After a major security breach exposed user data, Worldcoin responded with comprehensive audits by the Nethermind and Least Authority. source: https://dailycoin.com/worldcoin-has-no-vulnerabilities-claims-new-audit/?utm_source=cryptopanic&utm_medium=rss

Cryptocurrency exchange Bitfinex has announced that it has completed a SOC 2 Type 2 audit. SOC 2 Type 2 compliance is a rigorous and comprehensive assessment that confirms Bitfinex adheres to strict information security protocols.

Smart contract security audits are an integral part of ensuring a secure and user-friendly Web3 experience. source: https://www.coindesk.com/learn/2024/01/11/what-is-a-smart-contract-audit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DWF Labs co-founder Andrei Grachev posted on the Cooperation, events, marketing, marketing, launch, etc. DWF Labs has always followed global AML/KYC rules and is seeking to obtain multiple licenses and be audited by one of the Big Four audit firms.

Odaily Planet Daily News SlowMist announced in an announcement that the SlowMist security team has compiled a Checklist for HKSFC compliance security audits based on the latest requirements of the Hong Kong Securities and Futures Commission (HKSFC) and the OWASP international standards, combined with SlowMist’s security capabilities. Through in-depth analysis of HKSFC’s Circular to licensed corporations Review of internet trading cybersecurity and Guidelines for Virtual Asset Trading Platform Operators requirements, and combined with blockchain security industry experience, SlowMist formulated compliance security audit items for HKSFC. In addition, according to OWASP International Standards and SlowMist's unique security capabilities organize security audit items for Web, iOS, and Android. After ensuring that the project party meets the requirements of HKSFC, it can also adapt to the OWASP international standard, including the following: HKSFC 23 compliance requirements; OWASP Web 13 compliance requirements; OWASP Android 7 major compliance requirements; OWASP iOS 7 major compliance requirements; 170+ security audit items compiled by SlowMist.

According to CoinDesk, the proof of reserve of the USD stablecoin TrueUSD was audited by The Network Firm, formerly known as Armanino, which worked with Sam Bankman-Fried (SBF) to audit FTX.US. Armanino’s digital asset team rebranded itself The Network Firm to continue auditing and certification after FTX’s bankruptcy, according to CoinDesk. Previously, Armanino's 2021 audit did not provide an opinion on FTX.US or FTX Trading's internal controls over accounting and financial reporting.

He Yi, the co-founder and CMO of Binance, and the head of Binance Labs, participated in the online chat at the "POW'ER 2023 Hong Kong Web3 Innovators Summit" and said that in the future, Binance will publicly reserve most of the coins. "Crypto assets Reserve audit and listed financial audit are not the same thing. Listed financial audit is another concept. At present, only Coinbase, a listed company in the industry, has conducted a listed financial audit. The four major accounting firms are currently not very motivated to do encrypted asset audits. Ann also hopes that there are audit companies willing to conduct audits."

Sherlock, a smart contract audit platform, issued a document stating that due to the default of Maple Finance borrowers, Sherlock may lose about $4 million. Among them, Sherlock currently has 5 million USDC deposited in the USDC lending pool managed by M11 Credit. The pool is expected to recover 20% - 25%, and pledgers may lose 33% - 35% of their funds.