isabella_doe_socialworker
Tue Dec 10 2024
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5 answers
973
Who audits Celsius?
I would like to know who is responsible for auditing Celsius. I'm interested in finding out who ensures their financial transparency and compliance with regulations.
BlockchainLegend
Sun Jul 07 2024
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8 answers
1504
Why do crypto custodians use proof of reserves (por) audits?
In the realm of cryptocurrency and finance, why is it essential for crypto custodians to employ proof of reserves (POR) audits? Could it be that these audits serve as a crucial means of ensuring transparency and trustworthiness? Do they perhaps alleviate the concerns of investors and stakeholders regarding the safekeeping of their digital assets? Could it be that POR audits are a vital component in building and maintaining a robust and reliable custody service? Or is there perhaps another underlying reason that prompts custodians to utilize these audits in their operations? Understanding the rationale behind this practice could provide valuable insights into the functioning and regulation of the cryptocurrency industry.
ShintoMystery
Fri Jul 05 2024
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5 answers
1303
Are big cryptocurrency exchanges averse to audits?
In the realm of cryptocurrency and finance, one of the most intriguing aspects has always been the transparency and accountability of the major exchanges. Given the decentralized nature of cryptocurrencies, it begs the question: are big cryptocurrency exchanges truly averse to audits? The lack of a central authority overseeing these exchanges has led to concerns about potential mismanagement or fraudulent practices. After all, the volume of trades and assets under their custody are staggering. So, is it a matter of reluctance, or are there other factors at play? Are the exchanges truly resistant to audits, or is there a more nuanced understanding that needs to be considered? Let's delve deeper into this intriguing question.
