Blockchain Auditor | Publish0x
Blockchain Auditor
Blockchain Auditor

Blockchain Auditor

The Blockchain Auditor blog is focused on accounting and audit issues related to blockchain and crypto-assets. There will be content of interest to those with an interest in topics such as accounting for cryptoassets, audit procedures related to blockchain and distributed ledger technologies, blockchain for improving audit processes, taxation of cryptoassets, and trust.

Recognizing generosity - six months later. BTC giveaway leads to $600,000 USD loss

9 Jan 2021 2 minute read 0 comments Crypto Eric

Six months ago (28 June, 2020) I wrote (1) about a person who decided to seed the market with Bitcoin. The generous poster to Reddit offered (and more than delivered!) to give 10 people $50 USD of BTC, at the time, around .005 BTC (500,000 Satoshis)...

Decentraland and party - what did you miss if you didn't attend?

25 Sep 2020 2 minute read 0 comments Crypto Eric

I used to party hardy in Second Life. One of the ways you could earn Linden Dollars was by going to a dance party and dancing for a while; call it a Linden Dollar faucet. (My L$ are still there, safe and sound.) So when I heard that, in or...

Sugar Daddies and Triangulation Fraud Schemes

10 Aug 2020 2 minute read 0 comments Crypto Eric

Taking advantage of people who want something for nothing can seem like “two wrongs making a right”. Despite constant warnings that “if it looks too good to be true, it probably is” and “people generally don’t give away something for nothing”, the re...

Free Bitcoin! What’s the catch? Was it worth it?

28 Jun 2020 5 minute read 0 comments Crypto Eric

Do you believe that people give away valuable things with no ulterior motive? Do you believe that "no good deed goes unpunished"? At approximately 11 pm UTC Saturday, 27 June 2020, a Reddit user posted the following to /Bitcoin: “Because the recent...