Tag: Auditor
CertiK, Blockchain Code Auditor, Makes ‘Strategic Workforce Adjustment’ of 15%
“In response to evolving market dynamics, CertiK undertook a strategic workforce adjustment today, impacting fewer than 15% of our colleagues," accord [...]
Former FTX Auditor Prager Metis Sued by U.S. SEC for Hundreds of Alleged Violations
“Auditor independence is critical to both protecting the integrity of financial reporting and promoting public trust. As alleged in our complaint, ove [...]
SEC initiates legal action against FTX’s auditor
The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against an accounting firm that had previously provided ser [...]
FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor
Fees charged by the lawyers and the restructuring team working on the bankrupt crypto exchange FTX have topped $200 million in just over seven months, [...]
Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm
The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do [...]
Platypus attack exploited incorrect ordering of code, auditor claims
The $8m Platypus flash loan attack was made possible because of code that was in the wrong order, according to a post mortem report from Platypus audi [...]
DeFi auditor nets $40,000 for identifying Uniswap vulnerability
Uniswap’s recently launched bug bounty program has led to the discovery of a now-fixed vulnerability of the protocol’s Universal Router smart contract [...]
Missing From the Debate About Binance’s Proof of Reserves and Auditor, One Metric Shows Another Exchange Could Be in Trouble.
“If the exchange is not using its collateral to borrow money, it doesn't really matter what the clean reserves are. If every customer’s crypto is full [...]
Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients
"Mazars has indicated that they will temporarily pause their work with all of their crypto clients globally, which include Crypto.com, KuCoin, and Bin [...]
Terra Validators Grant $900K to Security Auditor SCV
SCV will identify and monitor vulnerabilities, risks and potential threats to the second version of the protocol. The company bills itself as Terra’s [...]
Tether’s Former Auditor Fined $1M by SEC for Sloppy Accounting
The SEC’s order, issued last Friday, details sloppy accounting practices that were common at Friedman LLP from 2015 to 2020, including its failure to [...]
New Tether Auditor Confirms Slashing of Commercial Paper Holdings
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.
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With 87,000 new agents, here’s who the IRS may target for audits
Jeffrey Coolidge | Photodisc | Getty ImagesAs the Democrats' spending plan moves closer to a House vote, one of the more controversial provisions — ne [...]
S.B.A. Gave $3.7 Billion in Improper Relief Payments, Auditor Finds
A rushed emergency aid program for small companies devastated by the pandemic improperly sent nearly $3.7 billion to recipients prohibited from rec [...]
Crypto Custodian Anchorage Will get SOC 1 Safety Certification With Massive four Auditor EY
Crypto companies supplier Anchorage mentioned it acquired third-party certification that the controls supporting its monetary reporting and operati [...]