Tag: Audit

The IRS Confirms a new Wave of Cryptocurrency Audits is Coming

Tax agencies around the globe continue to crack down on cryptocurrency users. A new joint report by the IRS and other agencies confirm there are new tools being deployed to identify tax evaders, cybercriminals, and other culprits.  For some time now, the Joint Chiefs of Global Tax Enforcement have been working together.  The IRS Targets Crypto Traders Again This unit consists of the IRS, as well as officials from the …
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Researchers Point out Major Flaws Affecting the EOS Network

Drama is becoming all too common in the world of cryptocurrency. There are a lot of genuine concerns regarding certain projects, especially when it comes to security and the code base. For EOS, a new security statement was issued which doesn’t bode well for the project in its current state. The EOS Security Concerns It is always good to see companies conduct a proper security audit of cryptocurrency projects prior …
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Cryptopia Is Allegedly Vetting All Current and Future Listings to Avoid Legal Issues

Cryptocurrency exchanges list new currencies on a regular basis. In a lot of cases, those currencies add additional trading volume, which results in bigger profits for the exchange operators. Cryptopia is currently in the process of going through all new and existing listings to ensure that the exchange is fully compliant with current regulations. It’s an interesting situation, although the outcome of this process remains to be determined. A Positive Decision by Cryptopia …
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Two Independent OpenVPN Audits Yield Mostly Positive Results

A lot of people around the world rely on a VPN connection to access information and obfuscate online behavior. A lot of VPN providers use the OpenVPN protocol, which has become somewhat of an industry standard these days. A recent security audit of the OpenVPN protocol yielded some interesting results, although not everything is as positive as people would like it to be. OpenVPN Audits Reveal Some Peculiar Details Most …
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