Search Results for "audit flaws"
The Rise of Massively Multiplayer Online Games Being Built on Blockchain
Massively Multiplayer Online (MMO) games have existed for a long time, but these games currently suffer from the same inherent flaws as many other online assets: centralization. Blockchain technology is slowly emerging as a disruptive force in the market, resolving troublesome issues like in-game cheating, and restoring freedom for players around the globe.
Crypto User Scammed Out of $20,000 on Fake Uniswap App
A user has lost $20K after placing his private key backup phrase in a fake Uniswap mobile app available on the Google Play store.
Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities
Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.
Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund
Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange.
"The Wars to Come," Blockchain - A Game Changer for Auditors
Blockchain technology has the potential to upend Audit, Assurance and Control functions —Auditors need to stay attuned to emerging use cases. As Role and skillsets of Auditors will change as new Blockchain-based techniques and procedures emerge.
EY Blockchain Analyzer Adds Explorer & Visualizer Solution to OnChain Data Investigator
Big-four accounting and auditing firm Ernst & Young has enhanced its blockchain analytics tool, the Explorer & Visualizer solution to investigate on-chain data
Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?
Bitcoin halving has been suggested as a significant event. Gate.io also released a halving countdown page for nine major cryptocurrencies in 2020, keeping its users informed of the latest status on halvings. “As an exchange, we want to be instrumental in providing useful information about Bitcoin Halving to our users and the overall community,” Tatibouet said.
KPMG Launches Blockchain-Integrated Supply Chain Platform in Australia, China & Japan
Big Four audit firm, KPMG has announced that it has rolled out a blockchain-enabled track and trace platform dubbed KPMG Origins in Australia, China, and Japan. The platform leverages on emerging technological innovations, such as blockchain and internet of things sensors (IoT), as well as analytics and data tools.
Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin
Despite the oil price taking a beating this year, Iran has urged its citizens to invest in a scheme that would pre-sell 220 million barrels and drive liquidity into the OPEC nation's struggling economy. In response, Cameron Winklevoss tweeted that Bitcoin is a far better investment.
Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?
When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model. What is the story behind?
Deloitte Partners With Chronicled to Fight Counterfeit Medication Using Blockchain Technology
Leading audit firm Deloitte has partnered with Chronicled, a San Francisco tech company, to address medication fraud and counterfeit drugs through blockchain technology. Chronicled will provide its blockchain-enabled network dubbed MediLedger that has been instrumental in the healthcare and life sciences sector.