Yes, we are in the final quarter of 2021, fall/autumn fashions and weather and the last 3 months for businesses to show results and our experts have been working hard to bring you their insights based on their experience as investors, entrepreneurs & executives.
Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at Kryptonio a “keyless” non-custodial bitcoin and cryptocurrency wallet, that lets users manage bitcoin and crypto, without private keys or passwords and Weekly Columnist at Daily Fintech) @iliashatzis wrote Evergrande is the trigger to a crypto economy
China has banned Bitcoin more times than I can remember. On Friday, China declared that all crypto transactions are illegal driving a sell-off of Bitcoin, Ethereum, and other cryptocurrencies. The market value of the world’s cryptocurrencies tanked to a low of about $1.8 trillion, falling roughly 9% and losing $188 billion in value within just three hours of China’s announcement, according to CoinMarketCap.
Editor note: China is the poster child for centralized control, so it’s leaders are bound to try to stop Bitcoin but honey badger don’t care!
It is easy to place your bets as all three companies are publicly traded. Square is part of the Fintech 50 Index. Facebook and Twitter are big media businesses.
Bias disclosure. While I have no commercial stake at time of writing I do have two biases.
Editor note: Square is a great company, possibly overvalued and too exposed to small business that got hammered by the pandemic.
Rintu Patnaik, an Insurtech expert based in India, wrote:Risk Exchange Platforms for Reinsurance Gain Prominence
The future of reinsurance (RI) markets is being reshaped by new technology, alternative capital and reinsurers bundling value-added services with reinsurance. These forces are leading to new trends, in a backdrop of changing RI buying patterns, emerging risks and the realities of ever changing regulation. Placement processes have evolved at a slow pace while acquisition costs are on the rise. The reinsurance placement process includes discovering RI prices, agreeing to contract terms and conditions, and allocating limits among several reinsurers. It is a complex, slow and expensive process that involves face-to-face meetings with numerous handovers. The ensuing inefficiency and opacity makes this market ripe for more automation.
Editor note: Rintu shines a light on part of the Insurance business that is very important but that few understand.
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