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Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds
16.11.2022
The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used the data to draw conclusions about frozen funds
Luna Foundation Guard Spent $2.8B Defending UST Peg, Third-Party Audit Finds
16.11.2022
Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8 billion of crypto trying to defend the peg of TerraUSD (UST) in May, according to a third-party audit by JS Held
Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves
15.11.2022
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to boost users’ confidence in the exchange...
Meet the Metaverse Night Club–Loving Audit Firm That Presided Over FTX’s Financials
11.11.2022
FTX auditor Prager Metis reported the company earned $1 billion in revenues in 2021. An investigation from CoinDesk reveals Prager Metis also operates in Decentraland, where it sponsors the “Decentraland Babydolls.”
Crypto.com Preliminary Audit Shows 20% of Its Assets Are in Shiba Inu Coin
11.11.2022
As large crypto exchanges push to prepare “proof-of-reserves” audits, an initial effort reveals just how much of Crypto.com’s reserves are in the dog-inspired meme ERC-20 token, SHIB
Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy
11.11.2022
On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves audit preparation is underway” and the wallet addresses shared are the company’s cold wallets....
Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs
28.10.2022
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy...
Team Finance exploited for $14.5M during protocol migration despite contract audit
27.10.2022
Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector
Gamefi-Focused Oasys Blockchain Launches Mainnet With Support of Sega, Ubisoft, and Bandai Namco
27.10.2022
Oasys, a Web3, EVM-compatible, gamefi-focused blockchain project, launched the first phase of its mainnet on October 25th. The company, which has gathered support from AAA gaming companies such as Sega, Ubisoft, and Bandai Namco, will start validating blocks from all nodes in preparation for...
Tether commercial paper exposure now under $50M, says CTO
4.10.2022
Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD
World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support
21.9.2022
The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s...
Uniglo (GLO) Ensures Investors Trust With Paladin Audit. Interest Of Synthetix (SNX) And Solana (SOL) Holders Increasing
11.9.2022
Cryptocurrencies have been known for their volatility and lack of regulation, which has led many to view them with suspicion. However, some projects are trying to change this perception by getting audited by well-respected firms. One such project is Uniglo (GLO), which has recently announced that...
Uniglo (GLO) Added To Top Safe Projects Alongside Uniswap (UNI), And Apecoin (APE) After Audit From Paladin
9.9.2022
Security is always a paramount concern for users of decentralized finance, and with good reason. A DeFi project has no centralized entity like a traditional exchange to hold user information or funds. This means that a hacker could theoretically steal all of the user’s assets if they were to gain...
UK regulators target Revolut for 'material misstatement' in audit: Report
5.9.2022
“The auditors are being significantly more challenging now, because they’re getting beaten up by their regulators,” reportedly said an individual familiar with Revolut's situation
Monitor Events and Function Calls via Console
29.8.2022
Despite having worked on the very complex Firefox for a number of years, I’ll always love plain old console.log debugging. Logging can provide an audit trail as events happen and text you can share with others. Did you know that chrome provides monitorEvents and monitor so that you can get...
Uniglo (GLO) Paladin Audit Is Proof That It Can Keep Up To Cryptos Like Cardano (ADA) And Solana (SOL)
26.8.2022
Uniglo (GLO) has announced that it will partner with Paladin to audit its smart contracts. This is a big win for the project, as it shows that it can keep up with the big boys like Cardano (ADA) and Solana (SOL). The partnership will help to ensure the security of Uniglo’s smart contracts...
Solana and Ethereum smart contract audits, explained
21.7.2022
What are smart contract audits, how do they work, and how do they benefit the crypto projects who get their code scrutinized? Let's find out
Consensys to Tokenize Smart Contract and Blockchain Audits via TURN Token Launch
20.7.2022
The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s...
KPMG to audit new pound-backed stablecoin GBPT
11.7.2022
In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements
The First Exchange to Conduct a Proof-of-Reserves Audit in Crypto Industry, Gate.io Starts its Second Third-party Audit
6.7.2022
Gate.io has announced that it will commence another proof-of-reserves audit to provide user verifiable reserves data through a Merkle tree implementation audited by a leading third-party firm. In 2020, as the first cryptocurrency exchange in the world to commit to providing 100% collateral, Gate.io...