Drofa Comms Monthly Roundup | October 2022: Hacktober, BNB Chain, BNPL, and Big Tech
October is the scariest month of the year, and the reason went beyond Halloween. Cointelegraph flagged a harsh milestone: by October 31, 2022, stolen crypto funds reached $2.98B, roughly double the $1.55B recorded in 2021. The figures were based on data from blockchain security firm PeckShield. Hacktober also delivered headlines outside security. Elon Musk became […]
Drofa Comms Monthly Roundup | September 2022: Ethereum’s Merge, Open Finance, Regulation
September was rich in new trends across the board in the crypto industry. First came the long-awaited next stage in Ethereum’s evolution, “The Merge”, which enabled the network to switch to the proof-of-stake (PoS) model of operation. The update is expected to improve Ethereum’s security and scalability. The month also brought a surge of interest […]
Embedded finance: Ideas from Fintech Week London 2022
At Fintech Week London 2022, experts from around the world discussed embedded finance, digital sovereignty, and Big Banks & Big Tech. Prominent speakers such as Dr Leda Glyptis (10X Future Technologies), Jan van Vonno (Tink, a Visa Solution), James Bryce-Lind (Minna Technologies), and Eloise Taysom (Bud) explored issues in embedded finance and open banking. Understanding […]
Fintech Coopetition Strategy: Can Big Banks and Big Tech Thrive Together?
Following our previous exploration of digital identity, the discussion at Fintech Week London focused on a fintech coopetition strategy between big tech and big banks. During this session, key speakers included David M. Brear (11:FS Group), Mark Hartley (BanKiFi), Ronit Ghose (Citi), Rita Martins (HSBC), and Karan Jain (NayaOne). Experts explored the merging and partnership […]
Drofa Comms Monthly Roundup | August 2022: Crypto Security, Regulation, NFTs
Autumn is coming, and so are the discussions around cybersecurity. The last summer month was rich in news on hacks and security breaches. Cryptocurrency bridge provider Nomad experienced one of the largest hacks in crypto history — $190 million was stolen. Moreover, Robinhood announced a 44% drop in revenues and had to let go of […]
Drofa Comms Monthly Roundup | July 2022: Market, Policy, and Risk
With the last month of summer at our doorstep, Crypto Winter has started to thaw. The global crypto market cap climbed back to $1.09 trillion after more than a month, and while the recovery is gradual, the tone has shifted. Bitcoin has been hovering around $23,000 for over two weeks, while Ethereum has stayed near […]
Drofa Comms Monthly Roundup | June 2022: Bear Market Pain, CBDC Progress
Crypto Winter started feeling even colder in June, with layoffs spreading across the industry as the bearish market dragged on. BlockFi announced a reduction of nearly 25% of its staff; Coinbase nearly 20%, while Winklevoss-led Gemini cut 10% of its workforce. The list kept growing beyond the U.S.: Argentina’s BuenBit slashed over 50% of its […]
Market Volatility or Utility? The Evolution of Meme Coin Adoption
The 2021 market cycle transformed the way investors view digital assets. In addition to NFTs and the metaverse, the year marked a massive frenzy for tokens inspired by internet culture. The Rise of the Meme Economy Inspired by internet memes, assets like Dogecoin (DOGE), Shiba Inu (SHIB), and SafeMoon dominated the crypto market. These tokens […]
Drofa Comms Monthly Roundup | May 2022: Luna Fallout & Regulation
May has been another hectic month for fintech and crypto. The market is still digesting the fallout after the collapse of Luna. The G7 countries are (once again) picking up speed on digital asset regulation and CBDC development. Latin America is showing strong pro-crypto sentiment. Crypto Crash Bitcoin slumped to its lowest in 52 weeks […]
The Pros and Cons of Crypto Investing for Your Portfolio
Over the past few years, crypto investing has become increasingly mainstream. Today, even people far removed from this industry recognise words like «bitcoin,» «ether,» or «mining». Investors are also actively entering this market, as crypto garners global attention. One example was the Financial Times’ Crypto and Digital Assets Summit that took place in London on […]