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Key Takeaways Nakamoto plans to acquire BTC Inc following a completed and satisfactory audit. The acquisition will be structured as an all-stock deal, meaning Nakamoto will use its stock to buy BTC Inc instead of cash. Share this article Nakamoto, chaired by David Bailey, is positioned to acquire BTC Inc once its audit is complete, … Read more
Key Takeaways The joint audit confirms 99.7% of voucher ADA was successfully redeemed, with no substantiated claims of wrongdoing. Unclaimed ADA was allocated to Cardano Development Holdings for ecosystem grants and initiatives. Share this article Input Output Global (IOG) has published the results of a months-long investigative report and forensic audit into Cardano’s ADA Voucher … Read more
Regulators in Australia have found Binance falling short on key compliance standards, ordering a compulsory external audit. Summary AUSTRAC has directed Binance Australia to appoint an external auditor to strengthen its compliance controls. The regulator flagged limited scope in the exchange’s independent reviews and insufficient local senior management oversight. Authorities emphasized that all crypto exchanges … Read more
Artificial intelligence can lead to surprises in all sorts of places where a bill once would have been considered settled. The use of AI by Hertz (and European car rental company Sixt) to scan for damage on cars, which is then charged to the customer, is a new application of the technology that is creeping … Read more
Key Takeaways The Cardano audit report is expected for public release in mid-August 2025. Allegations about manipulation of ADA during the 2021 Allegra hard fork are a central focus of the audit. Share this article Cardano founder Charles Hoskinson announced today that the first draft of a highly anticipated audit report has been received and … Read more
Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. The head of the Securities and Exchange Commission, Paul Atkins, has pushed out the chief US audit regulator, who came under fire for imposing tougher sanctions on big accounting firms during her tenure. Erica … Read more
Stay informed with free updates Simply sign up to the Accountancy myFT Digest — delivered directly to your inbox. A UK regulator has strongly criticised audits by BDO, saying the work fell “significantly short” as it concluded that the mid-tier accounting firm was the worst performer among its peers during annual inspections. The findings by … Read more
The days of manually reconciling financial reports may be numbered. The Cardano Foundation’s new Reeve platform aims to bridge legacy ERP systems with blockchain, offering CFOs something radical: a ledger that can’t lie, enforcing transparency where it’s needed most. On July 8, the Cardano Foundation unveiled Reeve, an enterprise-grade financial reporting platform designed to replace … Read more
Key Takeaways The Cardano Foundation launched Reeve, a blockchain-based tool to streamline ESG reporting and audit compliance. The platform promises several key features, including auditable and compliance-ready data, accessible and verifiable records, and simplified financial reporting. Share this article The Cardano Foundation, one of the main entities dedicated to advancing the Cardano blockchain, has unveiled … Read more
NEWYou can now listen to Fox News articles! Following the uncovering of a massive bribery scandal at USAID, the Small Business Administration (SBA) is ordering a full audit of all government contracting officers who have exercised grant-awarding authority under the agency’s business development program over the last 15 years. In a letter obtained by Fox … Read more
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