While the crypto industry at large celebrated the long-awaited, landmark approval of spot Bitcoin ETFs in the United States, not everyone was pleased with the Securities and Exchange Commission’s decision. In a Jan. 10 statement, SEC Commissioner Caroline Crenshaw — one of two commissioners to vote against the approval — wrote that the agency’s move to greenlight the Bitcoin-based…

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…

Developers of Binance’s BNB Smart Chain want to merge the dual BNB Beacon Chain (BEP-2) and BNB Smart Chain (BEP-20) chain structures into a single blockchain. According to the Jan. 8 announcement, users are “strongly recommended” to transfer their BEP-2 and BEP-8 (mini BEP-2 tokens) to the BEP-20 chain, which will preserve assets on a 1:1…

The United States Securities and Exchange Commission has begun accepting filings by exchanges in a step toward approval of spot Bitcoin exchange-traded funds (ETF). 19b-4 amendments were filed for spot BTC ETF applications from asset managers BlackRock, Valkyrie, Grayscale, Bitwise, Hashdex, ARK 21Shares, Invesco Galaxy, Fidelity, Franklin Templeton, VanEck and WisdomTree. Most companies have now also filed…