SV-Based Taraxa Revolutionizes Legacy Data Auditing With Mathematically Provable Audit Trails

PRESS RELEASE. Santa-Clara, CA – 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 next level with its cryptographically-secured audit log, finally solving the problem of capturing unstructured operational data…

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Knox Custody Completes Soc 2 Type II Audit – Bitcoin Magazine

Today, Knox announced that it has become the first and only custodian in Canada with SOC 2 Type II certification. Learn more via the press released shared by Knox below: MONTREAL — December 17th 2020 — Earlier in 2020, Knox allowed the world’s first bitcoin exchange to be protected for the full value of their customers’ holdings. Later the same year, we are announcing the successful completion of a SOC 2 Type II audit, becoming the only custodian in Canada with SOC 2 Type II certification. This is a major…

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Ledger’s recent security audit was unconnected to their data breach in June

Popular hardware wallet company Ledger recently announced that they had passed a notable security evaluation, known as SOC 2 Type 1. This certification came following a significant data breach the company suffered in June. Ledger did not, however, decide to conduct its security audit because of the breach, according to comments from a Ledger representative.  “Ledger is always seeking to raise the security standards and has been working on getting the attestation prior to the data breach,” the representative told Cointelegraph.  News of Ledger’s completed SOC 2 Type 1 audit…

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Ledger wallet company passes official security audit

Ledger, a crypto company providing a number of hardware wallet solutions, has obtained a successful System and Organization Controls, or SOC, Type 1 test.   Friedman LLP, a New York-based accounting firm, ran the SOC 2 Type 1 test on Ledger, according to a statement provided to Cointelegraph: “By obtaining the SOC 2 Type 1 report, we are now able to provide an additional layer of verified security to our clients, assuring that the Vault solution is secured at all times and that we have the processes in place to ensure…

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ETH 2.0 Audit Highlights Risks to Block Proposers and P2P Protocol

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…

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

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 –…

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