Business Standard

Friday, December 20, 2024 | 03:47 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

How much have initial coin offerings raised in 2018? Depends on who you ask

With the cryptocurrency market nearly 80 percent off its peak, a critical question is exactly how much the ICO boom has deflated

Cryptocurrency
Premium

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture

Justina Lee | Bloomberg
So far this year, initial coin offerings have raised $22 billion, or half of that -- depending on where you look.

With the cryptocurrency market nearly 80 percent off its peak, a critical question is exactly how much the ICO boom has deflated. That becomes harder to answer when even the most commonly used websites that track the phenomenon disagree on the figures.

Blockchain may be billed as an immutable public ledger, but in the controversial world of crypto it spawned, establishing truth can be tricky when disclosure standards are still being improvised daily. In the case of ICOs, it remains hard

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in