Ethereum Glamsterdam Upgrade Delayed Over Smart Contract Security Risks

Ethereum developers have postponed the Glamsterdam upgrade on the Hoodi testnet after researchers identified potential security risks involving existing smart contracts, leaving the network’s next major development milestone without a confirmed activation date. The decision comes as ETH trades under $2,400, with the token losing around 0.5%. The Ethereum Foundation announced the delay last night, canceling the Hoodi activation scheduled for October 26. Developers want more time to investigate how proposed gas-accounting changes could interact with contracts already deployed on Ethereum mainnet. No replacement date has been announced for the testnet upgrade, and the mainnet schedule remains undecided. Ethereum Holds Near $2,400 as Glamsterdam Delayed Ethereum (ETH) 24h 7d 30d 1y All time ETH price is fluctuating between $2,370 and $2,415.

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