Tag: Audit

xSigma Passes Security Audit and Prepares to Launch Stablecoin DEX With LP Rewards – Press release Bitcoin News

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press release PRESS RELEASE. February 24, 2021 – xSigma, a decentralized exchange for stablecoin swaps, has announced details of its launch program. The DEX, which supports liquid swaps between stablecoin pairs, will go live on February 24, having passed a third-party security audit. Blockchain security company Hacken audited the xSigma smart contracts and found no critical errors in the code, green-lighting the Ethereum-based exchange to launch as scheduled. A second security audit is underway to give the xSigma community additional confidence in the code powering the AMM. Backed by a…

SV-based Taraxa Revolutionizes Legacy Data Auditing with Mathematically Provable Audit Trails

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All applications built on top of Taraxa specifically address data visibility by implanting trust-verifying mechanisms to the backbone of operational transactions. Taraxa’s newly released testnet was just put to use for a process auditing platform that minimizes operational friction in multi-party business processes. The Silicon Valley-based blockchain startup is building auditing solutions that infuse database-integrated systems with transparency and credibility by using data anchoring and cryptographic proofs to mathematically verify the origin and integrity of operational transactions. Cryptographically Secured Infrastructure and the Flagship Application Taraxa takes operational auditing to the…

Quantstamp will audit the entire blockchain of a new DeFi project on Polkadot

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One of the first audits of a decentralized finance project connected with the Polkadot (DOT) blockchain is set to be carried out by blockchain security firm Quantstamp.  The project, Equilibrium, had first announced its plans to develop an interoperable protocol on Polkadot in summer of this year. For its transition to Polkadot, the project has been developing new products for its decentralized, cross-chain money market, such as interoperable stablecoins, a synthetic asset platform, and a decentralized exchange. Equilibrium has emphasized that Quantstamp’s security audit will be much further-reaching than typical audits, which…

Statement on the outcome of the ICO’s compulsory audit of the Department for Education

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The Information Commissioner’s Office (ICO) has published the outcome of a compulsory audit of the Department for Education DFE carried out in February 2020. The audit found that data protection was not being prioritised and this had severely impacted the DfE’s ability to comply with the UK’s data protection laws. A total of 139 recommendations for improvement were found, with over 60% classified as urgent or high priority. The ICO’s primary responsibility is to ensure compliance with the law and its policy is to work alongside organisations committed to making the…

$9M and Over 4,500 Fusions – Bitcoin Cash Supporters Anticipate the Cashfusion Audit

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Since November 28, 2019, the Cashfusion protocol has helped facilitate 4,583 fusions to-date with roughly 40,564 bitcoin cash ($9.1M). Cashfusion is an extension of the Cashshuffle platform and the protocol has been deemed “far more practical than other coinjoin protocols.” Bitcoin Cash proponents are now waiting for the completion of the codebase audit, as the protocol will undergo a security audit from the well known firm Kudelski Security. Cashfusion Protocol Facilitates Over 4,500 Fusions Cashfusion is a popular privacy-enhancing platform that is used for obfuscating bitcoin cash (BCH) transactions. The…

Facebook’s Calibra Team Introduces A Novel Distributed Audit Protocol

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In a recent presentation at the 3rd ZKProof Workshop, the Calibra research team presented Distributed Auditing Proofs of Liabilities, or DAPOL, protocol designed to make improvements to the existing distributed audit procedures. The team led by Konstantinos Chalkias, contends that their protocol builds upon and improves existing methods by introducing additional optimization and enhanced privacy. It allows entities to undergo a distributed audit of their liabilities and it works in any situation where an entity does not have a motivation to overstate its liabilities. The latter is the reason why…

Facebook’s Calibra Team Introduces A Novel Distributed Audit Protocol

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In a recent presentation at the 3rd ZKProof Workshop, the Calibra research team presented Distributed Auditing Proofs of Liabilities, or DAPOL, protocol designed to make improvements to the existing distributed audit procedures. The team led by Konstantinos Chalkias, contends that their protocol builds upon and improves existing methods by introducing additional optimization and enhanced privacy. It allows entities to undergo a distributed audit of their liabilities and it works in any situation where an entity does not have a motivation to overstate its liabilities. The latter is the reason why…

ETH 2.0 Audit Highlights Risks to Block Proposers and P2P Protocol

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Technology security firm Least Authority has published an audit of the specifications for ETH 2.0 — the long-awaited overhaul of the Ethereum (ETH) protocol. Least Authority audited ETH 2.0’s during January at the request of the Ethereum Foundation. The firm worked alongside the Foundation throughout the process and compiled the final version of the report on March 6. Ethereum Foundation commissions Least Authority to audit ETH 2.0 The security firm reviewed the core ETH 2.0 specs for phase 0, the Beacon Chain specs, and Beacon Chain Fork Choice documents, peer-to-peer…

Raising $100K for Cashfusion’s Security Audit, Bitcoin.com Matches Donations to Improve BCH Privacy

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Bitcoin.com is a proponent of privacy and we have been monitoring Bitcoin Cash projects like Cashshuffle and Cashfusion closely. Last March, Cashshuffle was officially released after a security audit from Kudelski Security, and since then millions of dollars worth of BCH have been shuffled. Our web portal aims to help speed up the process of Cashfusion’s official release, so we created a fundraiser to raise $50,000 for Kudelski to audit the protocol’s codebase and another $50K for ongoing development. Also Read: How to Check the Bitcoin Price, Hashrate, Data –…