Audit

  • What guarantees does SlowMist Technology’s audit provide? (SlowMist Technology Co., Ltd. Shenzhen)

    What guarantees does SlowMist Technology\’s audit provide? What guarantees does S

    08/16/2023
    115
  • Tether’s Market Share Hits Two-Year High of 63%

    On April 22nd, according to Blockworks Research data, Tether\’s stable currency market share has reached 63%, the highest point in two years. In addition, USDT\’s market value hit $8

    04/22/2023
    63
  • Introduction

    On April 13th, it was reported that the zkSync ecological project SyncDEx Finance is suspected to be Rug, and its official social media platform and Discord channel have both been

    04/13/2023
    140
  • Revolut: A Digital Bank’s Auditing Woes

    According to reports, the long-delayed accounts of Revolut, a British digital bank, showed that the company achieved its first full year profit in 2021, but the audit firm BDO expr

    03/30/2023
    102
  • THORChain Suspected To Have a Potential Vulnerability: What You Need to Know

    On March 28th, the decentralized cross chain trading protocol THORChain issued a statement stating that a dependency of THORChain is suspected to have a potential vulnerability or

    03/28/2023
    66
  • GPT-4 and the Limitations of AI in Smart Contract Security

    On March 15th, Yu Xianfa, the founder of Slow Fog, tweeted, “The smart contract codes of hyenas are generally simple, and I believe that GPT-4 can probably provide correct security advice. However, complex smart contract codes, especially those with human sophistry, and vulnerabilities that require other scenarios (or broader contexts), GPT-4 cannot handle them, but it can be used as an audit aid (if used well).” 。 In addition, AI can deceive people. “It seems that security audit companies can not only use GPT well in the future, but also audit whether GPT is’ doing evil ‘.” Founder of Slow Fog: GPT-4 cannot handle complex smart contract codes, but can be used as an audit aid Analysis based on this information:The ever-growing interest in cryptocurrencies and blockchain technology has brought smart contracts to the forefront of the conversation around decentralization. Smart contracts, or self-executing digital contracts, have the potential to revolutionize the way we approach financial transactions, legal processes, and…

    03/15/2023
    68
  • Should Banks use Merkle Tree to Prove Reserves?

    It is reported that Zhao Changpeng, the founder of Coin Security, tweeted that since banks are audited, a bold idea is that perhaps banks should use merkle tree to prove reserves? Some, even if not 100%, we should know some, right? Zhao Changpeng: Maybe banks should use Merkle Tree as proof of reserves Analysis based on this information:In the ever-evolving world of cryptocurrency, blockchain technology has become increasingly popular, and one of its concepts, known as the Merkle tree, has caught the attention of Zhao Changpeng, the founder of Coin Security. He suggests that banks should consider implementing the Merkle tree to prove their reserves. The Merkle tree is a cryptographic tree structure consisting of hashes that allow for the secure and efficient verification of data. In the case of cryptocurrency, it is used to ensure the validity and integrity of transactions. By applying the Merkle tree to bank reserves, companies could prove their solvency and transparency to customers, investors,…

    03/13/2023
    70
  • Circle’s Stablecoin Assurance Through Regulated Financial Institutions

    On March 10, according to the audit report of stable currency issuer Circle in January this year, Circle has reserves in many regulated financial institutions i

    03/10/2023
    72
  • PCAOB Deems Review of Cryptocurrency Exchange’s Reserve Certificate as Insufficient

    According to reports, the United States Public Company Accounting Oversight Board (PCAOB) said that the review of the reserve certificate of the cryptocurrency

    03/09/2023
    74
  • Armanino’s Former Digital Asset Member Establishes The Network Firm

    On March 1, the former digital asset business member of Armano, an accounting firm, established the new company The Network Firm, which is engaged in providing…

    03/01/2023
    70