Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Ethereum postponed the Glamsterdam testnet fork after ChainSecurity warned that proposed gas changes could undermine existing smart contract safeguards. Bitcoin mining competition intensified as network hashrate reached a seven-month high despite the industry’s shift toward AI. Separately, Starknet voters backed research into becoming an independent layer-1 blockchain.

Ethereum developers have postponed the Glamsterdam hard fork on the Hoodi testnet after researchers identified gas-related security risks that could affect how existing smart contracts handle failed transactions.

The Ethereum Foundation (EF) said that the upgrade, originally scheduled for Oct. 26, would be delayed to allow developers to investigate how some proposals interact with smart contracts deployed on Ethereum. 

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