Tag: audit

  • upbit

    Audit Results: South Korea’s Largest Cryptocurrency Exchange Upbit Cleared

    Upbit, the largest cryptocurrency exchange in South Korea, has conducted an internal audit amid suspicions of fraud from national authorities. The audit results allegedly disprove the claims that the exchange has falsely reported the amount of funds it holds. South Korea’s Upbit Exchange Claims Internal Audit Disproves Suspicions of...

    Ricardo Esteves | May 16, 2018 | 1:00 pm
  • Binance Exchange

    Binance ERC20 Token Audit Confirms They are Safe to Trade

    It has been an interesting week for all ERC20 tokens. Despite their popularity, a fair few tokens were vulnerable to a recently documented exploit. As such, the Binance exchange took matters into its own hands. By partnering with Quantstamp, a thorough audit of the platform’s listings was conducted....

    newsbtc | May 1, 2018 | 9:15 am
  • Hacked

    Tether Controversy Intensify:Relationship With Auditor Dissolves

    Reports are emerging that the supposedly dollar-backed cryptocurrency Tether has ended their relationship with the company responsible for auditing them. Friedman LLP had been drafted in to prove to Tether naysayers that every USDT token did indeed have a dollar sitting in an account representing it. Tether stated...

    Rick D. | January 28, 2018 | 10:00 pm
  • NewsBTC Bitfinex Audit

    Friedman LLP Audit Will Prove If Bitfinex Is Solvent Or Not

    It is due time Bitfinex starts to take action regarding their ongoing issues. A lot of people claim the exchange is insolvent. However, the company states that is not the case. To prove their point, they are now hiring a third party to conduct a financial audit. An...

    newsbtc | May 6, 2017 | 9:30 pm
  • Uncategorized

    Netagio Receives Assurance of Bitcoin Holdings Under ISAE 3000 St&ards

    British exchange Netagio (which deals with bitcoin, gold, and sterling trading) reported this morning that they  have attained assurance for their bitcoin storage/holdings to an international standard (ISAE 3000). An independent review was conducted by BDO LLP, a professional services firm operating internationally, and it was found that Netagio...

    Jayanand Sagar | September 22, 2014 | 10:57 am
  • Bitstamp Posts Results of Audit, No Problems to Report

    The Bitstamp bitcoin exchange has reported today that third-party auditors have verified the exchange’s bitcoin balance and confirmed that the exchange held 100 percent of validated bitcoin and USD funds. “No material issues were raised as a consequence of the 3rd party’s investigations,” the company wrote. The audit...

    Jayanand Sagar | March 6, 2014 | 1:11 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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