🔍 Daily crypto market overview: Global market cap: $2.43 | mdsarwar on Binance Square

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🔍 Daily crypto market overview:
Global market cap:  
$2.43T(+0.14% in 24h)
24h Trading volume: 
$49.89B(-36.19%)
Bitcoin dominance: 
54.24%(+0.11%)..

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💀 Rumors of Ethereum’s demise are exaggerated. Remember that price =/= tech. In fact, it’s a terrible metric for gauging influence and adoption in the short term. Ethereum still dominates the Web3 space, with EVM chains and L2s exploding in number and users. It’s still the #1 set of technologies for decentralized computation. Sure, there’s a lot of activity going on elsewhere – and that’s great. More competition means better technology overall. Ethereum remains a hugely important part of the crypto world. #USElections2024Countdown #EthereumWhitepaper

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Legal & General (L&G), managing $1.5tr in assets, is planning to enter the blockchain-based tokenization space. The firm is evaluating ways to offer tokenized versions of its Liquidity funds, aiming to improve efficiency and expand access to investments. #tokenization #L&G

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DBS Bank, Singapore's largest bank, has introduced "DBS Token Services," offering blockchain-based solutions for institutional clients. The service integrates tokenization and smart contracts with the bank’s existing infrastructure, enabling features like Treasury Tokens for multi-currency settlements, Conditional Payments for improved payment workflows, and Programmable Rewards for managing digital voucher programs. #TaxEvasionDrama #DBSxTheSandbox

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Kenya is introducing a new tax system for cryptocurrencies, with real-time tracking of transactions through exchanges. This system will record key transaction details like time and value for taxation purposes. #KenyaTaxUpdates

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