Sirwin
Sirwin
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.


Do CoinMarketCap, CoinGecko, CoinStats have a fiduciary responsibility to the market? WallStreetBets joke

31 Jan 2021 1 minute read 0 comments Crypto Eric

The Redditors banding together to wreak havoc on the market shorts and seemingly even bringing back AMC from near death is a fascinating experience. A by-product is CoinmarketCap.com recognizing r/WallStreetBets by commemorating the effort with a fak...

Auditing and Crypto: Testing Ownership

30 Jan 2021 3 minute read 0 comments Crypto Eric

How can you test/prove "ownership" when it comes to cryptocurrencies? CPA procedures on Crypto balances The world of business and banking institutions have developed, over many years, systems where an organization can say they have "Cash in Bank" and...

Puzzled by Python? Easy ways to get crypto data.

27 Jan 2021 2 minute read 1 comment Crypto Eric

Solid facts about Crypto stats I have all manner of questions about crypto and patterns related to crypto. I, for one, think that I normally see the biggest drops of the market over Sunday night going into Monday. I like to have data that backs up my...

What do you lose when you "buy" BTC on Robinhood?

10 Jan 2021 1 minute read 1 comment Crypto Eric

On another blog here, someone had written a helpful article about Robinhood, but I had expressed concern that the blog made it sound like buying "BTC" on Robinhood was actually buying BTC. That had made me think about two things: Do you get the basi...

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 Binance.us 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 Binance.us, 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...