Digital Assets

12 Months Ended

Dec. 31, 2022

Digital Assets [Abstract]

DIGITAL ASSETS

6. DIGITAL ASSETS

Digital asset holdings were comprised of the following:

	December 31,		December 31,
	2022		2021
ETH	$	369,200	$	-

For the year ended December 31, 2022, the Company recognized impairment loss of $78,900 on digital assets, representing impairment of $70,600 on ETH and $8,300 on BNB, respectively.

Additional information about digital assets

The following table presents additional information about ETH for the year ended December 31, 2022: 

	December 31,
	2022
Opening balance	$	-
Addition of ETH staking reward		1,800
Purchase of ETH		46,300
Exchange of stable coins to ETH		350,200
Borrowings of ETH from a third party		41,600
Charges		(100	)
Impairment of ETH		(70,600	)
	$	369,200