NODE40 blog. Stay one step ahead.

NODE40, a leading provider in the analytics of financial transactions from the blockchain, is pleased to announce that Norman Hannawa has joined the company as Head of Tax and Accounting Solutions. Mr. Hannawa is a tax attorney who brings a wealth of experience in tax and accounting, specializing in digital assets. He has over 20 […]

In A Treatise of Human Nature, the philosopher David Hume discusses the problem of the correlation between is and ought. The premise is that you should not make a determination about what ought to be based on what is. Hume is not an easy read, and the is/ought dichotomy focuses on ethical theory, but what […]

Financial Technology (FT) Partners released the much anticipated 2022 report on Blockchain Accounting and Tax Solutions. NODE40 is highlighted for its enterprise support of DeFi and assurance offerings.  As Ryan Selkis notes in the Mesari Crypto Theses for 2023, compliance companies will thrive in both bull and bear markets. FT echoes this by writing, “As digital assets […]

NODE40, the leading data analytics and financial information platform for cryptocurrency, announces $4 million in funding for its Series Seed Round led by Card1Ventures, LLC. Co-founded by engineers Perry Woodin, CEO, and Sean Ryan, CTO, NODE40 offers a unique cryptocurrency tax, accounting, and compliance solution that transforms complex transaction data into actionable information. NODE40’s focus […]

ALBANY, NY – NODE40, creators of NODE40 Balance, the industry-leading digital assets reporting company, has announced that the former head of global sales for payments company Chargebacks911, David Jimenez, has accepted the role of Director of Partnerships.  Jimenez’s career spans 25 years in Commercial Development and Sales Leadership with Chase Paymentech, Ingenico, and CenPOS. At […]

Swapping, zapping, farming. Smart contracts, NFTs, wormholes. Welcome to the world of cryptocurrency accounting. Not only is the vocabulary often foreign, but the underlying technology is evolving so rapidly that it can take time to remain informed.  If your clients engage with cryptocurrency, you need to support them or risk losing business. If you don’t […]

The report discusses the current state of the blockchain economy and provides a primer on key blockchain technologies and use cases. “Interest in cryptocurrencies has never been higher.” – FT Partners report: The Blockchain Economy, April 2022 FT Partners, a leading investment banking firm focused exclusively on the financial technology sector recently included NODE40 in […]

You made it! Another tax year in the bag — or at least deferred until October. Now you can take the time to think about strategy.  Tax strategy and tax liability are two sides of the same coin. An effective tax strategy can mitigate one’s tax liability. With cryptocurrencies, the difficulty lies in understanding the […]

The IRS is about to make an example out of cryptocurrency tax avoiders – don’t let it be you. This year, the IRS will ask you if you had cryptocurrency in 2019 and it’s going to make a lot of people nervous. Until now, those choosing to report taxes on crypto were somewhat shielded from […]