CrunchSpark Blog

Musings on our thoughts and reflections of the nascent web3 industry, its rapid evolution and the challenges it faces to gain mass adoption.

Preparing for a Web3 Audit: Best Practices

Preparing for a Web3 Audit: Best Practices

The advent of cryptocurrencies has revolutionised the financial landscape, offering new opportunities for investment, trading, and transactions. However, this innovation also brings challenges, particularly in the realm of accounting and auditing.
Cryptocurrency Forks: Accounting and Tax Considerations

Cryptocurrency Forks: Accounting and Tax Considerations

The cryptocurrency world is rapidly evolving, and one of the most intriguing phenomena in this domain is the occurrence of cryptocurrency forks.
Accounting for Crypto Mining Operations

Accounting for Crypto Mining Operations

In the dynamic and evolving landscape of cryptocurrencies, a critical component that often necessitates clarity is the accounting practices for crypto mining operations
Crypto Cross-Border Tax

Crypto Cross-Border Tax

As digital assets transcend national boundaries, both individuals and businesses engaged in cryptocurrency transactions must navigate a complex web of cross-border tax issues.
NFT Accounting Challenges

NFT Accounting Challenges

Non-Fungible Tokens (NFTs) offer exciting opportunities for creators, collectors, and investors, but also present unique accounting challenges.
CEXs vs DEXs

CEXs vs DEXs

Centralised exchanges involve a third party to store funds and perform trading. Decentralised exchanges allow users to trade directly with each other without a middleman.
Key IFRSs for Crypto Accounting

Key IFRSs for Crypto Accounting

A brief description of the key accounting standards used in crypto accounting.
What are Smart Contracts?

What are Smart Contracts?

Smart contracts are computer programs that self-execute and self-enforce the terms of an agreement between two or more parties. They are designed to facilitate, verify, or enforce the negotiation or performance of a contract.
Big 4 Crypto Accounting Guides

Big 4 Crypto Accounting Guides

Guides from the world’s largest professional services firms providing instructions on how to properly manage and calculate financial information related to cryptocurrency.