Cardano Foundation responded to allegations of misappropriation of over $600 million in ADA tokens, denying involvement and emphasizing transparency in an independent audit. The controversy stems from accusations of blockchain registry manipulation during a 2021 hard fork. Meanwhile, founder Charles Hoskinson plans to delegate social media control post-audit.

The Cardano Foundation is set to publish an audit report following allegations of misappropriating $600 million ADA. Charles Hoskinson plans an audit after being accused of using genesis keys to alter the Cardano ledger.

Paolo Ardoino discusses two stablecoin bills in the US Congress, emphasizing the importance of transparency for issuers. USDT remains popular, with plans for a payment stablecoin specifically for the US market. Ardoino highlights the growing demand for stablecoins among companies and governments planning to launch digital products. Tether aims to undergo a full financial audit with one of the "Big Four" accounting firms.

The US Treasury Department established two offices to manage crypto reserves, requiring all agencies to report by April 4th. An audit is being done per President Trump's directive. US authorities currently hold over $17 billion in digital assets, with claims of lost funds due to a short-sighted view on Bitcoin.

Appointing a top auditing firm for Tether would be easier under the new US administration, according to Paolo Ardoino. Tether's move to bring in a CFO is a step towards a full financial audit, despite only publishing quarterly reports. Ardoino predicts a shift towards Bitcoin in the long run.

Tether, the largest USDT stablecoin issuer, plans its first full financial audit with a leading audit firm. Increased transparency is emphasized due to regulatory pressures in the cryptocurrency market. Tether faces scrutiny and regulatory challenges, including being fined for false claims. The company is excluded from certain exchanges due to new regulations, causing disappointment. The CEO is hopeful the audit will proceed smoothly.

Government official in South Korea misused public funds for personal cryptocurrency trading, forging documents and using the mayor's seal without authorization. The audit report revealed the embezzlement of $342,000 leading to a 5-year prison sentence. The case exposed lax controls and negligence, with ongoing court proceedings and recommendations for disciplinary actions. Miscreant's investments with stolen funds highlighted poor decision-making. The investigation urged stricter controls and oversight to prevent future financial crimes in the city of Cheongju.

The Thai SEC approved USDT by Tether for listing on regulated platforms, enhancing digital asset flexibility. This decision follows public discussion. Thai regulators join EU in accommodating stablecoins like USDT. Tether aims for transparency with a full audit.

The Department of Government Efficiency, led by billionaire Elon Musk, will audit the US Federal Reserve System. Musk hinted at this during a speech at the Conservative Political Action Conference (CPAC). The main task of DOGE is to audit federal spending and reduce government funding. Musk has already saved the budget $55 billion by cutting ineffective programs and projects.

The Department of Government Efficiency in the USA, led by Elon Musk, will audit the Securities and Exchange Commission (SEC) for corruption. Concerns about Musk's access to SEC data have been raised. The investigation will begin soon.

EVAA Protocol and TON Foundation launched a program for DeFi users, allowing borrowers to take out loans in USDT with negative interest rates. Collateral is accepted in TON, tsTON and stTON tokens. The program consists of two phases, Borrow Rewards and Supply Rewards, offering rewards to borrowers and liquidity providers, respectively. Users can also earn EVAA XP points, which will later be converted to tokens. The project has won multiple DeFi awards and has undergone a security audit by QuantStamp.