset management
17,000 People Have Filed Claims for Refunds From QuadrigaCX, Auditor EY Says
12.5.2020
Close to 17,000 have made a claim for defunct crypto exchange QuadrigaCX's assets, its bankruptcy monitor reported Tuesday
Auditor, Bank and Sports Platform Turn to Bitcoin, Crypto Payments
4.9.2019
Companies are continuing to turn to Bitcoin as a form of payment, with a leading global auditor and an American sports and entertainment platform opening their doors for BTC-holding customers. Moreover, a 176-year-old Norwegian bank has invested in a crypto exchange.
Auditor PwC Luxembourg...
‘Big 4’ Auditor PwC’s Luxembourg Office to Accept Cryptocurrency Payments
3.9.2019
"Big Four" auditing firm PwC's Luxembourg branch will accept cryptocurrency payments from clients starting next month
Big Four Auditor EY Provides Blockchain Solution for New Wine Traceability Platform
27.5.2019
EY is providing its proprietary blockchain solution for a new platform that helps consumers in Asia determine the quality, provenance, and authenticity of imported wines