Drofa Comms Monthly Roundup | April 2023: Banks, Regulators, and Tech Shifts
April has come to an end, and the time is ripe to sum it up. From the world-shocking bankruptcies to fast-moving innovation, these are some of the topics that have been shaping TradFi, fintech, and crypto. The U.S. banking crisis that dominated March kept spilling into April. First Republic Bank’s shares fell 95% from March […]
Drofa Comms Monthly Roundup | March 2023: Banking Shock, AI, and CBDCs
Spring has sprung and so has the crypto and fintech world. As March comes to a close, the industry leaves behind a month defined by shock, contagion fears, and a fast pivot into “what’s next” — across banking stability, digital assets, CBDCs, and AI-powered finance. A series of bank failures became the month’s biggest and […]
Drofa Comms Monthly Roundup | February 2023: Custody, Staking, and Exchange Pressure
February extended crypto’s early-2023 rebound. Bitcoin recovered the remaining losses tied to last year’s FTX shock, and BTC, ETH, and other major assets continued to post small but steady gains across the month. The move was notable because it happened alongside intensifying regulatory pressure. In the U.S., the Securities and Exchange Commission (SEC) hardened its […]
What Is the State of DeFi Security in 2022 and How to Improve it?
Drofa Comms started the new year by launching our own in-depth report publications of DeFi security in 2022. The year 2022 was officially the most notorious for DeFi security breaches, so the first exclusive report titled “An Overview on DeFi Security in 2022” looks into the current state of things in the decentralised market and […]
Drofa Comms Monthly Roundup | January 2023: Layoffs, Enforcement, NFTs
After the end of last year’s FTX debacle that shook the market, 2023 got off to a stronger start. Bitcoin recovered the losses it took after FTX’s collapse in November 2022. After several failed attempts through December, the leading cryptocurrency moved into a notable January rally, gaining about 40% to $23,116 by January 31. The […]
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 […]