Aetena Claims No Exceptions in SOC 2 Type II Audit of USDe Operations
Aetena announced that there were no exceptions in the SOC 2 Type II audit related to the operations of USDe. The official report containing the audit agency, audit period, and target systems has not been made public. Aetena stated that it received an 'unqualified' opinion through the review of an independent auditing agency. SOC 2 is a report that evaluates the controls of service organizations, including security, availability, processing integrity, confidentiality, and privacy. Type II examines whether the controls were actually operating over a specified period. 'No exceptions' means that no exceptions were found in the controls within the scope of the audit, and it does not imply anything about the collateral structure of USDe or the mitigation of smart contract risks. The audit focuses more on the organizational operating system and system management than on the smart contract code. Aetena provides real-time information about USDe's reserve assets, weekly proof of reserves, and monthly custodian verification procedures on its official site, but the SOC 2 Type II audit report is not linked. SOC 2 reports may contain sensitive operational information and can be provided informally. Aetena must disclose the audit agency, audit period, and applicable trust service criteria in order for the claim of 'no exceptions' to be independently verified. Currently, the announcement from the audit agency has not been confirmed.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Coinbase scammer gets 4–12 years for nearly $16M theft

Sui Testnet v1.80.1 Released with Protocol 137 Updates

Russia's Oil Product Production Fell by 17.8% in August

US and Iran Reject Proposal for Strait of Hormuz in Indirect Talks in Qatar

48% of Gen Z Finds Emerging Investments Like Cryptocurrency Attractive, US Bank Survey

MoonPay signs agreement to acquire North Capital for $8.7B

Goldman Sachs Asset Management Expects the Federal Reserve Will Not Enter a Sustained Rate Hike Cycle

Goldman Sachs Asset Management Expects the Fed Will Not Enter a Sustained Rate Hike Cycle

StarkWare cuts BTC quantum-resistant transaction cost by 79% to 66 dollars

Patrick Witt Defends Trump's Crypto Investment Persuasiveness, Points to Bank Lobbyists as the Real Force Behind the Clarity Act

Long.xyz Founder Emphasizes Asset Distribution and Scale Growth

FedNow readies cross-border support for U.S. banks

Hassett Questions Federal Reserve's Rate Hike Decision, Claims Core Inflation Nears 2%

Revolut Launches Facial Recognition Checkout System Pay with Smile

AI Agent Jev Expects On-Chain Innovation Through Automated Judgment

Aptos Releases Mainnet Node v1.49.1 for Validators

JR Kyushu Enters Financial Sector in Partnership with SBI, From Banking to Cryptocurrency

LLM Token Price Drops 52%, AI Demand Remains Strong

OpenAI: Apple's Integration of ChatGPT User Conversion Below Expectations

OpenAI Lowers ChatGPT Integration Growth Forecast, User Conversion Below Expectations

American Gen Z Starts Investing at an Average Age of 19, Nearly Half Interested in Cryptocurrency

Davie Reveals BTC Strategy Data, Volume 205.42K, Rate +0.0016%

Hack VC Co-founder Has Not Contacted Hsin-Ju for Over 10 Months, Overseas Use of USD Stablecoin Considered

Kalshi Denies Investigation by the U.S. CFTC into Its Trading Activities

Aerodrome farming made up 90% of USDC transfers, analyst says

Satoshi Wallet Captures 1.17 Million BTC, 99.86% Unmoved

Sam Price: The Impact of Cryptocurrency Legislation on Market Dynamics

Canada's Six Largest Banks Develop Shared Digital-Dollar Network

U.S. Treasury to Buy Back Up to $6 Billion in Government Bonds





