bdo
Tether Taps BDO Global for Attestation of Reserve
Tether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation processes
Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend
Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.
Libra Association Appoints Steering Team to Oversee Its Cryptocurrency Network Development
The Libra Association has appointed a five-member technical steering team to oversee the ongoing development of the Libra project. Late last year, Libra made some important changes, including forming new firms and updating its mission to emphasize on payments instead of currency.