ChainCatcher news, according to Eleanor Terrett, White House officials revealed that federal agencies must report their cryptocurrency holdings to Treasury Secretary Scott Bessent by tomorrow (April 7, Eastern Time). However, the executive order only requires the report to be submitted to Bessent and does not mandate the public disclosure of the audit results. It is currently unclear whether this information will be made public or when it might be.

ChainCatcher news, Sun Yuchen stated in his live broadcast that he has called for FDT to hire a third-party auditing firm for an audit, "I believe the audit results will show that FDT is in a state of insolvency."

ChainCatcher news, according to Reuters, the world's largest stablecoin issuer Tether is in talks with one of the Big Four accounting firms to advance its long-promised reserve audit.Tether has issued over $140 billion worth of dollar-pegged cryptocurrency, and the company claims that each token is backed by dollar-denominated assets. Currently, it only releases quarterly reports and has not completed a full audit.Tether CEO Paolo Ardoino did not disclose the specific firm or timeline for the audit, stating, "This (audit) is our top priority."Earlier this month, Tether appointed Simon McWilliams as Chief Financial Officer to oversee the comprehensive financial audit.At the same time, Tether is also continuously enhancing reserve transparency, purchasing over $33.1 billion in U.S. Treasury bonds in 2024, becoming the seventh-largest buyer of U.S. Treasury bonds.

ChainCatcher news, Bybit CEO Ben Zhou responded to the concerns regarding the Launchpool project OIK token dump: "The budget for OIK's launchpool activity was a total of 10 million tokens provided by the project party, of which 3.3 million have been distributed, with over 90,000 users participating in the activity. The launchpool is still ongoing and will conclude on March 19, with 5.7 million tokens yet to be distributed.Bybit has never sold off activity budgets for profit; such market manipulation has serious legal consequences, and the budget is all in hot wallets, which can be audited by any regulatory authority. Currently, it appears that there are indeed large holders selling OIK in the market, and the compliance department is investigating the specific details. In the future, we are considering allowing the community to have a more direct view of our budget situation by using independent wallets to receive project budgets, enabling the community to see everything transparently."It is reported that previously some community users raised concerns: "It is inferred that Bybit is using its own Launchpool as a cash machine. The TGE of SpaceNation, which has been built for a year, was a failure. However, over the past three days, the community has gone from outrage to resentment to questioning and investigation, and has collected some evidence. A community sold less than 5% of the project, yet the project party absorbed an abnormal circulation volume within 30 minutes of the opening."

ChainCatcher news, according to Bloomberg, a senior White House official stated today before an industry summit that the first step after establishing a strategic Bitcoin reserve and other digital asset reserves for the United States will be to audit how much cryptocurrency the government holds.The official mentioned that after the Silk Road exchange was shut down, the U.S. once held about 400,000 Bitcoin tokens, with approximately half of that amount sold off. According to Arkham's data, the U.S. currently holds about $17.5 billion in Bitcoin and approximately $40 million in several other tokens in its known digital wallets.

ChainCatcher news, according to official news, Tether has appointed Simon McWilliams as Chief Financial Officer, responsible for financial auditing.McWilliams has over 20 years of experience leading large investment management firms through rigorous audits and will be responsible for advancing Tether's commitment to further enhance transparency and regulatory compliance.

ChainCatcher message, Safe states that the Safe{Wallet} team has been working with Mandiant over the past few days to conduct a comprehensive forensic investigation and security audit regarding the Bybit hacking incident. Safe emphasizes that its team is committed to transparency. Mandiant's preliminary report results will be published next week.

ChainCatcher news, according to official sources, the Ethereum Foundation has released the audit results of the Pectra system contract and disclosed that all relevant or significant issues identified during the review have been resolved. The Pectra system contract includes multiple EIPs (EIP-2935, EIP-7002, and EIP-7251), and the audit was primarily aimed at:Assessing potential attack vectors in the contract.Ensuring that the contract logic accurately implements the expected functionality according to EIP specifications.The Ethereum Foundation also stated that a bug bounty competition is currently being held on Cantina, with rewards for vulnerabilities related to Pectra reaching up to $2,000,000.

ChainCatcher news, Jup iter founder Meow published a long article outlining the future development plan and long-term strategy for the JUP token. Meow proposed the "GOAT framework" (Governance, Transparency, Organic, Collaboration) as the core and announced three key initiatives:First, an independent auditing agency will be commissioned to conduct a comprehensive audit of the founders, treasury, and tokens, with all results to be publicly disclosed on the new official website jup.com to enhance transparency. Second, the establishment of the "Litterbox Trust Fund," committing to inject 50% of the protocol's revenue into this fund over the next two years for strategic accumulation of JUP. Finally, Meow proposed the 2030 Incentive Plan, voluntarily using 280 million JUP held personally for new team incentives, and promised not to claim any tokens before 2030, with the final eligibility for a 500 million JUP reward entirely dependent on community voting results regarding his performance.Jup iter also disclosed three major business pillars: the aggregation trading platform Jup.ag, the community ecosystem Jup iverse, and the cross-chain network Jup net, emphasizing that the token mechanism will bind the long-term interests of ecosystem participants. Meow stated that these series of initiatives aim to demonstrate the team's determination to advance together with the community, breaking the inertia of short-term profit-seeking in the crypto industry, and fully committed to building "the future value network belonging to Jup iverse." Currently, the relevant proposals have been submitted for DAO discussion, and final implementation requires community voting approval.

ChainCatcher news, Bybit CEO Ben Zhou stated that the Bybit exchange has fully replenished the previous Ethereum reserve gap, and a new Proof of Reserve (POR) audit report will be released soon.

ChainCatcher news, according to Bitcoin News, U.S. Senator Rand Paul is calling for a comprehensive audit of the U.S. Mint's gold reserves, including physical inspections. He also requested to personally inspect Fort Knox and other vaults with his staff.

ChainCatcher news, according to The Block, Copper's research director Fadi Aboualfa stated that Trump's plan to audit the Fort Knox gold reserves may trigger a comprehensive review of gold holdings or prompt investors to turn to Bitcoin. If gold ETFs cannot verify their full backing, they may trade at a discount, leading to a loss of global liquidity.Aboualfa pointed out that as U.S. banks transfer gold from London to New York, delivery delays are worsening, and there may be a price dislocation between the spot market and unallocated gold ETFs. Given that the paper gold market is 133 times the size of the physical supply, this situation could lead to global liquidity disturbances and impact the Bitcoin market.

ChainCatcher message, Abstract contributor cygaar responded on the X platform regarding some Abstract users being attacked:The issue is related to Cardex; if you have interacted with this application, please revoke the relevant Session;It is not an AGW contract issue; the wallet functionality has no vulnerabilities; this specific problem is related to the application's negligence in session key management;If you have never interacted with Cardex, your funds are safe;The contract has undergone multiple audits, and the session key module has been specifically reviewed; relevant reports will be released soon.

ChainCatcher message, according to an official announcement, Elon Musk's Department of Government Efficiency DOGE will audit the U.S. Securities and Exchange Commission (SEC) to investigate potential waste, fraud, and abuse.

ChainCatcher news, according to Cointelegraph, U.S. Senator Rand Paul called yesterday for an audit of the Fort Knox gold reserves led by Elon Musk's Department of Government Efficiency (DOGE) to verify whether it actually holds 147.3 million ounces (4,600 tons) of gold from the U.S. Treasury, sparking a debate about the transparency of Bitcoin compared to traditional assets and financial trust.The Fort Knox gold has not been audited for 50 years since 1974, primarily because the U.S. government has refused external audits on the grounds of national security, while its gold reserves are seen as a symbol of national credit, and public audits could trigger market volatility and a crisis of trust. Bitcoin supporters, including Senator Cynthia Lummis, stated: "Bitcoin solves this problem. Bitcoin reserves can be audited at any time through basic computers, year-round." Unlike physical gold, which requires external audits, Bitcoin allows anyone to verify ownership, supply, and transactions through the blockchain.Riot's research director Pierre Rochard said: "Gold requires trust in the auditor, while Bitcoin allows anyone to be an auditor." Bitcoin cannot be forged, whereas gold can. Although the U.S. has the largest gold reserves in the world, incidents of fake gold bars have occurred in recent years. In 2019, the CEO of Swiss refinery Valcambi admitted that counterfeiting technology has become increasingly sophisticated, suggesting that thousands of fake gold bars may go undetected. In contrast, Bitcoin cannot be forged, with a fixed total supply of 21 million coins, and its smallest unit, "satoshi," can be tracked on-chain. Bitcoin advocate Max Kaiser wrote in 2018: "Bitcoin is the most perfect hard currency humanity has ever known. Holding Bitcoin is a declaration of liberation from tyranny and government intervention, achieving individual sovereignty."

ChainCatcher news, according to Cointelegraph, U.S. Senator Cynthia Lummis has called for upgrading the U.S. reserves with Bitcoin, stating: "A basic computer can audit Bitcoin reserves at any time."

ChainCatcher news, according to Jinshi reports, the Associated Press disclosed that the U.S. Treasury Department's Inspector General has begun an audit of Musk's Department of Government Efficiency (DOGE) team's access to the federal government payment system.

ChainCatcher news, according to The Block, the calls for auditing the Federal Reserve led by long-time critic Ron Paul are gaining momentum. Elon Musk, head of the newly established Department of Government Efficiency (DOGE), expressed support for the proposal, calling it a "good idea."Jordan Petsas, chair of the Department of Economics, Finance, and International Business at the University of Scranton, stated that if the Federal Reserve audit reveals issues such as excessive money supply, it could undermine public and investor confidence in the dollar. This concern over the stability of fiat currency may drive demand for alternative stores of value such as Bitcoin and gold.Cryptocurrency derivatives trader Gordon Grant pointed out that the Federal Reserve audit could prompt the American public to start questioning the robustness of their currency, potentially accelerating the shift towards physical assets, such as using tokenized gold for instant payment transactions, or turning to Bitcoin as an alternative option.

ChainCatcher news, Cactus Custody officially launches the Cactus mobile auditing tool, combining Passkey and PWA (Progressive Web App) to break free from device limitations.The Cactus mobile auditing tool supports Passkey + UKey, device fingerprint binding, and Face ID one-touch authorization, achieving efficient and secure mobile approvals. It features plug-and-play, minimalist binding, efficient approval, intelligent push notifications, and multi-account support.As one of Asia's trusted institutional-grade digital asset custodians, Cactus Custody has obtained ISO certification and holds a Hong Kong license (No. TC006789), while also receiving a temporary exemption from the Monetary Authority of Singapore (MAS). Cactus Custody strictly adheres to capital reserve standards and anti-money laundering and counter-terrorism financing regulations, simplifying digital asset management with professionalism and confidence, and always upholding the mission of "safety first, integrity-based," providing comprehensive protection for users' digital assets.

ChainCatcher news, according to Bitcoin News, Musk expressed support for the audit of the Federal Reserve led by former Congressman Ron Paul.