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New Ernst & Young Report Reveals Assets and Debts of Now-Defunct QuadrigaCX

A new report from Big Four audit firm Ernst & Young (EY) outlines the assets and debts of  major Canadian crypto exchange QuadrigaCX and its subsidiaries. The report was released on EY site on May 9. EY — a monitor to the creditor proceedings of now-defunct QuadrigaCX — has published a trustee’s preliminary report revealing that Quadriga has around $20.8 million […]

Major Auditing Firm Ernst & Young Releases Updates to Two Blockchain-Related Products

Big Four auditing firm Ernst & Young (EY) has released two new blockchain developments, a new version of its Blockchain Analyzer and a zero knowledge proof protocol. The company revealed the products in two separate press releases on April 16. EY has launched the second generation of its analytics tool EY Blockchain Analyzer. While the first generation of the product […]

Ernst & Young Report: One Year on, ICOs’ Fate Is ‘Worse Than We Thought’

A new report published Oct. 19 by Big Four auditor Ernst and Young has found that initial coin offerings (ICOs) that raised capital in 2017 have done “little to inspire confidence” one year on. The report, which is dedicated to what EY dubs the “The Class of 2017,” revisits the same projects the firm first analyzed back in Dec. […]