Friday, November 22, 2024
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Argo Blockchain reports insufficient funds, ‘no assurance’ it can avoid Chapter 11 bankruptcy

Crypto mining firm Argo Blockchain has reported it had been negotiating to sell assets and “engage in an equipment financing transaction” in an effort to avoid filing for bankruptcy.In a Dec. 12 announcement, Argo Blockchain said it was at risk of having insufficient funds to continue operating within a month,

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Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper – Altcoins Bitcoin News

This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The accounting firm will conduct monthly tether assurance reports based on the stablecoin issuer’s reserves. The following day, Tether published

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Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report – Altcoins Bitcoin News

The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA

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Astra’s Assurance Layer Makes DeFi Appealing to Institutions

The world of decentralized finance attracts a lot of attention from hopefuls and risk-takers. Despite its promising future, the ecosystem cannot resolve disputes transparently. Your funds are probably gone forever if you accidentally sent them to the wrong wallet address. Therefore, dispute resolution and legal protection will prove essential to

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