Cryptonomix

In this episode of Cryptonomix, Mark Eckerle sits down with Jeff Rundlet, Head of Accounting Strategy at Cryptio, an institutional-grade crypto accounting platform. The two discuss the importance of scalability and the need for robust systems to manage the complexities of crypto transactions. They also touch on the integration of crypto accounting with ERP systems and the future challenges the industry may face, particularly regarding regulations and the increasing volume of transactions. 

In this special edition of Cryptonomix, Mark Eckerle joins the On The Brink Podcast with Matt Walsh to discuss Mark’s digital asset and blockchain background and Withum’s journey into the digital asset space. They also address the emergence of stablecoins and their effects on corporate accounting and operations, as well as how startups should evaluate tax, audit, and advisory services with regard to digital assets.

In this episode of Cryptonomix, Mark Eckerle and Anurag Sharma, Partner and Systems & Process Assurance Group Leader at Withum, break down SOC 1, 2, and 3 Reports and the difference between them. The two also explore preparing for a SOC Report and some of the typical challenges crypto companies may face as well as the relevance of SOC Reports. Lastly, they discuss the potential benefits of integrating SOC audits and particular sub-industries within crypto where they could be most beneficial.

In this episode of Cryptonomix, Mark Eckerle sits down with Seth Priebatsch, President at Groma, a full-service real estate development and management firm with a blockchain twist. The two start with a deep dive into Seth’s background and beginnings in the crypto world then transition the discussion to Groma and its innovative two-sided vision, where real estate and crypto meet. They then delve into the functionality of GromaCoins, the impact of the ETF approvals on the company, and other noteworthy projects Seth is excited about.

Listen in as Mark Eckerle and Ron Quaranta, Chairman and CEO of Wall Street Blockchain Alliance discuss WSBA’s activity within the crypto ecosystem and its plans for 2024, along with an examination of the IRS release on the proposed rules for brokers.

In the latest installment of Cryptonomix, Mark Eckerle and Matthew Walsh, Founding Partner at Castle Island Ventures, a venture capital firm focused exclusively on public blockchains, cover a wide range of subjects, such as the developments in the crypto space over the past year, Castle Island's investment preferences, valuable insights for other venture capital firms, best practices for companies seeking financing, and a preview of the upcoming year.

In this episode of Cryptonomix, host Mark Eckerle dives into the world of token warrants, a convergence of traditional financial derivatives and blockchain technology. This comprehensive guide covers the definition, mechanics, use cases, advantages, and risks of token warrants. These financial instruments offer unique opportunities in investment, risk management, liquidity provision, and fundraising, while also presenting challenges tied to price volatility, regulatory uncertainty, and smart contract vulnerabilities in the evolving cryptocurrency landscape.

In this episode, Mark Eckerle sits down with Ryan Babiak, a Tax Partner at Withum, to delve into the taxation of cryptocurrency. The discussion covers a wide array of topics, from the reporting of basic transactions on IRS forms 1040 or 1120 and what triggers a taxable event, to the nuances surrounding staking and non-fungible tokens (NFTs), as well as offering insight on the various tax rate components. 

In this installment of Cryptonomix, Mark Eckerle, delves into major headlines that had a significant impact on the digital asset community throughout the month of July. The spotlight falls on several key subjects, ranging from the declaration of XRP as a non-security asset to the launch of the Worldcoin Token. He also touches on the Bitcoin ETF race, the SEC’s acceptance of proposals for an Ether futures ETF, and the NASDAQ debut of Bitcoin Depot. Regulatory updates and other noteworthy developments are also mentioned, capping off a month full of pivotal moments.

In this episode, Mark Eckerle sits down with Lowenstein Sandler LLP’s Eric Weiner, Partner and Co-Chair of Lowenstein Crypto, and Will Brannan, Partner and Vice Chair of Lowenstein Crypto, to discuss the Ripple Labs court case, the impact of the ruling and what it means for the digital asset community, the SEC’s intentions to appeal the ruling and their thoughts on the future of digital assets from a regulatory standpoint.