audit

Tether (USDT) cash equivalents have increased to 85%, company reveals

Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report (CRR) is accurate.Tether’s reserves “The group’s consolidated assets exceed its consolidated liabilities,” according to the independent accountant’s report, which reviewed Tether’s latest CRR and determined that the issuer met its reserve obligations for the period that ended on June 30, 2021.“The group’s reserves held for its digital assets issued exceeds

Notional Audit

Notional Audit – OpenZeppelin blog Security Audits If you are interested in smart contract security, you can continue the discussion in our forum, or even better, join the team 🚀 If you are building a project of your own and would like to request a security audit, please do so here. related posts Source: https://blog.openzeppelin.com/notional-audit/?utm_source=rss&utm_medium=rss&utm_campaign=notional-audit

Saddle Contracts Audit

Saddle Contracts Audit – OpenZeppelin blog Security Audits If you are interested in smart contract security, you can continue the discussion in our forum, or even better, join the team 🚀 If you are building a project of your own and would like to request a security audit, please do so here. related posts Source: https://blog.openzeppelin.com/saddle-contracts-audit/?utm_source=rss&utm_medium=rss&utm_campaign=saddle-contracts-audit

TrustSwap Review: Making Smart Contracts Mainstream

The cryptocurrency space can be a scary place if you are not careful. There are scammers left and right, and not just in Discord and Telegram. Many cryptocurrency projects have revealed themselves to be nothing short of a ponzi scheme. Some have even ended with a rug pull – the team dumping their share of the crypto on the market and running with the cash.TrustSwap is a cryptocurrency project that is hoping to change that by using smart contracts. They want to create a new standard for initial coin offerings

Ham to Improve on Yam With Latest DeFi Experiment

The Yam yield farming frenzy that took DeFi by storm last week highlighted a number of elements that could have been improved with the launch. A new offering called Ham aims to right the wrongs and improve on Yam with a truly community-driven project. There were several flaws with the Yam launch, but the ultimate reason was that it had to be rescued by whales. This pretty much negates any progress made on the path to becoming a truly democratic and community-governed monetary system. A migration plan proposed late last

Yam Finance Proposes Migration Plan After Rebase Failure Fiasco

Fresh from the failure of an attempted rebasing, Yam Finance is looking to engineer a migration to a new version of the protocol. Despite the initial hype that greeted its launch as the latest decentralized finance (DeFi) sensation, the project soon ran into trouble. A bug discovered in the rebasing contract meant inflation in YAM token minting. Yam Rescue, Take Two: Migration Yam Finance announced the proposal for the migration via a blog post on its Medium page on Friday. According to the statement issued, the move, if approved, will

Bitcoin and Stocks Take a Breather

Can’t we all just get along? Over the last few days, tribalism in the crypto community has reached a new peak. Luckily, there are still many in our growing industry with a level head. The calls for an audit of the Ethereum blockchain have been growing, particularly from the bitcoin maximalists, who have long felt that bitcoin needs no counterparts in the crypto realm, nor should there be any competition for the throne. The issue arose after some posted a simple question, asking how many ETH there are in the

Exclusive: US Congressional Watchdog on Prototyping Smart Contracts

The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March.Cointelegraph spoke to Chuck Young, the managing director of public affairs at GAO, to find out more about the agency’s interest in distributed ledger technologies, or DLT.GAO to refine auditing processes for blockchainYoung stated that GAO's primary application for blockchain will be as “a digital financial ledger” — indicating that the chief auditor is planning to use blockchain to

US Congressional Watchdog Quietly Reveals DLT Prototype Development

The United States Government Accountability Office’s (GAO) Innovation Lab posted ads for job positions to develop “use case prototypes” for blockchain technologies in late-March.GAO is the supreme audit institution of the U.S. government and provides evaluation and investigative services for Congress.GAO to explore prototype applications for DLTThe two positions seek an ‘Interdisciplinary Computer Engineer/Computer Scientist’ and an ‘Interdisciplinary Assistant Director, Computer Scientist/Engineer’ to explore “emerging technologies” including blockchain.Both roles will be overseen by GAO’s Science, Technology Assessment, and Analytics (STAA) Team’s Innovation Lab.The listings show that the lab is creating