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.
Auditing
Grant Thornton audited more than $10 billion spread over 40 cryptocurrencies in more than 100 million addresses.
The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle Acheson.
Officially, it’s not an acquisition. But seven technical engineers are joining the accounting firm to bolster its smart contract auditing abilities.
TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.
Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.
