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Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry participants have said many crypto firms are not audited because the […]Powered by WPeMatico
On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court trustee, explained it did not authorize the spending of the funds and that prior reports detailed that the cold wallets were inaccessible […]Powered by WPeMatico
On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized professional services brand to enter The Sandbox metaverse. PWC Hong Kong Enters the Metaverse While land located next to Snoop Dogg’s Sandbox plot has sold […]Powered by WPeMatico