ARB, the native token of Arbitrum, a layer 2 Ethereum scaling platform, is the leader within its sector after posting a 49.49% move over the past month. While the market price action of the last week has negatively impacted altcoins and ARB price, longer-timeframe data suggests that ARB could resume its bullish momentum. Arbitrum dominates…
The role of a nonce in a blockchain A nonce, short for “number used once,” is a special number that is assigned to a block in a blockchain during the mining process. It is an essential part of the proof-of-work (PoW) consensus mechanism. The nonce, serving as a cryptographic puzzle, is a variable that miners manipulate to produce…
The United States Securities and Exchange Commission (SEC) will likely still go ahead with a decision on spot Bitcoin exchange-traded funds this week despite opening an investigation into a recent hack of its social media account. The SEC’s X account was “compromised” on Jan. 9, leading to an unknown party using the account to post that spot…