Tag: accounting
Binance Bungles Accounting for Helium Tokens, Overpays Clients Millions
The Helium network has two tokens, HNT and MOBILE. Binance counted them as one, HNT, resulting in a windfall for customers who deposited the MOBILE.
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Bed Bath & Beyond taps chief accounting officer as interim CFO after executive’s suicide
Shoppers exit a Bed Bath & Beyond store in New York.Michael Nagle | Bloomberg | Getty ImagesBed Bath & Beyond has tapped its chief accounting [...]
FASB Crypto Accounting Review Won’t Include NFTs, Certain Stablecoins: Report
FASB did not name specific crypto assets that would be excluded from the rule. But it said the digital assets addressed by the rule would include thos [...]
Tether reserve attestations to be conducted by major European accounting firm
In a step toward greater transparency and better alignment with international accounting standards, stablecoin operator Tether Holdings Limited has ta [...]
3 cloud providers accounting for over two-thirds of Ethereum nodes: Data
The majority of 4,653 active Ethereum (ETH) nodes are in the hands of centralized web providers like Amazon Web Services (AWS), which could “expose Et [...]
EY Has Built an Ethereum-Based Product to Help Firms Hit Carbon Accounting Goals
“Blockchain tokens that represent a CPU made in Taiwan, for example, and a display from Japan can transcend boundaries allowing a sum of all the carbo [...]
Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear
Unfortunately, because bitcoin is treated as an indefinite-lived intangible asset, the company is not allowed to increase the value of the bitcoin to [...]
Bed Bath & Beyond names new chief accounting officer in latest executive change as sales plunge
Bed Bath & Beyond on Thursday named a new chief accounting officer, marking another leadership change as the retailer struggles with plunging sale [...]
Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
United States Senator Bill Hagerty has sent a letter, cosigned by four other Republican senators, to Securities and Exchange (SEC) Commission chair Ga [...]
US Air Force taps SIMBA Chain to develop budgeting and accounting system
For many years, the United States Military has been experimenting with blockchain in a number of settings to enhance its operations. Now, the U.S. Air [...]
Cryptio Raises $10M to Make Crypto Accounting Easier
The back-office solution helps collect fragmented on-chain data for accounting and tax reporting purposes.
www.coindesk.com [...]
Michael Saylor welcomes FASB vote to review crypto accounting standards
Bitcoin proponent and MicroStrategy CEO Michael Saylor has welcomed the U.S. Financial Accounting Standards Board (FASB) vote to review accounting rul [...]
FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report
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Trump Officials Failed to Provide Accounting of Foreign Gifts
A spokesman for Mr. Trump did not respond to an email seeking comment.In February, it was revealed that classified documents and gifts from the White [...]
New SEC guidance on accounting and disclosures rankles Commissioner Peirce
Peirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scatt [...]