Tether is still lying to you
Tether is becoming an artisan at promising to provide an audit showing that its stablecoin is fully backed and then doing everything in its power to avoid exactly that.
Latest audit News
Abendum creates a ‘triple entry accounting’ platform to secure business records, fast
Abendum complies with the ISA 500 international auditing standard that determines whether a report is considered sufficient and appropriately complete for auditing.
Digital currency debit card provider Wirecard ‘loses’ $2B
German financial services provider Wirecard has come up $2.1 billion short in its recent audit.
Aussie taxman makes it clear – report digital currency or be audited
350,000 Australian taxpayers have been served notices that they face audits over their digital currency activity.
AICPA proposed standards for audit evidence to include new technologies
Audits should now take into account emerging technologies, AICPA says, including blockchain and robotic process automation.
PwC provides new auditing tool to aid in recording transactions
PWC’s new tool will provide better transparency into crypto transactions, and protect against malware and hackers.
Crypto exchange Gemini passes Deloitte security audit
Gemini has announced it has passed an independent security compliance audit by Deloitte, in a development the company is hailing as a “world’s first for a cryptocurrency exchange and custodian.”
Tezos taps PwC as firm’s independent external auditor
In an attempt to regain some footing and possibly some of the public trust it has lost, Tezos entered a deal with PricewaterhouseCoopers (PwC), which will “act as the external auditor for the Foundation’s finances and operations.”
Upbit audit confirms South Korean exchange did nothing wrong
An audit performed by an outside accounting firm revealed that Upbit, which has been hit with allegations of fraud, has done nothing wrong.
China wants to use blockchain audits for big data
Cryptocurrencies are clearly not welcome in China, but blockchain technology may be fair game.