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 […]
Stablecoins Explained: What Backs Them and Where They’re Used
On May 5, 2022, London became the venue for the Financial Times’ Crypto and Digital Assets Summit. One of the main discussion topics was stablecoins, their stability and the problems people and companies face when adopting them. Drofa Comms joined this event to delve into the trends in the market and continue to keep up […]
Drofa Comms Visits FT Crypto & Digital Assets Summit
Last week, Drofa Comms’ UK PR Manager attended the Crypto and Digital Assets Summit organised by Financial Times. The 2-day event saw thought leaders from all over the world sharing insights and representing every crypto sphere imaginable. Among the speakers were Changpeng Zhao, Founder and CEO of Binance; Charlotte Hogg, CEO of VISA; Michael Sonnenshein, […]
Drofa Comms Monthly Roundup | April 2022: NFTs and the Metaverse Take Over the Crypto Narrative
April is a busy month for the crypto market. The Metaverse and NFT sectors are going through a roller-coaster of happenings. Celebrities are coming together to invest in crypto startups. Meanwhile, major brands like Disney, Millennium Hotels and Resorts announce plans to launch operations in the metaverse. The hype around NFT continues to grow. Even […]
GameFi and Play-to-Earn: How Players Can Profit from Blockchain Games
What could be better than making money doing what you love? For example, playing video games? A new direction in blockchain technology — GameFi — will make this dream come true. Participants of the Binance Blockchain Week 2022 in Dubai discussed how the GameFi industry came to be and what is necessary to popularise it. […]
Drofa Comms Monthly Roundup | March 2022: Privacy, NFTs, Hacks & Regulation
Drofa Comms stays on top of developments across financial markets and fintech, and our monthly reports make it easier to track the biggest news and the trends behind it. As technology evolves, talent and capital once concentrated in Silicon Valley are increasingly moving into crypto, blockchain, and Web3 ventures. Regulation is also accelerating. In the […]