Gate News reported on March 25 that, according to Bloomberg, stablecoin issuer Tether Holdings SA has suspended its previously planned $20 billion fundraising round and is currently awaiting the results of its first comprehensive financial audit, with plans to potentially restart fundraising after the audit results are released. According to informed sources, throughout the fundraising process, potential investors and bankers have been urging Tether to improve financial transparency. However, one informed source indicated that some potential investors remain prepared to support the company before the audit results are announced.

Tether announces an agreement with the Big Four accounting firms to conduct a comprehensive audit of its USDT reserves, marking the largest-scale inaugural audit in financial market history and signifying significant progress in reserve transparency. This initiative will boost market confidence and promote stablecoin compliance and mainstream adoption.

Tether Holdings SA suspends $20 billion financing plan pending results of first comprehensive financial audit. Despite investor demands for increased financial transparency, some remain willing to support the company before the audit. Tether has engaged an accounting firm to conduct the audit.

Tether Holdings SA suspended its planned $20 billion financing round while awaiting results from its first comprehensive financial audit. Potential investors and bankers have been pushing for increased financial transparency, though some investors remain willing to support the company before the audit is completed.

Gate News bot message: Tether announced that it has signed with one of the Big Four accounting firms to complete its first comprehensive audit. This message comes from information published in a blog post. This is Tether's first time conducting such a comprehensive audit.

The Solana Foundation released a report emphasizing that enterprises need flexible privacy controls and should view privacy as a customizable feature. The report introduces four privacy modes, acknowledges that there is no single best model, and encourages enterprises to combine them based on their needs. Solana's high performance can support the application of privacy technologies, proposing an "audit key" mechanism to enable coexistence between privacy and regulation.

BNB Chain's Venus Protocol recently experienced an unusual DeFi attack that lasted nine months, ultimately resulting in approximately $4.7 million in losses. The attacker accumulated THE tokens through Tornado Cash and manipulated collateral asset prices, but ultimately suffered significant losses due to insufficient liquidity, raising concerns about DeFi security mechanisms. This incident exposed risk control deficiencies in Venus, highlighting the gap between audit gaps and actual risks.

The China Academy of Information and Communications Technology and academic teams discovered an LLM-driven command injection vulnerability in the bash-tools module of the open-source framework OpenClaw during an audit. Attackers can induce command execution to run remote code and steal data. The vulnerability disclosure process has been initiated and fix recommendations have been submitted.

Gate News reported that on March 15, Scallop Lend completed a comprehensive formal verification conducted by Asymptotic (Mysten Labs' official audit partner). The verification confirmed the mathematical correctness of the protocol's core mechanisms, including critical modules such as core accounting logic, liquidation calculations, access control, and fixed-point arithmetic operations.