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Nalezeno "Audits": 156

India Mandates Cybersecurity Audits for Crypto Firms Under FIU’s Directive


India is reportedly imposing bank-grade compliance on crypto platforms, mandating cybersecurity audits and stricter oversight that signal a dramatic regulatory upgrade across the booming digital asset space. Crypto Exchanges in India Now Face Bank-Level Compliance Obligations India has reportedly...

What are proof-of-reserves audits, and how do they work?


Key takeawaysPoR audits are cryptographic verifications used by cryptocurrency exchanges to prove they hold sufficient assets to cover customer deposits. Using methods like Merkle trees and zero-knowledge proofs, PoR ensures transparency, similar to how capital reserves are mandated...

Third-Party Audits Clear Bybit in Safe Wallet Breach by Lazarus Group


Bybit stated its infrastructure was unaffected in the $1.4 billion security incident involving compromised developer machine credentials at Safe Wallet, which enabled unauthorized transactions. Bybit Confirms Systems Secure After Safe Wallet Attack A forensic investigation into the breach revealed...

SEC Fines Prager Metis $1.95M Over Negligent FTX Audits


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...

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