A Custodian Announces an Audit: What Assurance It Actually Provides
Attestation, examination and audit are different engagements with different levels of assurance. The word used in the press release is often the…
custody
Bitcoin custody from Bitcoin Logical, reasoned from evidence and never presented as financial advice.
A Security Disclosure Lands: How to Tell Severity From Noise
Vulnerability headlines rarely distinguish between a flaw in the protocol, in one implementation, in a wallet, or in a service. The four have…
An Exchange Halts Withdrawals: How to Read the First 24 Hours
Withdrawal halts are announced in language designed to be reassuring. The wording, the scope and what remains running tell you more than the…
An Exchange Publishes Proof of Reserves: What It Proves and What It Doesn’t
Proof-of-reserves announcements are meant to reassure customers after a wave of custodial failures. Most published versions prove only half of what…