Disruption Banking Weekly Highlights (22)
Disruption Banking
#DisruptionBanking: bringing news about DeFi, capital markets, and all things blockchain to Investment Managers
After a busy week at the Unchain Fintech Festival in Oradea (more coverage of the event to follow), it’s time to catch up with the latest articles from #DisruptionBanking.
Adéníyì Mákindé analysed trends on crypto markets and in particular the price trajectory of Worldcoin. Founded by Sam Altman and launched in October 2021, Worldcoin aims to establish a universally accessible and inclusive global economy through blockchain technology. These use-cases have generated considerable optimism that its price could appreciate in the months to come:
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Ayanfe Fakunle then looked into “memecoins,” which have seen a resurgence in 2024. In the first quarter of this year, memecoins were the most profitable type of crypto. Ayanfe writes that “this growth can be attributed to a combination of community engagement, social media buzz, and speculative trading.” More here:
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In a deep-dive piece, Laird Dilorenzo investigated the Do Kwon story. The disgraced Terra CEO is currently holed up in a prison in Montenegro and is fighting extradition to South Korea and the US. Laird explores how the Do Kwon saga is causing a big splash in Balkan politics:
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Finally, we looked into the promises made by Peter Orszag, the new CEO of Lazard who took the reins in October last year. Orszag promised to double the firm’s revenue by 2030. However, with discontent simmering in the Lazard ranks, how credible does that promise now look?
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Make sure to check back next week for more from the #DisruptionBanking team.