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What's New - November 2024

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Check out all the new enhancements in Cryptio

⛓️ Integrations

  • Blockchain connectors: Ton, Starknet, Blast and Boba Network (Ethereum and Binance)
  • Custody connectors: CryptoChilly [TBC status]

🚀 Major Updates

  • Fireblocks Module (V1): Managing large vault volumes and on-chain transactions. Learn more here.
  • Statement of Digital Assets (SoDA) Report: Includes regulatory clusters for compliance (e.g., MiCA, MTL, VARA, SAB121). The report displays the original and FMV/impaired cost bases. Replaces multiple balance reports like end-of-day balances, portfolio balances, and more for streamlined reporting. Check out the detailed help center article.

💫 Improved Features

  • Reporting Revamp Module: Streamlined report visibility by activity type. Quickly find reports by name or access frequently used ones. View an audit trail of all reports generated. Learn more.
  • Revaluation Module: Combines impairment and fair market value modules in line with GAAP rules.
    • Revaluation scope selection for impairment or FMV.
    • Asset scopes to adjust specific assets.
    • Transition dates for impairment reversals when moving to FMV.
  • Non-Taxable Events Automation: Automate workflows by marking labels as NTE, overriding withdrawal transaction values with cost basis.
  • Sanity Check Upgrade: New logic uses block height instead of timestamps for Cryptio balance comparisons.
  • Fee Mapping by Asset: Map fees for specific assets during source mappings for unique account assignments.
  • Compare Prices from Providers: New report for EOD and hourly price comparisons across providers (e.g., Coingecko, Binance, Coinbase). Accessible in the Assets module and Audit Support reports group.
  • ARF and DARF Report Enhancements for FASB compliance: Added columns for Realized P&L, FMV adjustments, and Impairments. DARF-specific change: Units and USD activity are now split into separate tabs for better usability.

This update enhances your Cryptio experience, making it more efficient and user-friendly. Stay tuned for more improvements and features!