A schedule of court hearings in the case of former FTX executive Sam Bankman-Fried has appeared online. They start next Wednesday October 4th and run until November 9th.

So we are waiting for interesting details about the situation inside Sam’s crypto empire over the coming weeks.

What Happened to John McAfee? Spanish Court Confirms Death By Suicide

https://coingape.com/what-happened-to-john-mcafee-spanish-court-confirms-death-by-suicide/?utm_source=mike&utm_medium=telegram

Today another difficulty change took place on the Bitcoin network. The indicator increased by 0.35 percent and set a new high at 57.32 T. So mining BTC has never been so difficult.

Sam Bankman-Fried’s Attorneys To Cross-Examine Gary Wang Regarding Alameda Loans https://coingape.com/sam-bankman-frieds-attorneys-to-cross-examine-gary-wang-regarding-alameda-loans/?utm_source=Telegram&utm_medium=Mike

The number of active addresses interacting with the USDT stablecoin has reached a three-month high. This mainly occurs through deposits to exchanges, which are clearly carried out for the further purchase of other cryptocurrencies.

Also, holders of wallets with between 100 thousand and 10 million USDT have replenished their own stable reserves by $141.8 million since September 15.

Breaking: Mike Novogratz Says SEC To Approve Spot Bitcoin ETF This Year https://coingape.com/mike-novogratz-sees-spot-bitcoin-etf-approval-by-sec-this-year/?utm_source=Telegram&utm_medium=Mike

Despite the crypto market's wild swings due to fake news this week, the Bitcoin Investor Fear and Greed Index remains neutral. Today it is estimated at 50 points out of 100, so the activity of crypto lovers leaves much to be desired.

Here is a graph of the indicator for the month.

Bitcoin (BTC) Hits New 2023-High at $35,000 Amid BlackRock’s Move https://coingape.com/bitcoin-btc-hits-new-2023-high-at-35000-amid-blackrocks-move/?utm_source=Telegram&utm_medium=Mike

The fear and greed index reached 66 points 🐹

The index shows that people are starting to experience a little FOMO. Bitcoin $34,500, Ethereum $1,840, and some altcoins even showed a 100% increase in one day.

Many market participants were expecting a fall and the majority of people kept their deposits in stablecoins.

Are you into stablecoins or crypto?

The Trilemma of Scalability, Security, and Decentralization in Blockchain.

In the world of blockchain, we often hear about the intricate balance between scalability, security, and decentralization. This trifecta can sometimes feel like a tightrope walk, but as technology advances, so do our solutions.

💡 Vitalik Buterin's 'Endgame': Check out his thought-provoking article link where he boldly states that blockchains can't be both scalable and decentralized simultaneously – and that's okay!
🔗 How Do We Overcome This Challenge? There are smart approaches like sharding and Layer 2s (L2s). Sharding divides a blockchain into smaller, more agile pieces to boost transaction capacity. L2s operate on top of a blockchain to enhance scalability and efficiency.
🌟 The Difference Maker? We present DAG (Directed Acyclic Graph) architecture that maintains scalability and decentralization at every level – not just for the entire system but also for its components.
🚀 Waterfall's Journey: We've already implemented DAG on the shard network, combining scalability and decentralization for every shard. By applying DAG to the coordinating network, we're aiming for virtually unlimited scalability while preserving decentralization.
🔗 Parallel proceccing & EVM.With a nearly identical block structure to Ethereum, we leverage the actual EVM (Ethereum Virtual Machine) and parallel processing to achieve virtually unlimited.
🔒 Why Does Decentralization Matter? Some say, "Nobody cares about decentralization." But consider this: decentralization enhances security. A distributed system on 20,000 servers is inherently more reliable and resilient against manipulation than one on just 20 servers, each owned by a different entity.
🌐 Why Layer 1s Matter: It's more than just scalability and parallelization – these are the core features we emphasize. Think of it like the transition from single-core to multi-core processors in PCs. It's all about speed and parallelism, opening doors to a world of new possibilities and solutions!

Join Waterfall communities to stay informed and never miss out on updates!
Telegram: https://t.me/waterfall_network
Twitter: https://twitter.com/waterfall_dag

The supply of ETH continues to increase: over the past month, the number of ethers in circulation has increased by almost 33 thousand units.

As we noted earlier, this is due to low user activity on the blockchain, which results in low transaction fees and corresponding ETH burns.

Ripple Eyes Over $150 Mln Deduction In SEC Fine, Here’s Why https://coingape.com/ripple-eyes-over-150-mln-deduction-in-sec-fine-here-why/?utm_source=Telegram&utm_medium=Mike

Will we break 40k anytime soon? 😄

Breaking: BlackRock Files For Spot Ethereum ETF, ETH Price To Rally? https://coingape.com/blackrock-files-for-spot-ethereum-etf-eth-price-to-rally/?utm_source=Telegram&utm_medium=Mike

This is how the rating of smart contracts in the Ethereum network looks like, whose users spent the most gas on transactions over the last month. As you can see, exchanges on the decentralized exchange Uniswap are especially to blame for the growth of commissions the day before.

The second place is occupied by ordinary transfers of coins and tokens.

ECB Warns of Overvaluation Risks Amid AI Surge in Financial Markets https://coingape.com/ecb-warns-overvaluation-risks-amid-ai-surge-financial-markets/?utm_source=Telegram&utm_medium=Mike

Tonight we are expecting another record of Bitcoin mining difficulty. Judging by the forecasts, the indicator will grow above the 67T mark, which means that mining BTC will be harder than ever.

Obviously, miners continue to work and want to mine as many coins as possible before the cryptocurrency halving in the spring of 2024.

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The hype around tokens related to the artificial intelligence industry continues. Their trading assets started to grow actively in mid-October and are now near their six-month high.

Here is the corresponding chart from Kaiko.

BitMEX Announces Terra Classic (LUNC) Perpetual Contract Listing After USTC https://coingape.com/bitmex-announces-terra-classic-lunc-perpetual-contract-listing-after-ustc/?utm_source=Telegram&utm_medium=Mike

BlackRock and Bitwise have updated filings under the regulator's requirements to launch spot bitcoin-ETFs 👍

This suggests that the SEC is trying to work with the companies rather than just rejecting decisions.

Many analysts believe bitcoin ETFs will be approved as early as January 2024 👀