The Luna Foundation Guard (LFG) and Terraform Labs (TFL) commissioned a technical audit of their efforts to defend the price of TerraUSD (UST) — since rebranded TerraUSD Classic (USTC) — between May 8...
Tag: Audit
LFG Audit Reveals Billions Spent On UST Peg
A third-party audit has revealed that the Luna Foundation Guard spent $2.8 billion to defend the peg of the algorithmic stablecoin TerraUSD (UST). Audit Findings Reported The audit was conducted by J...
Terra’s Luna Foundation Guard Releases Audit Report, Do Kwon Responds
The Luna Foundation Guard (LFG), nonprofit managing UST algorithmic stablecoin, has released a technical audit to provide full transparency into assets and efforts to repeg TerraUSD (UST) in May. LFG ...
Newly Released Technical Audit Report Sheds Light on UST Depeg
The Luna Foundation Guard, the entity behind the collapsed Terra ecosystem, has shared a technical audit report. This, it claims, provides full transparency into trading, blockchain records and effort...
Technical audit shows LFG didn’t misappropriate funds as it tried to defend TerraUSD peg – crypto.news
An on-chain audit commissioned by the Luna Guard Foundation (LFG) and Terraform Labs (TFL) to provide transparency into the actions of the two organizations in their unsuccessful defense of the TerraU...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg – Bitcoin News
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the N...
New Audit Report Shows Terra’s LFG Spent Over $2.8 Billion To Defend UST Peg ⋆ ZyCrypto
Advertisement     Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8B (80,081 BTC and 49.8M in stablecoins) to defend UST’s peg, ...
LFG audit raises questions about Jump Trading and Terra collapse
According to a new independent report, Luna Foundation Guard (LFG) transferred more than 52,000 bitcoin (BTC) from its reserves to Jump Trading as part of its efforts to defend the price of terraUSD (...
Nexo says ‘real time audit’ error caused by technical malfunction, will be fixed soon
Nexo responded to rumors of insolvency that sprang up on Nov. 16 after its website stopped displaying the real-time audit of its assets versus liabilities and said the attestation would be back up soo...
Audit reveals Luna Foundation Guard spent $2.8B to defend UST peg in May
A Nov. 9 technical audit report submitted by JS Held revealed the Luna Foundation Guard spent $2.8 billion to defend UST’s peg between May 8 and May 12. 1/ Today, LFG releases the technical audit repo...
LFG Audit Claims Do Kwon Didn’t Steal Terra Funds—But Can It Be Trusted?
Key Takeaways A new third-party audit of the Luna Foundation Guard has been released. The report claims that LFG used its $2.8 billion of funds in an attempt to shore up UST’s peg in May. While ...
Luna Foundation Guard Spent $2.8B Defending UST Peg, Third-Party Audit Finds
“While there have been multiple recent failures in crypto, it is important to distinguish between Terra’s case, where a transparent, open-source decentralized stablecoin failed to maintain peg parity ...
Is Gate.io short of funds? Crypto exchange audit raises red flags
Gate.io joined the list of exchanges in a rush to publish their proof of reserves, a deeper look at their books and audit however suggests a different narrative. The rush was necessitated to restore i...
Crypto.com Preliminary Audit Reveals 20% Of Assets in SHIB
8 seconds ago | 2 mins read Exchange News Nansen’s analysis shows that Crypto.com has assets worth nearly $3 billion. FTX collapse compels every company to prioritize transparency. A pioneer was Crypt...
Crypto.com Preliminary Audit Shows That 20% of Its Assets Are in Shiba Inu (SHIB) Coin
“In an ideal world, we’d want the best assets to be worth the most, but SHIB and DOGE both have extremely high market caps,” he said. So it’s “not super surprising that retail-heavy exchanges will hav...
Gate.io Proof-of-Reserves Audit Shows User Asset Reserves Exceed 100%
November 9, 2022 – Majuro, Marshall Islands The global cryptocurrency exchange Gate.io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party ...
Gate.io Proof-of-Reserves Audit Shows User Asset Reserves Exceed…
Majuro, Marshall Islands, 9th November, 2022, Chainwire The global cryptocurrency exchange Gate.io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent ...
Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs – Defi Bitcoin News
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring s...
Team Finance exploited for $14.5M during protocol migration despite contract audit
On Oct. 27, decentralized finance (DeFi) lockup protocol Team Finance said that over $14.5 million worth of tokens were exploited through the Uniswap v2 to v3 migration function on its platform. As to...
Uniglo.io (GLO) Price Skyrockets After Audit, Investors Rushing To Buy Instead Of Bitcoin (BTC) And Ethereum Classic (ETC)
It’s been a tough few weeks for cryptocurrency investors. Bitcoin and Ethereum Classic prices have been plummeting, and many investors have been scrambling to sell their holdings. However, there’s one...
Cardano’s Djed Stablecoin is Just one Final Audit Away
The Vasil hard fork upgrade has caused Cardano’s growth to constantly improve. However, the value of Cardano has reversed. It failed to demonstrate a favorable trend in the price of ADA, which is curr...
Statemind Audit Report Reveals No Critical Issues In Staking Solu…
After a string of hacks and exploits across the DeFi industry resulting in millions in funds lost or in related damages, proceeding with caution is always wise. Knowing which protocols, projects, and ...
PCAOB Begins Audit Reviews
China Last Night KraneShares Key News Asian equity markets closed lower to start the week in anticipation of the US Federal Reserve hiking interest rates another 75 basis points. However, India manage...
Security Analyst Favors Uniglo (GLO) With Top Audit Instead Of Synthetix (SNX), And Fantom (FTM)
Audits are necessary for firms, but those in the cryptocurrency sector may find them particularly crucial. This article will examine three security audits for the following projects: Fantom (FTM), Syn...
Uniglo (GLO) Invests In Top Tier Audit, Moving Ahead To…
In a rapidly changing world, it’s more important than ever for companies to have a robust and reliable audit system. Uniglo, a leading DAO project, has made the smart move of investing its time ...
Uniglo (GLO) Ensures Investors’ Trust With Paladin Audit
Cryptocurrencies have been known for their volatility and lack of regulation, which has led many to view them with suspicion. However, some projects are trying to change this perception by getting aud...
Uniglo Becomes Third Safest Project After Paladin’s Audit
Security is always a paramount concern for users of decentralized finance, and with good reason. A DeFi project has no centralized entity like a traditional exchange to hold user information or funds....
Uniglo (GLO) Steers The Project Into Total Security With A Paladin Audit. Fantom (FTM) And Solana (SOL) Uptrend Incoming
A newcomer to the Decentralized Finance (DeFi) space, Uniglo (GLO), is swiftly gaining acceptance in the Ethereum community. The project just finished a successful Paladin Audit, which thoroughly exam...
BIB Token Excellently Passed Smart Contract Audit by Armors Labs
The usability of cryptocurrencies is growing despite the market challenges in the past few months; many projects have come up with new use cases in NFT, DAO, and DeFi. Despite this development, the cr...
What to watch next in the U.S.-China ADR audit dispute
The U.S. and China have taken a significant first step toward keeping U.S.-listed Chinese stocks like Alibaba from being forced off U.S. stock exchanges. Holger Gogolin | iStock | Getty Images BEIJING...