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3232Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
https://www.digit.info/accounting-firm-mazars-stops-proof-of-reserve-audits-for-crypto-firms-binance-audit-removed-from-the-web/
Fri, 16 Dec 2022 15:30:37 +0000https://www.digit.info/2022/12/16/accounting-firm-mazars-stops-proof-of-reserve-audits-for-crypto-firms-binance-audit-removed-from-the-web/Read more]]>The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following the FTX collapse last month. Mazars Group Pauses Crypto Company Audits, Binance […]
]]>Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
https://www.digit.info/binance-and-crypto-com-publish-proof-of-reserve-audits-conducted-by-global-auditor-mazars-group/
Sat, 10 Dec 2022 00:30:50 +0000https://www.digit.info/2022/12/10/binance-and-crypto-com-publish-proof-of-reserve-audits-conducted-by-global-auditor-mazars-group/Read more]]>This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9, 2022, the exchange Crypto.com published proof-of-reserves records and the verification was also conducted by […]