PwC Switzerland Incorporates ChainSecurity Team to Expand Blockchain Audit Tools

Officially, it’s not an acquisition. But seven technical engineers are joining the accounting firm to bolster its smart contract auditing abilities.

News  ·  10 January 2020

Firm That Monitors USDC Stablecoin Audited Over $10 Billion in Client Assets

Grant Thornton audited more than $10 billion spread over 40 cryptocurrencies in more than 100 million addresses.

Markets  ·  26 July 2019

When the Dust Settles: The Bitfinex Probe Reveals Structural Weaknesses

The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle Acheson.

Business  ·  12 May 2019

TrueUSD Stablecoin to Add ‘Real Time’ Monitoring of Dollar Backing

TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.

Business  ·  5 March 2019

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

Business  ·  18 December 2018

All ‘Big Four’ Auditors to Trial Blockchain Platform for Financial Reporting

The world's four biggest auditing firms will join 20 banks to trial a blockchain service for validating public companies' financial reports.

Business  ·  19 July 2018

CFO Boost? EY Predicts Blockchain Could Change C-Suite Role

"Big four" professional services firm EY says that blockchain could transform its finance operations and redefine the role of chief financial officer.

Business  ·  30 April 2018

Northern Trust, PwC Launch ‘Instant’ Blockchain Audits

Rather than waiting for periodic reports, auditors of private equity funds on Northern Trust's blockchain will get the data almost immediately.

Business  ·  19 March 2018

Tether Confirms Its Relationship With Auditor Has ‘Dissolved’

The statement, provided Saturday evening, confirms the suspicions of online sleuths and is likely to raise new questions about the company's finances.

Markets  ·  27 January 2018

XBRL Reporting Standard Co-Founder Joins Blockchain Startup

Blockchain startup Auditchain has added the co-founder of a widely used business reporting standard to its leadership team.

Tech  ·  28 November 2017

US Audit Watchdog: DLT Could Disrupt Financial Reporting

Technologies like blockchain are changing the face of auditing, according to a senior official of an oversight board created by the US Congress.

Markets  ·  9 May 2017