Ethereum's GlamBeacon Upgrade Delayed Due to Smart Contract Security Concerns
The planned October 26 activation of the GlamBeacon upgrade on Ethereum's Hoodi testnet has been postponed due to identified smart contract security risks.
The planned October 26 activation of the GlamBeacon upgrade on Ethereum's Hoodi testnet has been postponed due to identified smart contract security risks. Ethereum (ETH) is trading at ₹2,28,452 ($2,407.26), down 0.2% since this brief published. This is an original Token Times brief based on reporting by Blockonomi, with live market data added, as of Fri, 23 Oct 2026 15:00:02 UTC.
The postponement highlights the Ethereum network's commitment to security while potentially delaying improvements in transaction capacity and gas management. This decision affects developers and users anticipating network enhancements.
- GlamBeacon activation on Hoodi testnet delayed due to security risks.
- ChainSecurity identified 13 cases of potential smart contract vulnerabilities.
- Planned gas limit increase to 200 million has been removed from the test.
- Ethereum price remains stable around $2,400 amid broader market neutrality.
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- Ethereum's GlamBeacon Upgrade Delayed Due to Smart Contract Security Concerns — this brief
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Ethereum development team has postponed the activation of the GlamBeacon upgrade on the Hoodi testnet, which was originally scheduled for October 26. This decision follows the identification of potential smart contract security risks by ChainSecurity, which reported 13 real-world cases where vulnerabilities could be exploited.
The postponement means that the planned gas limit increase to 200 million, which was part of the Hoodi test, has been removed. This change is significant as it indicates a prioritization of security over immediate network improvements. Developers are currently reassessing the upgrade in light of the identified risks.
According to Crypto.news, developers are also examining a repricing proposal for contracts already on the mainnet. This suggests a broader review of the network's economic model and its resilience to potential attacks.
Ethereum's price has remained relatively stable, currently trading at $2,412.63, with a 0.12% increase over the past 24 hours. This stability comes amid a flat broader market, with the total crypto market cap at $2.81 trillion and the Fear & Greed Index at 50, indicating a neutral sentiment.
The postponement of the GlamBeacon upgrade underscores the Ethereum network's commitment to security and stability. Investors and developers will be watching for updates on the new activation timeline and the outcome of the ongoing contract risk assessments. The market's reaction to these developments will be closely monitored, particularly as Ethereum continues to be a major player in the smart contract platform space.
Since this brief published about 2 hours ago, Ethereum (ETH) has moved from ₹2,28,961.80$2,412.63 to ₹2,28,452.18$2,407.26 — -0.22%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹249,163.45 (about $2,407.26), down 0.2% over 24 hours. The rupee itself trades about 9.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Ethereum's GlamBeacon Upgrade Delayed Due to Smart Contr — questions & answers
Why was the GlamBeacon upgrade postponed?
The upgrade was postponed due to ChainSecurity identifying 13 cases of potential smart contract security risks.
What changes were planned for the Hoodi testnet?
The Hoodi testnet was set to undergo the GlamBeacon upgrade and a gas limit increase to 200 million.
How is Ethereum's price reacting to the postponement?
Ethereum's price remains stable at $2,412.63, with a slight 0.12% increase over the past 24 hours.
How much is 1 Ethereum worth in rupee today?
About ₹249,163.45 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,407.26. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.22% since this brief first published — trading at ₹2,28,452 ($2,407.26) now versus ₹2,28,962 ($2,412.63) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.