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Ethereum faces renewed selling pressure after a failed recovery attempt, increasing the possibility that ETH may test the $2,000 level before finding a durable market bottom. The cryptocurrency traded near $2,390 on October 23, retreating sharply after briefly touching $2,500. Over the past month, Ethereum has declined about 13%, with buyers repeatedly intervening to support the $2,300 region.
Heavy Liquidations and Technical BarriersRecent market turbulence triggered around $75.4 million in total ETH liquidations, according to CoinGlass data cited by Invezz. Notably, $63.7 million stemmed from leveraged long positions, highlighting the vulnerabilities present when traders expect rising prices using borrowed funds.
At the start of October, Ethereum traded above $2,700, but momentum soon faded. Repeated rebound attempts failed to sustain higher prices, drawing ETH back toward $2,400. This latest decline follows an earlier October selloff, as rising US Treasury yields and a strengthening dollar weighed on cryptocurrency valuations.
Ethereum currently trades below its key short-term moving averages. The $2,480 to $2,550 zone has consistently served as a ceiling, preventing any robust recovery. Analysts suggest that a decisive breakout above this level is needed to generate sustained positive momentum and revive prospects for a move toward $2,700 or $2,800.
ETH’s technical outlook remains fragile, with buyers under pressure and liquidations intensifying following recent failed rebounds.
Earlier analysis of ETH derivatives revealed that concentrated bullish positions can aggravate downside moves when key support levels break. This dynamic continues to pose a risk, as leveraged traders could trigger forced selling that accelerates any decline rather than containing it.
Staking Trends and Network DevelopmentsDespite price weakness, Ethereum’s network has seen increased staking activity. Bitwise, a crypto asset manager known for its industry research and investment products, recently reported record levels of institutional staking, even as yields decrease. This trend indicates that long-term holders are still participating actively on the network, even as price volatility persists.
Staking generally reduces the liquid supply of ETH available on exchanges. However, analysts caution that diminished supply does not guarantee higher prices, as demand must still counteract selling by existing holders, derivatives traders, and other market participants.
Coinpaper previously highlighted how a $2 billion exit queue raised concerns over potential selling pressure. However, not all withdrawals are destined for exchanges, and large exit queues do not necessarily signal imminent sell-offs.
Ethereum’s upcoming Glamsterdam upgrade introduces further improvements aimed at increasing network efficiency. This technical update could enhance scalability, though such developments do not necessarily drive immediate demand for ETH.
Mini dictionary: Glamsterdam upgrade, a planned Ethereum network enhancement focused on improving transaction efficiency and scalability, forming part of the ongoing roadmap for Ethereum’s technical evolution.
Key Price Levels and OutlookLooking ahead, the $2,300 to $2,350 support band represents the immediate downside area to monitor. Buyers recently protected levels such as $2,313 and $2,325 in mid-October, emphasizing the significance of holding above this region.
Should the price fall below $2,300, technical reference points emerge at $2,200 and $2,025. Breaching these levels could bring the $2,000 mark into view as a realistic bearish target, rather than a distant possibility.
Price LevelSignificance$2,700+Pre-October high, bullish target if recovery holds$2,480–$2,550Major resistance, must be broken for upside momentum$2,300–$2,350Key support, tested in October$2,200 / $2,025Technical support levels below current market price$2,000Plausible bearish target on further breakdownAlternatively, if Ethereum can reclaim the $2,500–$2,550 region, a deeper recovery toward $2,700 or $2,800 could take shape. Previous attempts to break out above resistance were short-lived, suggesting sustained buying is needed for a lasting reversal.
Institutional sentiment about Ethereum remains mixed, with bank analysts like Citi previously noting a $3,028 price target over a 12-month horizon, but emphasizing this is not an immediate goal.
The Ethereum Foundation has announced that the Glamsterdam upgrade, originally set to activate on the Hoodi testnet at 17:42:48 UTC on October 26, 2026, has been delayed, with a new activation date yet to be confirmed. Core developers decided to postpone the upgrade during the 248th Ethereum Consensus Layer Developer Meeting (ACDE #248) to further investigate interactions between EIP-8037 and Ethereum mainnet smart contracts. The delay cancels the original plans for the Amsterdam execution layer activation and Gloas consensus layer activation, and also revokes the prior plan to raise the Hoodi testnet’s gas limit to 200 million in the same cycle. The Ethereum Foundation stressed that this adjustment only rolls back configurations for future upgrades and will not revert historical on-chain data on the Hoodi testnet. The upgrade originally scheduled for October 26 is no longer on the agenda; the new activation cycle and specific timing will be announced at a later date.
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Brent crude touched $115.84 on Friday, its highest level since May. Houthi attacks on Saudi Arabia and fears of new US strikes on Iran drove the move.
Other energy prices were mixed, Trading Economics data show:
West Texas Intermediate (WTI) crude rose 1.35% on the day to $100.81. Heating oil gained 1.48% to $5.01 per gallon. US natural gas fell 2.86% to $2.72 per million British thermal units (MMBtu). Brent Crude Daily Price Chart Showing the Climb to its Highest Level Since May. Source: TradingViewThe rally landed on markets still shaken by a tech selloff. Crypto also slipped as investors pulled back from risk.
Gulf Attacks Put a Risk Premium Back on OilYemen’s Houthis said they hit Saudi energy targets, including an Aramco site in Yanbu and the Shaybah oilfield. Aramco later ordered staff out of its Dhahran headquarters on the Gulf coast.
OilPrice noted that this suggests the group can now strike well beyond its usual Red Sea targets. A pipeline shutdown in Libya also cut output at two fields.
ING analysts cited reports that Trump is weighing fresh Iran strikes as a second US carrier deploys. The bank now calls its earlier $80 fourth-quarter Brent forecast unattainable. Brent first reached a five-month high earlier this week, BeInCrypto reported.
“If anything, re-escalation seems the most likely path. As a result, our expectation that ICE Brent would average $80/bbl over 4Q26 is looking unattainable. Even if tensions don’t re-escalate, the mere possibility is likely to keep a sizeable geopolitical risk premium embedded in prices,” the analysts said.
Still, commodity trader Jack Prandelli sees a split. He noted Dated Brent, the physical cargo price, slid from about $135 in early October to around $118.
The oil market is sending 2 different messages.
Dated Brent, the price of physical cargoes, has dropped from about $135 in early October to around $118.
Brent futures have gone the other way, up to about $112.
The gap between them has shrunk from roughly $30 to under $10 in 3… pic.twitter.com/BXInybZC0i
— Jack Prandelli (@jackprandelli) October 22, 2026 Follow us on X to get the latest news as it happens
Tech Selling and Rate Fears Weigh on Risk AssetsThe oil rally arrived amid a sharp drop on Wall Street. On Thursday, the Nasdaq Composite fell 2.6% to 26,008.86, while the S&P 500 lost 1.21%.
Meta led the decline, falling nearly 7% after raising its 2026 spending floor to $135 billion.
Crypto did not escape Thursday’s selling on Wall Street. That spillover shows in BeInCrypto Markets data. Total crypto market capitalization fell 3.74% in 24 hours to $2.76 trillion. Ethereum (ETH), XRP (XRP), and TRON (TRX) were among the major assets trading lower.
Analyst Benjamin Cowen tied that volatility back to oil.
Oil adds pressure through interest rates. Higher crude feeds inflation expectations and strengthens the case for tighter Fed policy.
Traders still saw about an 83% chance that the Fed holds rates at its October 27-28 meeting. Renewed energy price gains, however, could shift those odds.
Next week brings two tests. The Fed announces its rate decision on October 28, and Microsoft, Amazon, and Alphabet report earnings.
Whether Brent holds above $115 into those events may decide how quickly risk appetite returns.
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Customers in the Netherlands, Poland, Portugal and Austria can now buy crypto on Paybis through a banking app or a payment reference, with no card details needed. The four methods are the first wave of 13 local payment methods Paybis is adding.
Riga, Latvia October 23, 2026 — Paybis, a global crypto exchange and payment infrastructure provider, today added four local payment methods for buying crypto in Europe. Customers can now pay with iDEAL in the Netherlands, BLIK in Poland, Multibanco in Portugal and EPS in Austria. Cards and bank transfers remain available, but they are no longer the only options.
Four new local payment methods live today: iDEAL, BLIK, Multibanco and EPS.
No card details needed: customers confirm payment in their banking app or pay a Multibanco reference.
More than 90 cryptocurrencies are available, including Bitcoin, Ethereum, Solana and USDC.
First wave of 13 local payment methods; Paybis will support more than 30 ways to pay once all are live.
Local payment methods at national scale
The four methods operate at scale in their home markets. BLIK had 21.6 million active users in Poland at the end of June 2026, according to its operator, Polish Payment Standard. iDEAL processed more than 1.5 billion transactions in 2025 and handled 71% of online purchases in the Netherlands, according to the Dutch Payments Association. The Multibanco network has around 13,000 machines across Portugal, according to SIBS. EPS is offered by more than 11,000 online shops in Austria.
Four methods, four markets
iDEAL Netherlands
Bank selection and confirmation in a banking app
Limit per payment: EUR 50,000
BLIK Poland
Six-digit code from a banking app
Limit per payment: PLN 50,000
Multibanco Portugal
Payment reference, paid at an ATM or in a banking app
Limit per payment: EUR 5,000
EPS Austria
Bank selection and confirmation in online banking
Limit per payment: EUR 10,000
Simple crypto, paid locally
Each method works the way it does for any other online payment in its market. The customer chooses the method at checkout and confirms the payment through their bank, or pays the Multibanco reference. No card details are needed. The crypto goes to the customer’s Paybis Wallet or to any external wallet address. Customers can choose from more than 90 cryptocurrencies, including Bitcoin, Ethereum, Solana and USDC.
“Europe does not pay one way. A customer in Amsterdam reaches for iDEAL, a customer in Warsaw reaches for BLIK, and neither should need a card to buy crypto,” said Innokenty Isers, CEO and Founder of Paybis. “Now customers in the Netherlands, Poland, Portugal and Austria can pay the way they already pay for everything else online. Our philosophy is making crypto easy, and adding local payment methods market by market is how we do that.”
What comes next
iDEAL, BLIK, Multibanco and EPS are the first of 13 local payment methods Paybis is adding. Bancontact, KBC/CBC Bank and Belfius Pay in Belgium and Bancomat Pay in Italy follow in the next wave. Swish, Przelewy24, Vipps and MobilePay come after that. Once all are live, Paybis will support more than 30 ways to pay.
About Paybis
Paybis makes crypto simple for individuals and enterprises. Established in 2014, the company combines a trusted crypto exchange and wallet for buying, selling, swapping and holding over 90 cryptocurrencies, with award-winning crypto-fiat infrastructure. That infrastructure lets businesses transfer capital globally without traditional payment friction.
In 2026, Paybis was recognized as Best Crypto Payment Provider, a testament to its expansive global reach, rapid onboarding protocols, and the deep expertise of the 200 dedicated professionals who drive its operations.
Processing more than $6 billion annually, Paybis is one of the most efficient platforms for acquiring and transacting in digital assets. This commitment to operational excellence is why Paybis maintains one of the highest ratings for crypto companies on Trustpilot, and why 7 million users and hundreds of the world’s fastest-growing enterprises consistently rely on its services.
Ethereum’s [ETH] main upgrade agenda in 2026 has hit a hiccup. The much-awaited Glamsterdam upgrade, initially scheduled to go live on the Hoodi testnet on the 26th of October, has been cancelled.
According to security firm Chain Security, the Hoodi testnet was paused after they identified security flaws that have already impacted 13 projects and counting.
We already found 13 real-world examples and are in responsible disclosure with the affected projects. Please check your contracts as soon as possible, as the EF is determining how many contracts are impacted in which way.
The flaw would make it impossible to retry cancelled transactions. It would also make it easier for attackers to compromise a smart contract with little gas (fee paid to use a network).
Glamsterdam upgrade seeks to scale Ethereum even further by increasing the block gas limit from 60 million to 200 million and allowing parallel transaction handling. Ideally, the upgrade would make Ethereum high-performance like newer chains such as Solana and Sui.
The upgrade had a smooth completion in the Sepolia Testnet in early October. This is the first low-risk setup for developers and validator operators to evaluate compatibility. The Hoodi Testnet, which has been paused, acts as the final staged environment before pushing the upgrade to Ethereum mainnet (live network).
So the security flaw was a great catch before it reached the mainnet. That said, Solana achieved 85x faster transaction finality, further increasing its gap with Ethereum.
Ethereum vs. Solana: The gap keeps widening
After Solana’s Alpenglow, it is now 57x faster than Ethereum and has 275x more capacity. It’s the capacity bandwidth that Ethereum is trying to resolve by increasing the block gas limit from 60 million to 200 million.
Source: X/Justin Bons
On transaction finality, it takes Ethereum over 12 minutes to finalize irreversible transactions. For Solana, it now takes 150-200 microseconds, translating to 3,800x faster than Ethereum.
Collectively, this has allowed Solana to attract 75x more usage, and that’s the gap Ethereum wants to close. In fact, Solana also announced Alpenglow adaptations to usher in its post-quantum plan called Quantumglow.
Despite the Glamsterdam testnet hiccup, Ethereum is reportedly planning for 4x faster finality. That would mean bringing finality from over 12 minutes to about 3 minutes. It will still be slower compared to Solana’s 0.15 seconds.
The proposal, also known as Decoupled Consensus, seeks to offer a cleaner pathway to post-quantum signatures and is expected in early 2028.
Overall, Ethereum is still lagging Solana and needs to fast-track its upgrades as the gap keeps widening.
Final Summary
Ethereum has cancelled the Hoodi testnet activation for Glamderstam upgrade due to security flaws.
Ethereum lags behind Solana across finality, capacity, and more as the race for high-performance blockchain intensifies.
TLDR Ethereum developers postponed the Glamsterdam upgrade on the Hoodi testnet, which was set for October 26, 2026, and no new date has been set. Security firm ChainSecurity warned that gas changes in EIP-8037 and EIP-8038 could weaken protections against insufficient gas griefing attacks. ChainSecurity says it has found 13 real-world smart contracts that could be affected and is working with those projects on responsible disclosure. Mainnet users and ETH holders do not need to take action, but node and validator operators must update their client software. A December mainnet launch is still possible, with a revised Hoodi date expected after Devcon on November 3 to 6. Ethereum developers have postponed the Glamsterdam upgrade on the Hoodi testnet. The upgrade was set to go live on October 26, 2026. No new date has been announced.
The decision was made during All Core Devs Execution call #248. The Ethereum Foundation said the delay gives developers time to study how some proposed changes interact with smart contracts already on Ethereum.
What the Delay Covers The postponement removes three planned changes from the October 26 date. These are the Amsterdam execution layer activation, the Gloas consensus layer activation, and a plan to raise Hoodi’s gas limit to 200 million.
The delay does not undo Hoodi’s chain history. Mainnet users and ETH holders do not need to take any action.
Node and validator operators must update their software. Clients such as Lodestar, Besu, and Nethermind must run versions that confirm the October 26 activation has been removed.
Glamsterdam already went live on the Sepolia testnet on October 6. Sepolia is not affected by this delay.
Security Firm Raises Gas Concerns On October 13, blockchain security firm ChainSecurity warned about two proposals in Glamsterdam, EIP-8037 and EIP-8038. The firm said these changes could weaken protections against an attack known as insufficient gas griefing.
In this type of attack, a caller gives a smart contract too little gas to finish a valid task. ChainSecurity said the new rules could let gas return to a contract after an operation fails, so it keeps running when it would have stopped before.
This could cause problems for contracts that rely on gas checks for security. For example, a contract could remove a user’s claim or block a retry, leaving the user unable to complete a valid action.
ChainSecurity said not all gas-based safety checks would fail. Some would still work, but developers would need to review them against the new rules.
On October 21, security researcher pcaversaccio called the risks “serious” in a GitHub comment. The researcher asked developers to reassess the hard fork.
The Ethereum Foundation had earlier warned that Glamsterdam’s gas model could break some wallets, indexers, and gas estimators that rely on fixed assumptions.
Glamsterdam is Ethereum’s main scaling upgrade for 2026. It includes enshrined proposer-builder separation under EIP-7732, block-level access lists under EIP-7928, and gas repricing under EIP-8037 and EIP-8038.
Developers had been looking at early December for a mainnet launch, depending on successful Hoodi testing. The fourth quarter window remains open, with a revised Hoodi date expected after Devcon, which runs November 3 to 6.
ETH’s price showed little reaction, since the issue affects only the testnet. Institutional buying has continued, with SharpLink deploying $400 million of its ETH treasury on-chain and BitMine adding 12,535 ETH.
On Friday, ChainSecurity said it had found 13 real-world examples of smart contracts that could be affected. The firm did not name the projects and said it is working with them on responsible disclosure. It urged developers to check their contracts as soon as possible.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The largest U.S. public pension fund has significantly reduced its holdings in the "Magnificent Seven" tech stocks, shifting to increase allocations to private equity.
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Jackson.ll (@0xOar), developer of Binance Wallet’s web version, posted today, stating: “Agent ID is being used in various ways, but users should also carefully check risk warnings. Enabling developer mode for the Agent means you can sign unverified contract transactions... Potential risks need attention. You can close the mode immediately after minting, or wait for products from verified developers.” He Yi subsequently retweeted the post. Earlier reports indicated that multiple minting projects exclusive to Binance Agent Wallet have recently emerged in the market, with some requiring developer mode activation.
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YuShu Technology, listed on China's A-share market, surges to its 20% daily limit, with its shares rising over 46% cumulatively this week.
Alliance Partner on a16z’s Shift: To Drive Crypto Talent to Build Cutting-Edge Technology
Imran, general partner at Alliance, took to X this morning to share his views on a16z crypto’s shift toward frontier technology sectors. He noted that a16z led Coinbase’s 2013 funding round via Chris Dixon, providing early validation for the crypto industry; Marc Andreessen’s 2014 New York Times op-ed, “Why Bitcoin Matters,” was a key factor in his decision to enter the Bitcoin space. At the time, few institutions and funds were willing to publicly back crypto, with a16z and USV standing out as two that took brand risk. Imran argued that the current development of AI infrastructure owes much to Bitcoin mining infrastructure and talent that has moved from crypto to AI. The shift to frontier technologies including robotics, biotech, AI, energy, and computing power means the talent and capabilities the crypto industry has built over the past decade can be applied to the broader frontier tech space. Citing data centers as an example, he noted that public and government pushback against data centers is growing, much like earlier resistance to crypto—yet today nearly all traditional financial institutions have embraced crypto to some extent. Yesterday’s news: a16z’s flagship blockchain fund will drop the “Crypto” moniker and rebrand as “a16z Frontier.”
According to data from Farside, U.S. spot Bitcoin ETFs posted a net outflow of $635 million yesterday. Among them, BlackRock’s IBIT saw a net outflow of $254 million, Fidelity’s FBTC recorded a net outflow of $217 million, and ARK’s ARKB had a net outflow of $109 million. Additionally, U.S. spot Ethereum ETFs reported a net outflow of $110 million yesterday, with BlackRock’s ETHA seeing a net outflow of $75.5 million and BlackRock’s ETHB recording a net outflow of $17.2 million.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Ethereum developers have postponed the Glamsterdam upgrade on the Hoodi testnet over smart contract compatibility concerns, canceling its October 26 activation and a planned increase to a 200 million gas limit.
Summary
Ethereum developers postponed Glamsterdam’s October 26 Hoodi testnet activation to investigate EIP-8037 smart contract compatibility concerns. The postponement cancels the scheduled 200 million gas limit increase without reversing Hoodi’s existing blockchain history. ChainSecurity warned that proposed gas changes could affect smart contracts handling failed transactions and retry mechanisms. Hoodi node operators must update their execution and consensus clients to remove the canceled October 26 activation. Ethereum has not announced replacement Hoodi or mainnet activation dates, leaving proposed December targets unconfirmed. According to the Ethereum Foundation’s October 22 announcement, the decision followed discussions during the All Core Developers Execution meeting, where developers agreed to investigate how EIP-8037 interacts with existing mainnet contracts. The Foundation has not announced a replacement testnet activation date.
Ethereum postpones Glamsterdam on Hoodi testnet The upgrade was originally scheduled to activate on October 26 at 17:42:48 UTC, corresponding to Hoodi epoch 132,352. Developers have removed the Amsterdam execution-layer activation and the Gloas consensus-layer activation from the revised configuration.
The postponement removes the scheduled increase in Hoodi’s gas limit to 200 million, which developers intended to examine alongside other protocol changes. However, the Foundation clarified that this adjustment affects a future network upgrade and does not reverse Hoodi’s existing transaction history.
The decision changes the previously announced Hoodi schedule, as crypto.news reported on October 19. The testnet activation was intended to examine how execution and consensus clients handled Glamsterdam’s changes before developers selected a mainnet date.
Ethereum researcher Christine D. Kim warned Hoodi node operators that the October 26 activation had been canceled. She advised operators to revert to suitable older software versions or install updated execution clients that remove the scheduled upgrade.
PSA: Hey #ethereum node operators who are on the #hoodi testnet, PLEASE NOTE THE HOODI UPGRADE NEXT MONDAY HAS BEEN CANCELLED. Revert to an older release without the Hoodi upgrade scheduled, or wait for your EL client team to release a new version that cancels the upgrade. TY!
— Christine D. Kim (@christine_dkim) October 22, 2026 ChainSecurity identifies risks in Ethereum gas changes The postponement follows concerns involving EIP-8037, which introduces separate accounting for gas consumed when creating blockchain state. Another proposal, EIP-8038, changes the costs associated with accessing existing state.
In an October 13 technical assessment, blockchain security firm ChainSecurity warned that the proposed changes could affect how deployed smart contracts handle unsuccessful external calls. Some applications use remaining gas balances to determine whether an operation failed permanently or should remain eligible for another attempt.
Under the proposed rules, a failed operation could leave enough gas for the calling contract to continue processing when the same transaction would previously have reverted. ChainSecurity warned that such behavior could cause certain applications to record an unsuccessful operation without allowing users to retry it.
The security firm subsequently discussed its findings on X, with reports describing 13 real-world examples of potentially affected contracts. Researchers have not publicly identified the affected applications, while responsible disclosure efforts remain underway.
⚠️ It has just been decided to delay the Glamsterdam hard fork on the Hoodi testnet because of security impacts we identified in this blog post: https://t.co/UCpy6Jp5Pa
We already found 13 real-world examples and are in responsible disclosure with the affected projects.
Please…
— ChainSecurity (@chain_security) October 22, 2026 Meanwhile, these concerns cover contract mechanisms used in batched transactions, withdrawals and other operations that depend on failure-handling rules. The technical assessment describes how insufficient-gas failures could interfere with existing safeguards without requiring changes to deployed contract code.
Hoodi node operators receive revised client instructions Following the postponement, the Ethereum Foundation instructed operators to review their execution-layer and consensus-layer software before October 26. Clients retaining the original activation configuration must be updated to prevent them from attempting the previously scheduled fork.
The Foundation’s revised release table lists Lodestar v1.50.1 for the consensus layer, while execution-layer releases include Besu 26.10.1 and Nethermind 2.2.1. Ethrex v30.0.1-rc.2 appears as a prerelease, with instructions for other clients awaiting confirmation.
Validator operators must check both their beacon nodes and validator clients, including any external block-building infrastructure. The Foundation warned that releases listed in the previous Hoodi announcement should not be treated as confirmation that they support the postponement.
Ethereum’s Glamsterdam activation on Sepolia proceeded on October 6, allowing developers to examine the upgrade’s performance with a higher gas limit. The Hoodi postponement concerns a separate testnet and does not reverse the earlier Sepolia activation.
Ethereum mainnet upgrade date remains undecided Before the postponement, developers had discussed December 1, December 8 and December 9 as possible Glamsterdam mainnet activation dates. The October 22 meeting agenda proposed selecting a date the following week if Hoodi testing proceeded successfully.
None of those dates received final confirmation, and the Foundation’s latest announcement does not establish a replacement schedule. Developers must continue examining the compatibility concerns before announcing another Hoodi activation.
Glamsterdam includes enshrined proposer-builder separation and block-level access lists, changes intended to improve Ethereum’s transaction processing capabilities.
Previously, Curve Finance highlighted potential DeFi benefits, while warning that revised gas charges could affect some applications.
The Ethereum Foundation confirmed that mainnet users and ETH holders do not need to take action because of the postponement. Application developers have been instructed not to plan further Hoodi testing around the canceled October 26 activation.
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.
On Oct. 13, Blockchain security firm ChainSecurity warned that two proposals included in Glamsterdam, EIP-8037 and EIP-8038, could weaken safeguards against a type of attack called insufficient gas griefing.
The postponement raises uncertainty over Glamsterdam’s mainnet timeline. Ethereum developers had been considering early December, with plans to finalize a schedule following successful Hoodi testing.
Gas changes could undermine existing smart contract safeguardsIn its analysis, ChainSecurity said that under the new rules, gas could be returned to a contract after an operation fails, allowing it to continue running when it previously would have stopped. The researchers said the changes could interfere with existing security checks that rely on how much gas remains available during a transaction.
In attacks known as insufficient gas griefing, a malicious caller deliberately provides too little gas for a legitimate smart contract operation to succeed. ChainSecurity warned that Glamsterdam’s proposed changes could undermine safeguards against such attacks, potentially allowing contracts to permanently record failed operations.
For example, an affected contract could remove a user’s claim or disable the option to retry it, leaving the user unable to complete an otherwise valid operation.
ChainSecurity said Glamsterdam would not make all gas-related security checks unreliable. Some safeguards could still work, but developers would need to review them to ensure they account for the upgrade’s new gas rules.
The findings prompted concern among Ethereum contributors. In an Oct. 21 comment on GitHub, pseudonymous security researcher pcaversaccio described the risks as “serious” and called for a reassessment of the hard fork.
On Friday, ChainSecurity said it had identified “13 real-world examples” and was coordinating responsible disclosure with affected projects. The security firm did not disclose details of the 13 real-world examples or identify the affected projects. However, the company said developers should check their contracts as soon as possible.
The findings follow an earlier Ethereum Foundation warning that Glamsterdam’s gas model could break wallets, indexers, and gas estimators that rely on fixed assumptions. The upgrade was previously activated on Sepolia on Oct. 6, ahead of its now-postponed Hoodi deployment.
Magazine: 5 alternatives to Ledger to store your Bitcoin
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.
On Oct. 13, Blockchain security firm ChainSecurity warned that two proposals included in Glamsterdam, EIP-8037 and EIP-8038, could weaken safeguards against a type of attack called insufficient gas griefing.
The postponement raises uncertainty over Glamsterdam’s mainnet timeline. Ethereum developers had been considering early December, with plans to finalize a schedule following successful Hoodi testing.
Gas changes could undermine existing smart contract safeguardsIn its analysis, ChainSecurity said that under the new rules, gas could be returned to a contract after an operation fails, allowing it to continue running when it previously would have stopped. The researchers said the changes could interfere with existing security checks that rely on how much gas remains available during a transaction.
In attacks known as insufficient gas griefing, a malicious caller deliberately provides too little gas for a legitimate smart contract operation to succeed. ChainSecurity warned that Glamsterdam’s proposed changes could undermine safeguards against such attacks, potentially allowing contracts to permanently record failed operations.
For example, an affected contract could remove a user’s claim or disable the option to retry it, leaving the user unable to complete an otherwise valid operation.
ChainSecurity said Glamsterdam would not make all gas-related security checks unreliable. Some safeguards could still work, but developers would need to review them to ensure they account for the upgrade’s new gas rules.
The findings prompted concern among Ethereum contributors. In an Oct. 21 comment on GitHub, pseudonymous security researcher pcaversaccio described the risks as “serious” and called for a reassessment of the hard fork.
On Friday, ChainSecurity said it had identified “13 real-world examples” and was coordinating responsible disclosure with affected projects. The security firm did not disclose details of the 13 real-world examples or identify the affected projects. However, the company said developers should check their contracts as soon as possible.
The findings follow an earlier Ethereum Foundation warning that Glamsterdam’s gas model could break wallets, indexers, and gas estimators that rely on fixed assumptions. The upgrade was previously activated on Sepolia on Oct. 6, ahead of its now-postponed Hoodi deployment.
Magazine: 5 alternatives to Ledger to store your Bitcoin
Ethereum’s development team has postponed the Glamsterdam upgrade on the Hoodi test network due to security concerns raised by developers. The delay was prompted by potential risks linked to gas rule changes, specifically how these changes might affect existing smart contracts. The Glamsterdam update, which involves modifications to Ethereum’s gas-accounting system, had initially been set to increase the gas limit on the testnet to 200 million. However, these plans have been put on hold as developers seek to ensure compatibility and security before proceeding.
The postponement has influenced Ethereum market perceptions, with market participants interpreting the delay as a factor that could impact the network’s stability and future upgrades. This, in turn, has affected Ethereum’s price predictions, with a noteworthy decrease in confidence that Ethereum will reach certain price targets in October. The security concerns and the delay of the Glamsterdam upgrade are seen as contributing to a broader uncertainty around Ethereum’s near-term roadmap and technological robustness.
Key Takeaways
The delay of Ethereum’s Glamsterdam upgrade suggests potential concerns about the network’s stability and future updates.
Market pricing indicates a decrease in confidence about Ethereum reaching higher price targets in October, reflecting concerns about the network’s upgrade trajectory.
Participants appear to view the security concerns as a significant factor affecting Ethereum’s short-term price prospects.
What to Watch
Observers will be monitoring statements from the Ethereum Foundation and key developers for updates on the resolution of the security concerns. Announcements regarding a new timeline for the Glamsterdam upgrade or confirmation of resolved issues could influence market confidence. Additionally, developments in related Ethereum price prediction markets will offer insights into how participants are adjusting their expectations in response to these delays.
Ethereum core developers have postponed the Glamsterdam upgrade on the Hoodi testnet, originally scheduled for October 26, 2026.
The decision was made during All Core Devs Execution (ACDE) call #248. The aim is to allow deeper investigation into how EIP-8037’s gas accounting changes interact with existing mainnet smart contracts.
What the Delay Covers, and What It Does Not The postponement removes three things from the October 26 epoch.
It cancels the Amsterdam execution-layer activation, the Gloas consensus-layer activation, and the planned raise of Hoodi’s gas limit to 200 million.
No replacement date has been set. A new schedule will be announced separately.
The delay rolls back the Glamsterdam upgrade configuration for a future date.
It does not revert Hoodi’s chain history, and mainnet users and ETH holders need take no action.
Security firm ChainSecurity flagged that EIP-8037’s gas repricing could allow failure handlers to succeed in scenarios that previously reverted.
That could break assumptions in certain contracts. Node and validator operators must update clients, including Lodestar, Besu, and Nethermind, to releases that explicitly confirm removal of the October 26 activation.
The Glamsterdam upgrade had already activated on the Sepolia testnet on October 6, as the Ethereum Foundation confirmed the Glamsterdam Sepolia date alongside Hoodi plans. Sepolia is unaffected by this delay.
What Glamsterdam Is, and What Comes Next Glamsterdam is Ethereum’s major L1 scaling upgrade for 2026. It combines enshrined proposer-builder separation (ePBS via EIP-7732), block-level access lists (BALs via EIP-7928), and gas repricing under EIP-8037 and EIP-8038.
Together, these changes aim to raise throughput and keep state growth sustainable.
Vitalik Buterin’s push for EIP-8288 maximalism to streamline Ethereum’s execution layer shows how carefully core devs weigh every gas change.
The Hoodi pause reflects that caution. Resolving EIP-8037 will unlock the Q4 2026 mainnet window, December remains a candidate, with a revised Hoodi epoch expected after Devcon (November 3–6).
The Foundation’s broader roadmap stays intact. The Hegota upgrade targets 2027 stablecoin gas payments, and Ethereum is still on course for a fully quantum-resistant L1 by end-2029. The Hoodi pause only shifts the starting line.
Institutional demand for ETH has not cooled. SharpLink deployed $400M of its ETH treasury on-chain via EtherFi and Lido, and BitMine added 12,535 ETH to its treasury.
ETH price reaction to the delay was muted, the issue is testnet-only.
Ethereum developers have decided to postpone the Glamsterdam upgrade, scheduled for October 26 on the Hoodi testnet, due to security concerns. The decision was reportedly made to allow for a more thorough examination of potential technical risks that could affect how smart contracts operate.
The delay is based on concerns that changes to how gas costs are calculated on the Ethereum network could lead to unexpected results in existing smart contracts.
It is considered that the error handling mechanisms of smart contracts may operate differently than the current system, especially in the event that gas fees run out.
In an assessment published on October 13, blockchain security company ChainSecurity pointed out that the combined implementation of EIP-8037 and EIP-8038 proposals could pose some technical risks.
According to the company, the simultaneous implementation of the two Ethereum Improvement Proposals (EIPs) could alter error handling outcomes in the event of gas resource depletion during calls between smart contracts.
This situation may cause existing smart contracts to react differently than previously anticipated under certain conditions.
Ethereum developers have chosen to revise the upgrade schedule to allow for a more detailed assessment of potential issues during the testnet phase.
No new date has yet been announced for the rollout of the Glamsterdam upgrade on the Hoodi test network.
The decision to postpone doesn’t mean the upgrade has been cancelled entirely. Current statements indicate that developers aim to dedicate more time to security reviews before rollout.
In the Ethereum ecosystem, network upgrades are important not only for implementing new technical features but also for maintaining compatibility with existing smart contracts.
An updated schedule for Glasgow is expected to be announced following security assessments. However, no definitive information has yet been shared regarding the new testing dates or when the reviews will be completed.
*This is not investment advice.
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23 October 2026 | 09:20 Ethereum core developers have postponed Glamsterdam’s October 26 Hoodi testnet activation to investigate how EIP-8037’s gas accounting interacts with smart contracts already running on mainnet.
Key Takeaways New storage slot state cost: 20,000 to 97,920
Hoodi’s planned 200M gas limit also removed
No Glamsterdam mainnet activation date has been set
EIP-8037 Last Call review ends November 1
Developers made the decision on All Core Devs Execution call #248, the Ethereum Foundation said in its October 22 announcement.
The last testnet step before mainnet is on hold Glamsterdam was due to activate on Hoodi on October 26 at 17:42:48 UTC. The postponement removes both the Amsterdam execution-layer and Gloas consensus-layer activations, along with the schedule that would have raised Hoodi’s gas limit to 200 million at the same time. It changes the testnet’s future configuration without reverting its history, and no replacement date has been set.
In Fusaka, the previous upgrade, Hoodi was the third and final testnet to fork before mainnet, and the Foundation said mainnet would follow at least 30 days later, according to The Block. Glamsterdam has already passed a 200-million-gas rehearsal on Sepolia, where the fix was a Prysm update to validator defaults, a client configuration issue. This time the question is how contracts that are already deployed behave. The Foundation has not set a Glamsterdam mainnet date and says mainnet users and ETH holders do not need to act.
A storage price rise that cuts execution gas on some writes EIP-8037 exists to slow the growth of Ethereum’s state, the data every node must store. Its authors put that state at about 390 GiB in January 2026. They estimate that under today’s pricing, a 200-million gas limit could push it past 650 GiB, the level at which nodes start to slow down, in under a year. Their answer is to charge 1,530 gas per byte of new state, raising the state cost of a new storage slot from 20,000 gas to 97,920 and of a new account from 25,000 to 183,600.
To keep large contract deployments possible, the proposal splits gas into two pools. Execution gas covers computation, and state gas covers new storage. Any gas a transaction supplies above 16,777,216 goes into a separate state-gas reservoir, which state charges draw on first. That reservoir is passed in full to every sub-call, and contracts cannot see it through the standard gasleft() reading.
Cold write to a new storage slot, execution gas required
Today: 22,100
Glamsterdam, reservoir pays the 97,920 state charge: 12,100
Glamsterdam, reservoir empty: 110,020
Source: ChainSecurity, using EIP-8037 and EIP-8038 figures.
Gas can also flow back during execution. Clearing a slot created earlier in the same transaction immediately refills up to 97,920 gas, and a sub-call that reverts can hand back the state charges it paid. A contract’s visible gas balance can therefore rise mid-execution. The EIP itself warns that contracts measuring work as the difference between two gas readings can get a negative result, and that contracts already deployed with that design cannot be fixed.
How an attacker could use the new rules Security firm ChainSecurity set out the risk in an October 13 analysis. Contracts often catch a failed call and record the result, which lets a malicious caller deliberately supply too little gas so that a valid operation fails while the contract still has enough gas to save that failure. The technique is known as insufficient gas griefing, and it can permanently block a retry or remove a user’s claim.
For contracts that rely on the failure handler itself running out of gas:
STEP 1
Attacker sends a call with too little gas.
STEP 2
The target operation runs out of gas.
TODAY
The handler runs out too, everything reverts and the user can retry.
GLAMSTERDAM
Reservoir or refilled gas lets the handler finish and save the failure permanently.
Contracts that check remaining gas after a failed call can be fooled when refills or a reverting intermediary push the balance back above their threshold. Fixed gas budgets can also fall short, because EIP-8038 raises the cost of touching existing state: the first change to an existing warm slot rises from 2,900 gas to 10,100.
Not every defence breaks. ChainSecurity says a check made before the call still guarantees delivery of the requested gas, as long as the budget covers every execution path under the new prices without counting on the reservoir. It advises against relying on post-call gas checks at all. The Foundation’s notice names only EIP-8037 and does not cite the firm’s work, which also covers EIP-8038.
What operators and developers need to do Hoodi operators must update execution and consensus clients before October 26, using releases whose notes explicitly confirm that the old activation has been removed. Version tables from the original announcement do not count as confirmation. As of October 23, the Foundation had listed updated releases for two clients, and said others would be added as they are confirmed.
Layer Client Release Execution Besu 26.10.1 Consensus Lodestar v1.50.1 Validators must update both the beacon node and the validator client, and anyone running external block-building infrastructure should follow their provider’s instructions. Application teams should stop planning Hoodi tests around that date.
For contract developers, ChainSecurity’s checklist starts with every call that lets execution continue after failure. It covers tracing the full path, including proxies; finding slots set and cleared in the same transaction, and intermediaries that revert; re-checking fixed budgets; and forcing sub-calls to fail and comparing the outcome under both rule sets. Where possible, a failed call should revert the whole operation. Wallets and node software must also update gas estimation for the two-pool model, according to the EIP.
The next decisions sit with the core developers. EIP-8037’s Last Call review closes on November 1, the investigation may lead to specification changes, and a revised Hoodi date will be set on a future call.
This article is provided for informational purposes only and does not constitute financial or investment advice. Ethereum upgrade schedules and technical specifications may change during testing.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Bitcoin and altcoins are once again facing a sell-off. This selling pressure has pushed BTC back below $82,000, while Ethereum has fallen to around $2,400. This has also affected altcoins, and the resulting volatility has reshaped investors’ risk appetite. Transfers made by whale wallets have also attracted attention.
According to Lookonchain, a cryptocurrency analytics platform, an anonymous whale, believed to be an institutional investor, sold Bitcoin and bought ETH. Specifically, the mysterious whale sold 246.25 BTC (20.64M) and then purchased 8.286 ETH (20.64M).
This whale sold a total of 1,917.7 BTC (159M) and bought 64,545 ETH (155M) in the last 11 days.
According to Lookonchain, another whale bought approximately $7.22 million worth of ETH and eight altcoins in the last 24 hours.
According to the data, the altcoins he acquired were listed as follows: “378,129 LIT (approximately $1.4 million), 6.61 million ENA (approximately $1.34 million), 3 million ONDO (approximately $1.34 million), 1.154 million AERO (approximately $948,000), 241.8 million ETH (approximately $591,000), 2.944 million QNT (approximately $589,000), 61.252 million UNI (approximately $443,000), 1.387 million TAO (approximately $368,000), and 43.3 billion PEPE (approximately $195,000).”
According to Lookonchain, whales are accumulating ETH. Whale address “0x4A85” withdrew 10,954 ETH ($26.97 million) from Kraken and staked it after 4 months of inactivity. Whale address “0xdeA6” withdrew 9,000 ETH ($22.42 million) from Binance and deposited it into Aave. Whale address “0xD338” withdrew 4,500 ETH ($11.29 million) from Binance.
Meanwhile, whales continue to accumulate BTC. According to Lookonchain, four more newly created wallets have received 1,127 BTC ($93.45 million) from Wintermute.
Whale wallets are also trading in MAGMA, an altcoin that surged over 70% today. Accordingly, two wallets opened 2x long positions on 1.5M MAGMA (775K) via Aster and currently have $340,000 in unrealized profits.
*This is not investment advice.
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The cryptocurrency market has grown into a global industry, with billions of dollars in digital assets changing hands on exchanges every day. From Bitcoin and Ethereum to smaller altcoins, traders can access thousands of cryptocurrencies on platforms that operate around the clock. As the market has expanded, exchanges have become central to how people buy, sell, and manage their digital assets.
However, not all exchanges are created equal. The user experience can vary significantly depending on trading fees, the range of crypto assets supported, liquidity, the security in place, and the tools available. Some exchanges are perfect for the novice trader looking for a simple way in; others are geared more toward the experienced trader. With so many exchanges in the market, here’s a look at the top 8 crypto exchanges to trade on in October 2026.
1. Binance
Binance provides users with a huge amount of scope whether they’re looking to buy Bitcoin, look at altcoins or trade futures. It’s now the world’s largest crypto exchange by both trading volume and number of users, with hundreds of cryptos available via spot markets, leveraged futures and token swaps. Users can stake eligible assets and access lending products, as well as simply buy and sell crypto if they don’t want to get into any of the more sophisticated features.
The exchange lists over 500 cryptos on over 1,300 trading pairs. Reported daily trading volume is $11.14bn in spot markets and $41.7bn in futures. The base fees are 0.1% for both makers and takers, with discounts available to BNB holders. BNB holders can access the Launchpools, and there’s a crypto debit card available that also offers cashback in certain regions. Binance is not available to US customers, although Binance.US is available as a separate service with a much smaller range of coins and features.
2. Coinbase
For a first-time crypto buyer, the whole process of funding an account and making a trade can be a bit confusing. Coinbase have made it very easy to do since they launched in 2012. Users can buy crypto via bank transfer or card, and the platform supports trading pairs against traditional currencies. Coinbase is also publicly traded in the US, which adds another layer of transparency to the business and its operations. Its security record and its educational rewards, where users can earn a small amount of crypto by learning about different assets, may also be of interest to new users.
Coinbase has over 390 cryptos listed across 500+ trading pairs and reportedly sees $1.88bn in daily trading volume. The base fees are 0.40% for makers and 0.60% for takers with higher volume traders being eligible for reduced rates. There’s also the option to stake a number of the available cryptos. The fees are higher than some of the other exchanges out there but the simplicity of the buy process and the fact that it’s a very good place to learn how crypto trading works makes it a very useful entry point.
3. Kraken
Kraken has been around since 2013 and has built its reputation on security. They’ve had no incidents of their wallets being breached and offer a range of security features, including two-factor authentication to help users protect their own accounts. They also have a fairly bespoke trading interface which can be tailored to individual preferences and offer customer support. It’s an exchange that would be suitable for both the novice and the more experienced trader.
Kraken supports over 620 cryptocurrencies and 1,350 trading pairs with a daily volume of circa $1.60 bn. Users can trade Bitcoin and other digital assets directly against fiat, which makes it very easy to move between the two. The base trading fees are 0.16% for makers and 0.26% for takers, with lower rates available to high-volume traders. The range of assets is a bit smaller than some of the others, but it’s a very broad range of established cryptos.
4. MEXC
MEXC is the exchange for the trader who wants to be in the market and wants access to tokens that aren’t necessarily on the big, established exchanges. It has over 1,700 cryptocurrencies listed and is renowned for its speed of listing new projects, including the memecoins that are currently highly popular. It’s a very relevant exchange for those who are following the newer projects in the market. It also has Launchpad and Kickstarter in place so users can get involved with projects that are launching via the exchange.
Cost is another big part of the appeal. Spot trading is completely free; futures have a 0% maker fee and a 0.010% taker fee. There are over 2,130 trading pairs and approximately $2.04bn in daily volume. Users can fund their purchases via bank transfer or credit card, trade both spot and futures, and also utilise savings products to earn rewards on eligible assets. Users can also hold MX, the platform’s native token, to benefit from reduced fees and access to further rewards. As with any token, particularly new listings and smaller tokens which may have limited liquidity and higher risk, it’s still important to look at the individual project rather than simply the fact that it’s available.
5. Bybit
Bybit was founded in 2018 and focused solely on crypto derivatives, specifically futures, and has since grown into a much wider trading platform. Futures are still a major part of the business, but users can now trade crypto on the spot and margin markets as well as use trading bots. Copy trading is also available, which allows users to copy the trades of other traders, as well as a Launchpad for new projects and an NFT marketplace. They also have products that allow users to earn yield by lending.
The exchange lists over 390 cryptos across more than 520 trading pairs with a reported daily trading volume of circa $2.04bn. Standard fees are 0.10% for both makers and takers, with users in the VIP programme being eligible for reduced rates. There’s a good range of products on offer in terms of derivatives, automated trading and copy trading, so users can approach the market in a variety of ways depending on their own experience and strategy. Bybit is not available to customers in the United States, and leveraged products carry added risk because losses can build quickly when markets move against a position.
6. KuCoin
It’s notoriously difficult to find smaller cryptos on the major exchanges. That’s where KuCoin comes in. Since launching in 2017, it’s had a broad selection of altcoins to offer, including a number of lower-cap projects that aren’t seen much anywhere else. It’s also a platform that caters to a range of different types of crypto users with futures and margin trading, crypto lending, an NFT marketplace and a launchpad. There’s a Beginner Zone to get new users up and running with onboarding and crypto rewards.
KuCoin’s base trading fees are 0.1% for both makers and takers. If a user holds KCS, they can qualify for reduced rates, VIP programme benefits, and access to exclusive events. The exchange has a daily volume of circa $1.31bn and lists over 840 cryptocurrencies across 990+ trading pairs. It’s an exchange that offers a wide variety of assets and services for those who want to look at projects beyond the most well-known coins. Access is regional, though, and KuCoin is not licensed to operate in the US.
7. PrimeXBT
PrimeXBT takes a very different approach to the business of trading crypto than the typical exchange, which is all about buying and selling crypto. It was founded in 2018 and is fundamentally a derivatives trading platform. It offers crypto futures and CFDs, as well as the ability to trade a range of traditional markets. Traders can also trade gold, oil, forex pairs such as EUR/USD, along with stock indices like S&P 500 and Nasdaq. It’s a platform for traders who want to trade across a number of markets from one place.
PrimeXBT supports over 150 cryptocurrencies and trading pairs and has a reported daily trading volume of c.$2.38bn. Crypto futures fees start at 0.01% for makers and 0.015% for takers, with other market fees varying by asset class and market conditions. The platform also provides advanced charting tools, a range of technical indicators and up to 1,000x leverage on crypto. That 1000x leverage is going to massively amplify both potential gains and potential losses, so it is vital that users understand how leveraged positions work before they trade.
8. Crypto.com
Crypto.com is for users who want more than just a place to buy and sell crypto. In addition to spot and derivatives trading there’s an NFT marketplace and Crypto.com Earn, which enables users to earn rewards on their eligible crypto holdings. There’s also the Visa card which allows users to spend their crypto at Visa-accepting merchants and earn tiered cashback in CRO, which is the platform’s own token.
The exchange supports over 400 cryptos across more than 560 pairs and has a reported daily volume of $803m. Fees start at 0.075% for both makers and takers and can be reduced via higher volume or by locking up CRO. Some of the platform’s other benefits are also contingent on holding the token, so users will need to consider the benefits against the risks of the token’s price volatility. For users looking for a platform that offers both crypto trading and a range of ways to spend their crypto, Crypto.com brings a number of services together in one place.
Final thoughts Crypto exchanges have evolved from platforms for buying and selling digital assets into broader ecosystems offering trading tools, investment products, and access to a growing range of cryptocurrencies. As the market continues to develop, choosing the right exchange means understanding how its features, fees, security measures, and supported assets align with individual needs. Before committing funds, users should research each platform, understand how it works, and assess the risks involved.
Disclaimer. Readers are encouraged to do their own research. Ambcrypto is not liable for any outcomes related to the use of information, products, or services mentioned. This content may include affiliate or partner links.
Ethereum’s next big upgrade has hit a speed bump on its final practice track. Developers have called off the October 26 activation of Glamsterdam on the Hoodi testnet.
Node operators are now being told to run client software that does not include the scheduled fork. The mainnet activation date, which was never set in stone, remains undecided.
What changed on Hoodi Glamsterdam had been slated to go live on Hoodi on October 26, 2026, at 17:42:48 UTC. That timestamp corresponded to epoch 132,352, the point where the network would have switched to the new rules.
Hoodi is one of Ethereum’s public test networks. It is where client teams and validators rehearse an upgrade under realistic conditions before anything touches real money.
The prior plan had a clear sequence. Operators were expected to upgrade both their execution and consensus clients to fork-ready versions before the activation epoch. Releases such as Lodestar 1.50.0 and Nimbus 26.10.1 had been listed among the compatible versions.
Skipping that step under the old plan meant getting stranded on the pre-fork chain. The new guidance flips the risk: operators should avoid running a fork-enabled build on Hoodi for now.
What Glamsterdam is supposed to deliver Glamsterdam is a combined upgrade. It pairs execution-layer changes, known as Amsterdam, with consensus-layer changes, known as Gloas.
The headline feature is enshrined proposer-builder separation, or ePBS, introduced mainly through EIP-7732. Today, Ethereum relies on outside middleware to split those jobs between block proposers and block builders. ePBS bakes that division of labor directly into the protocol itself.
The upgrade also adds block-level access lists. These let a block declare upfront which parts of the network’s state it will touch, which can help nodes process transactions more efficiently.
Gas pricing adjustments round out the package. Together, these changes are aimed at scaling Ethereum’s base layer, often called Layer 1.
One of the more eye-catching planned changes involved Hoodi’s block gas limit target. It was expected to jump from roughly 60 million to 200 million after the fork.
The Sepolia precedent The cancellation stands out because Glamsterdam already cleared one testnet. It activated on Sepolia on October 6, 2026.
The Hoodi gas limit increase was designed to mirror how Sepolia behaved after its fork. So the upgrade had, at least on one network, already done what it was built to do.
Before the change in plans, discussions around a mainnet launch had hinged on what developers observed on Hoodi. Early December had been floated as a potential candidate window. With the Hoodi activation off the calendar, that window now looks considerably less certain.
What this means for Ethereum For everyday ETH holders, nothing changes today. Users holding ETH or running mainnet nodes had no required action ahead of the upgrade, and that remains the case.
The people who need to pay attention are Hoodi node operators and validators. Running the wrong client build on a testnet will not cost anyone real funds, but it does muddy the test data developers rely on. Following the revised guidance keeps the rehearsal clean.
The next signals to watch are a rescheduled Hoodi epoch, fresh client releases from teams like Lodestar and Nimbus, and any update on whether the early December mainnet window survives.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Ethereum researchers want to reduce the finality time of transactions from 16 to 4 minutes. Behind this technical improvement is a concrete economic issue: to allow transfer services to mobilize less capital while waiting for the definitive confirmation of operations. For now, the project remains under study and does not plan any deployment date.
In brief
Ben Edgington and four co-authors propose to separate validator votes to speed up Ethereum finality.
For a service advancing one million dollars per hour, the locked capital would drop from about 267,000 to 67,000 dollars.
The project has no schedule or final parameters yet, while Solana targets about 150 milliseconds finality with Alpenglow.
Faster finality: less locked capital
While Ethereum updates advance despite the 11% drop in its price, settlement speed remains an important challenge. A transaction can appear in a block without being definitively validated. Validators still need to confirm their commitment not to revert this decision.
This is precisely the problem targeted by the “Decoupled Consensus” EIP project. When a service transfers funds to another network, it often must wait for this finality before recovering its money.
Let’s take an example: a customer wants to send 10,000 dollars. To spare him the wait, the provider can immediately pay the amount from its own reserves. However, it must wait before recovering the corresponding funds on Ethereum.
At large scale, these delays are costly. An operator advancing one million dollars per hour thus locks nearly 267,000 dollars for 16 minutes, versus about 67,000 dollars if the delay drops to four minutes.
Circle’s model also illustrates the benefit of speed. For its stablecoin USDC, the company charges 0.01% on its fast route from Ethereum, i.e., one dollar per 10,000 dollars transferred, excluding network fees. Its standard route, however, does not incur any Circle transfer fees.
Two distinct votes to accelerate Ethereum
Today, validators use the same vote for two functions: participating in the choice of the next block and definitively confirming previous blocks. Since finality depends on two rounds of voting, this mechanism limits settlement speed.
With “Decoupled Consensus,” researchers propose to separate these functions. Validators could thus confirm blocks according to a distinct rhythm, faster and adjustable over time.
This architecture could also facilitate the adoption of quantum-resistant signatures if current cryptographic methods became vulnerable.
A project still far from deployment
For now, no date is announced. Researchers still need to specify voting rhythms, penalties, and several security aspects. Ben Edgington emphasizes that many elements remain to be defined. The submission aims first to formally register the proposal in Ethereum’s development process.
The project adds to other network initiatives. Glamsterdam crossed an important first milestone on Sepolia on October 6, before the next deployment phases.
However, competition reminds us of the scale of the challenge. Solana has activated Alpenglow on its main network, targeting finality of about 150 milliseconds. The two networks rely on different architectures, but the speed gap remains considerable.
It remains to be seen if the Ethereum network can reduce its delays without compromising its security. For operators, the challenge is clear: to recover locked capital faster and facilitate transfers between networks.
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
In brief U.S. spot Bitcoin ETFs took in $524.8 million on Wednesday, bringing a three-day inflow streak to about $1.07 billion and flipping October positive by roughly $460 million. Ethereum ETFs snapped a five-day outflow streak with a $14.9 million inflow but remain down about $1.07 billion for the month. Bitcoin fell 2.4% to about $81,470, and Myriad traders give it only a 20% chance of topping $87,500 in October. Bitcoin ETF buyers have erased October’s losses in three trading days.
U.S. spot Bitcoin ETFs took in $524.8 million on Wednesday, according to Decrypt’s ETF tracker, stretching an inflow streak that began Monday to three sessions and roughly $1.07 billion.
Myriad: How high will Bitcoin go? Click to make your prediction.That’s enough to flip the month positive. After shedding about $615 million through last Friday, the funds are now up roughly $460 million for October.
Monday’s $526.7 million haul, the funds’ best day since Sept. 22, came entirely from BlackRock’s IBIT. The rebound follows two weeks in which the funds lost about $910 million. Cumulative net inflows since launch stand at $58.4 billion, with total net assets at $100.8 billion.
The return of buyers coincides with a fresh vote of long-term confidence from Wall Street. J.P. Morgan Asset Management this week projected a 10% compound annual return for Bitcoin over the next 10 to 15 years in its first long-term forecast for the asset, while cautioning about 55% volatility.
Ethereum ETFs, meanwhile, finally caught a break. The funds took in $14.9 million on Wednesday, snapping a five-day outflow streak that drained about $389 million. They remain deep in the red for October, though, down roughly $1.07 billion so far. Cumulative net inflows stand at $12.8 billion.
The inflows haven’t lifted prices. Bitcoin traded at about $81,470 on Thursday, down 2.4% over 24 hours but still up 2% on the week. It marks a sharp turn after Bitcoin hit a weekly high near $85,000 just yesterday.
Ethereum fell 2.6% to roughly $2,393, and the total crypto market cap slipped 2.9% to $2.84 trillion. Zcash was among the hardest hit in the top 10, dropping 5.6%, though it remains up nearly 14% over seven days.
Traders on Myriad, a prediction market developed by Decrypt’s parent company Dastan, aren’t betting on a breakout.
Myriad: Where does Ethereum go next? Click to make your prediction.Myriad traders give Bitcoin just a 20% chance of topping $87,500 before October ends and 9% odds of reaching $90,000. On the downside, they put the odds of a drop to $77,500 at 35%; Bitcoin already briefly slipped below $80,000 last week.
Sentiment on Ethereum is brighter, with Myriad users giving ETH a 61.3% chance of pumping to $3,000 before dumping to $1,500.
In terms of catalysts to watch, the Federal Reserve next meets on Oct. 27-28, with persistent inflation keeping another rate hike on the table.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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On October 22, 2026, ChainSecurity said the Glamsterdam hard fork on Ethereum’s Hoodi testnet had been delayed after its researchers identified security impacts in existing contracts. The firm said it had found 13 real-world examples and was conducting responsible disclosure with the affected projects. Its announcement asked teams to check their contracts while the Ethereum Foundation assessed the extent of the impact.
The problem affects contracts that catch a failed external call and keep executing. Under the gas changes ChainSecurity examined, a failure handler can finish where it previously would have run out of gas and reverted. A caller can deliberately supply too little gas for an operation while leaving enough for the surrounding contract to record a permanent failure. An operation that should have remained retryable can then lose its recovery path.
ChainSecurity’s technical disclosure examines EIP-8037 and EIP-8038 using specifications reviewed on October 13. Its gas examples describe proposed execution behavior, not balances read from affected contracts. The announcement names neither the projects under disclosure nor their contract addresses.
The failure handler gets another source of gas
Contracts defend against insufficient-gas griefing in several ways. Some check before an external call that they can forward a chosen gas budget. Others examine the gas left after a failed call and revert when too little remains. Others rely on the failure handler itself running out of gas. That rolls back the surrounding operation without an explicit check.
Checks after a call and handlers that rely on running out of gas depend on how much gas the call forwards, consumes and returns. Under EIP-150, a call can forward approximately 63/64 of its available gas. When the immediate target exhausts that allocation, the caller retains only a small share. A check can reject that remainder, or an expensive storage write can force the caller to revert.
The state-gas reservoir gives the caller another source of funding. ChainSecurity describes a separate pool that travels with calls in full, while the forwarding limit applies to execution gas. Solidity’s gasleft() reports only the execution balance. A contract with a low reading can still have reservoir funding for state creation. If the target reverts or runs out of gas, its reservoir returns to its call-entry value and remains available to the caller.
In the report’s example, around 15,000 execution gas can cover a cold fresh-slot write and a short continuation when the reservoir pays the state-creation charge. Under Osaka, the corresponding write costs 22,100 gas. A handler that previously could not record a failure may now commit it. Because the reservoir is forwarded in full, an outer wrapper can combine a funded reservoir with a limited execution budget.
Clearing storage can refill the execution balance
A contract can also allocate a persistent storage slot, call another contract, catch a failure and clear that slot before continuing. Under Osaka, clearing storage allocated earlier in the transaction produces a refund subject to a cap. The refund settles at the end of the transaction, so it cannot pay for the next instruction.
Under the Glamsterdam rules examined in the disclosure, undoing state creation triggers an immediate refill. The refill first restores execution gas up to the outstanding state-creation charges paid from that balance. Any remainder enters the reservoir. Clearing a slot can restore up to 97,920 execution gas, enough to change whether the rest of the failure handler completes.
For this to happen, the slot must have been zero at the start of the transaction. The frame must have outstanding state-creation charges funded from execution gas, either from its own work or successful subcalls. It also needs enough execution gas to clear the slot: the SSTORE stipend check still requires more than 2,300 execution gas, regardless of reservoir funding.
A gas check performed after the clear can see a replenished balance even though the target ran out of gas. ChainSecurity says a check that rejects the failure before the clear is unaffected by that refill. Its review instructions ask teams to locate storage refills relative to checks, since the order determines whether the check sees the restored gas.
Gas can also return through an intermediary. In ChainSecurity’s example, a defending contract calls an intermediary, which creates state and calls a target. The target runs out of gas. The intermediary then propagates that failure with REVERT.
Under the reviewed changes, reverting restores the intermediary’s state-gas accounting. It credits outstanding execution-funded state-creation charges back to the intermediary’s execution balance. That restored gas can return to the defending contract and lift the remainder above a post-call check’s threshold. It can also fund a failure handler that previously would have reverted.
The intermediary must retain enough gas to execute REVERT. If it runs out of gas itself or halts exceptionally, its resulting execution balance is consumed and no execution gas returns. Tests need to distinguish those paths, even when both ultimately report that a subcall failed.
What contract teams need to review
Pre-call checks avoid inferring the cause of failure from returned gas, but their budgets need revalidation too. A check can guarantee delivery of the requested allocation even when that allocation no longer covers the target’s work. ChainSecurity calls for bounds covering every permitted execution path under the new schedule, including cases where the reservoir cannot contribute. Forwarding overhead also needs rechecking.
The review starts with external calls that let execution continue after failure. Teams should trace the target’s complete path, including proxies, and the caller’s instructions before it commits a failure response. Tests should force a subcall failure and compare Osaka and Glamsterdam using the same relevant pre-state and explicit gas assumptions. The outcomes to inspect are disabled retries, removed claims and incorrect recorded results.
Where possible, ChainSecurity recommends propagating call failures so the entire operation reverts. Where execution must continue, it recommends preserving a recovery path instead of making an irreversible decision from remaining gas alone. Responsible disclosure continues with the affected projects unnamed. The firm’s announcement gives no replacement date for the Hoodi fork.
Developers pulled the Oct. 26 testnet activation days ahead of time. The upgrade's early-December mainnet candidates had depended on that test going smoothly.
Ethereum developers have called off Glamsterdam’s activation on the Hoodi testnet, four days before the upgrade was due to go live there. The decision leaves the network’s next hard fork without its final public test date, and with it the trigger for picking a mainnet date.
Christine D. Kim, founder of research and advisory firm Protocol Watch, said in a post on X on Oct. 22 that the cancellation was “due to security issues found in” Glamsterdam by the security firm ChainSecurity.
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Gas Accounting Concerns ChainSecurity’s Oct. 13 analysis focused on EIP-8037 and EIP-8038, two Glamsterdam proposals that change how Ethereum charges gas for creating and accessing state. The firm warned that code handling a failed call could behave differently after the upgrade even if no one edits it. “Even with unchanged contract code, a failure path that previously reverted can now complete,” it wrote, adding that continuing in that situation “can turn a retryable operation into a permanent failure.”
A day before the Oct. 22 All Core Devs Execution call, security researcher pcaversaccio asked developers on GitHub to discuss the findings, writing that “these findings call for a reassessment of this hard fork” while noting the decision was not his to make.
What Node Operators Need to Do Kim’s message to operators, posted on X minutes before her post on the cause, gave them two choices: “revert to an older release without the Hoodi upgrade scheduled,” or hold off until their execution-layer client publishes an update that drops it.
Besu developers merged a pull request titled “Unschedule Amsterdam on Hoodi” on Oct. 22, but merging code does not update nodes already running the old build. The PR states that Hoodi nodes on Besu 26.10.0 “still activate Amsterdam at that timestamp until they run a release with this change.”
On the network’s side, Barnabas Busa, who works on DevOps at the Ethereum Foundation, unscheduled the fork in Hoodi’s shared configuration files. That took out the Amsterdam start time set for Oct. 26, the Gloas fork at epoch 132,352 and a scheduled jump in Hoodi’s gas limit to 200 million at that epoch, returning the files to how they looked before the fork was scheduled.
December Candidates Hinged on Hoodi The agenda for the Oct. 22 call listed Dec. 1, Dec. 8 and Dec. 9 as candidate mainnet dates, with a plan to pick one on the following week’s consensus-layer call “if Hoodi goes smoothly.”
Glamsterdam, which would move proposer-builder separation into the protocol (EIP-7732) and add block-level access lists (EIP-7928), went live on the Sepolia testnet on Oct. 6. The Ethereum Foundation announced the Hoodi schedule on Oct. 16.
Neither Busa’s rollback nor Kim’s posts named a new date for the Hoodi test.
Related Listen: Is Ethereum’s Real Problem Debate, Not Tech? – Uneasy Money
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Ethereum options traders are bracing for turbulence. The actual price chart has been far calmer.
According to Coinbase Markets data dated October 21, 2026, Ether’s one-month at-the-money implied volatility stands at 49%. Its 30-day realized volatility is 37%. That leaves a 12.5-point premium, which ranks in the 90th percentile of readings over the past two years.
Reading the volatility gauges Implied volatility (IV) is the market’s forecast of future price swings, backed out of what traders are willing to pay for options. Realized volatility measures how much the asset actually moved over a past window, in this case 30 days. “At-the-money” refers to options with strike prices near the current market price.
The gap between the two is often called the variance risk premium. A spread landing in the 90th percentile of the past two years suggests demand is running well above the usual baseline.
The numbers line up across platforms Options analytics platforms including Swolecharts and Coinotag reported that Ether’s 30-day ATM implied volatility held steady between 49% and 51% through mid-to-late October 2026. Those same sources put realized volatility around 32% during that stretch.
On October 22, 2026, ATM implied volatility was approximately 49.7% to 50.0% on Bybit and Binance.
Broader figures from Derivasys and Glassnode show Ether’s options implied volatility sitting in the mid-to-high 40s up to the low 50s across various near-term tenors throughout October 2026.
Why the premium is notable A 90th-percentile reading over two years means that in roughly nine out of ten observations across that period, the gap between expected and actual volatility was smaller than it is now.
The source data does not point to a specific catalyst. No commentary on upcoming events or trader positioning accompanied the figures.
What this means for traders and the market For option buyers, purchasing protection or directional exposure when IV sits well above realized volatility means paying a hefty premium. If Ether keeps moving at its recent pace, those options can lose value even if the eventual direction is right.
For option sellers, collecting premium priced at around 49% to 50% volatility while the underlying moves at 32% to 37% is the core logic behind many volatility-selling strategies. The catch is obvious: sellers carry the risk if the expected storm actually arrives.
Wide gaps between implied and realized volatility tend not to persist forever. Either realized volatility rises to meet expectations, or implied volatility drifts lower as the anticipated turbulence fails to show up.
Traders watching this setup will likely track whether realized volatility begins climbing from its recent range in the 30s, and whether IV holds near 50% across Coinbase, Bybit and Binance, or starts slipping back into the mid-40s range that also appeared across some near-term tenors this month.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Ethereum developers have canceled the planned activation of the Glamsterdam upgrade on the Hoodi testnet, just four days before its scheduled implementation. The move leaves the network’s next hard fork without a finalized public testing date, delaying the timeline for selecting a mainnet launch.
Security findings halt rolloutChristine D. Kim, founder of the crypto research and advisory firm Protocol Watch, stated on October 22 that the cancellation followed security issues uncovered by the cybersecurity company ChainSecurity. Kim posted on X that ChainSecurity had identified problems in the Glamsterdam upgrade significant enough to halt the testnet deployment.
An analysis by ChainSecurity, released on October 13, examined EIP-8037 and EIP-8038—two proposals within Glamsterdam that modify Ethereum’s gas charging model for creating and accessing state. According to the firm, the upgrade could cause smart contracts to behave differently in failure scenarios, even when their code remains unchanged. The analysis cautioned that a “failure path that previously reverted can now complete,” which could convert retryable operations into permanent failures.
Mini dictionary: ChainSecurity, a cybersecurity company specializing in blockchain and smart contract audits, is known for identifying vulnerabilities in major blockchain upgrades to help prevent potential exploits and security breaches.
ChainSecurity warned that even with no changes to contract code, failure conditions that once led to reverts could now allow operations to proceed, creating new classes of permanent failures.
Developer response and suspension processBefore the Ethereum All Core Devs Execution call on October 22, security researcher pcaversaccio urged developers on GitHub to review ChainSecurity’s findings, emphasizing the need to reassess the hard fork. However, he noted the decision would rest with Ethereum’s core development team.
Shortly afterward, Kim advised node operators to either revert to an older release without the Hoodi upgrade or await further updates that would remove the upgrade altogether.
On October 22, Besu developers, who maintain one of Ethereum’s main client implementations, merged a pull request titled “Unschedule Amsterdam on Hoodi.” The update does not automatically change nodes that are already running the previous version; nodes operating on Besu 26.10.0 will still activate the upgrade until they have the new release installed.
Barnabas Busa, part of the Ethereum Foundation’s DevOps team, also removed the upgrade schedule from Hoodi’s shared network configuration files. This rollback eliminated the programmed launch date of October 26 for Amsterdam, the upcoming Gloas fork at epoch 132,352, and an increase in Hoodi’s gas limit to 200 million at that same epoch, restoring the original configuration.
Technical teams returned Hoodi’s network settings to their earlier state, removing all planned hard fork events and leaving the upgrade timeline uncertain.
Delay impacts hard fork timelineOriginally, the schedule for Hoodi’s testnet upgrade was announced by the Ethereum Foundation on October 16. The agenda for the October 22 all-core developers call had included potential mainnet deployment dates for the Glamsterdam upgrade—December 1, December 8, and December 9—with the intention to finalize a date after successful Hoodi testing.
The Glamsterdam upgrade introduces key features to the Ethereum protocol, including EIP-7732, which embeds proposer-builder separation at the protocol level, and EIP-7928, which adds block-level access lists. The upgrade had previously been tested on Sepolia, one of Ethereum’s testnets, since October 6.
At present, neither Kim nor Busa have announced a new date for the Hoodi testnet upgrade. The next steps and the mainnet timeline will likely be determined only after further analysis and security verification by the development community.
Robinhood has won a Dubai Financial Services Authority (DFSA) license to serve retail investors across the Middle East. However, the US trading app will not launch its products until 2027.
The approval is also older than it looks. Robinhood MENA Limited received its license on July 20, three months before Thursday’s announcement.
Robinhood chooses the Dubai International Financial Centre (DIFC) as its regional headquarters to drive its Middle East expansion, having received authorization from the Dubai Financial Services Authority (DFSA) to introduce its retail investing platform in the Middle East from… pic.twitter.com/zwnmNQ9Asi
— Dubai Media Office (@DXBMediaOffice) October 22, 2026 What Does Robinhood’s Dubai License Actually Allow?Robinhood MENA, led by Salah Kaddoura, will operate from the Dubai International Financial Centre (DIFC), a financial free zone.
The company says the license covers all 10 DFSA-approved asset classes. These include stocks, ETFs, crypto, and investment tokens, meaning tokenized securities.
The public register reads narrower. It lists “arranging” permissions, including futures and options, suggesting trades and custody may run through other group entities.
“The DIFC is one of the world’s most important financial hubs, and our expansion there brings us closer to building a global platform that enables anyone, anywhere to own the highest quality financial assets.”
Vlad Tenev, Robinhood’s chairman and CEO, said in a statement.
Can Robinhood Catch Rivals Already Live in the Gulf?Dubai follows Singapore and Canada in Robinhood’s 2026 expansion. The company says its stock tokens traded $15 billion in Robinhood Chain’s first 100 days.
ARK Invest data shows that network out-earned Ethereum last quarter.
Still, DIFC already hosts 72 brokers, up from 49 in 2022, per DFSA data. eToro, Interactive Brokers, and local app Baraka already serve UAE investors.
Crypto-native rivals are moving faster. Kraken won full approval from Dubai’s Virtual Assets Regulatory Authority (VARA) on Oct. 12. Its launch, due within weeks, includes xStocks tokenized equities.
Bybit added a VARA spot trading license on Thursday. Exchanges worldwide are also pushing into stock trading.
Gulf Wealth Opportunity or Crowded Niche?Bull caseBear caseLicense spans tokens, crypto, and derivativesRegister lists arranging permissions only$15 billion in stock token tradingAMC’s CEO questions whether tokens are fully backedYoung, wealthy Gulf retail baseMENA drew 4.1% of broker web traffic in Q3, versus 42% for Europe (FM Intelligence)Over 1 million funded users outside the USA 2027 launch hands rivals a year’s head startMeanwhile, US regulators have backed real stock tokens over synthetic copies.
Which Markets Could Feel Robinhood’s Gulf Entry? Robinhood Markets (HOOD) shares barely moved, suggesting little Gulf revenue is priced in. Regional brokers such as Baraka and eToro face the most direct overlap. VARA exchanges like Kraken and Bybit overlap on spot crypto and tokenized stocks. Tokenization issuers could gain a licensed Gulf distribution channel. Robinhood has yet to name which countries it will serve. By 2027, DFSA brokers and VARA exchanges may be chasing the same Gulf investor from opposite rulebooks.
COIN Stock price hovered near $167 as investors assessed stronger employment figures ahead of the Federal Reserve’s policy meeting.
Bitcoin price traded around $81,100, while Ethereum hovered near $2,376 and XRP changed hands around $1.31.
Jobless Claims Fall to 194,000, Beating Market Expectations The Labor Department reported 194,000 initial unemployment claims, below the market forecast of 200,000. Applications declined by 6,000 from the previous week’s revised reading, reinforcing evidence that employers remain reluctant to cut staff.
BREAKING:
🇺🇸 US Initial Jobless Claims have just been officially released
Expected: 200,000
Actual: 194,000
This is good news ahead of the FOMC meeting!! https://t.co/UOxcrEHKt9
— ᴛʀᴀᴄᴇʀ (@DeFiTracer) October 22, 2026
The average across four weeks fell to 197,750, offering a smoother measure of recent unemployment applications. However, continuing claims increased by 25,000 to 1.728 million, presenting a less reassuring picture for people already receiving benefits. The mix is indicative of low levels of layoffs, and an increase in the number of ongoing claims suggests re-employment problems.
Upcoming FOMC Meeting Puts Inflation in Focus The Federal Open Market Committee is ready for its next meeting, with inflation and employment being the key issues in the policy debate.
Source: CME data Traders expect the Federal Reserve to keep interest rates unchanged at its October 28, 2026, meeting. The supplied FedWatch shows a 92.8% probability of retaining the target range. That would leave the federal funds target range between 3.75% and 4.00% following the meeting.
An increase to between 4.00% and 4.25% carries a 7.2% probability, indicating limited expectations for tighter policy. This assigns no probability to a rate cut, with pricing strongly favoring a hold. These are market expectations at the time of recording and can be altered prior to announcement of the rate.
COIN Stock Price Forecast: Will Buyers Reclaim $170? Price action is currently bearish, as COIN stock has broken below its session open levels and is approaching the session lows at $170.25. The first level of support is the session low at $166.82, and an initial recovery hurdle is the opening level.
Source: COIN stock A move above $170.25 would further solidify the recovery scenario and put the session high around $173.64 on the radar. Clearing that barrier could encourage another advance, although stronger trading volume would make the breakout more convincing.
Below $166.82, the round numbers of $165 and $160 become possible downside reference points for traders.
The proposed upgrade speeds Ethereum-to-Aztec messaging and funds 30 days of V5 operation during migration; the dashboard lists October 26 for execution.
The proposed upgrade speeds Ethereum-to-Aztec messaging and funds 30 days of V5 operation during migration; the dashboard lists October 26 for execution.
The Starknet community has strongly supported exploring a transition from the Ethereum-based second-layer structure to an independent first-layer blockchain. In a seven-day preliminary vote that concluded today, over 93.5% of the votes cast were in favor of the proposal.
According to information shared by StarkWare, more than 2,800 wallets participated in the vote. The company stated that it did not participate in the voting in order to avoid influencing the community’s decision with its own votes.
The primary reason for the change in focus is post-quantum security. The team argues that even if Starknet makes progress in its own computational structure, it will remain dependent on the underlying network due to Ethereum bridge and data accessibility connections.
StarkWare CEO Eli Ben-Sasson said they aim to release a first draft of the technical document resulting from the research to the public in November.
However, the vote does not mean that the separation from Ethereum is final. A genuine transition proposal will also need to be prepared and resubmitted for community approval. According to the Starknet Foundation, whichever path is chosen, STRK will remain the native token, no new tokens will be issued, and Ethereum bridges will remain open.
*This is not investment advice.
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Crypto Rover, a well-known digital asset trader and YouTube personality, has unveiled a series of long-term price targets for several major cryptocurrencies, including XRP, Bitcoin, and Ethereum. His projections have generated significant attention across the crypto community due to their highly ambitious nature.
The Numbers on the TableAccording to Crypto Rover, XRP is currently trading at $1.34, but he anticipates a long-term price of $100 for the token. This target, representing an increase of roughly 7,363%, marks one of the most dramatic forecasts on his list, positioning XRP as a clear standout among the covered digital assets.
For Bitcoin, which presently trades near $82,792, Crypto Rover set a lofty $1 million goal, implying a 1,108% rise from current levels. Ethereum, at $2,439, was assigned a $50,000 target—a potential appreciation of about 1,950%.
Other tokens on his list included BNB at $739 with a $10,000 projection (1,252% upside), Chainlink at $12.19 targeting $2,000 (16,407% increase), NEAR Protocol at $5.00 with a $500 target (9,900% gain), Dogecoin at $0.0798 seeking $10 (12,432% surge), HBAR at $0.0822 with a $5 goal (5,985% rise), and Stellar at $0.179 with a $10 projection (5,487% increase).
AssetCurrent PriceCrypto Rover Target% IncreaseBitcoin (BTC)$82,792$1,000,0001,108%Ethereum (ETH)$2,439$50,0001,950%BNB$739$10,0001,252%XRP$1.34$1007,363%Chainlink (LINK)$12.19$2,00016,407%NEAR Protocol$5.00$5009,900%Dogecoin (DOGE)$0.0798$1012,432%HBAR$0.0822$55,985%Stellar (XLM)$0.179$105,487%Crypto Rover openly described his forecasts as seemingly unrealistic for most investors, characterizing the targets as based on conviction rather than cautious estimates.
Crypto Rover issued his bold projections for coins including $BTC, $ETH, $BNB, and $XRP, stating that his long-term price targets will sound insane to most investors, but he urged followers to keep these numbers in mind.
XRP Among Long-Term ProjectionsThe magnitude of these forecasts signals a view rooted in long-term market evolution. Crypto Rover did not specify any timeline for these targets, leaving open questions regarding when such price levels could be reached. His analysis seemed to assume major shifts in adoption, enhanced regulatory clarity, and substantial new capital entering the sector.
XRP’s $100 target stands out given the token’s focus on cross-border transactions and its high-profile legal proceedings in the United States. Ripple, the company behind XRP, has developed technologies aimed at improving global payments.
Mini dictionary: Ripple, a technology company, created the XRP Ledger and promotes the adoption of its digital asset XRP as an efficient vehicle for cross-border settlement. The firm has faced significant legal challenges regarding regulatory classification of XRP in the U.S.
Crypto Rover’s predictions received a broad spectrum of responses from the community. Some users questioned the omission of Solana, one of the largest digital assets by market capitalization, and asked whether this suggests negative prospects for the project.
Others described certain projections as surprisingly conservative, particularly for assets like Bitcoin, and expressed general concurrence with the ambitious targets set for altcoins. A few commenters suggested that additional analysis could lead Crypto Rover to revise his price targets higher for assets such as Stellar (XLM).
Some community members pushed back against the predictions, arguing that labeling projections simply as “long-term” provides insufficient context for meaningful evaluation.
In response to criticism, community members expressed views ranging from skepticism over the lack of timelines and missing assets to support for the conviction-based targets, illustrating deep divides on how to interpret such ambitious forecasts.
If Bitcoin drops below $80,000, total long position liquidations on major centralized exchanges (CEXs) will hit $692 million.
According to Coinglass data, if Bitcoin falls below $80,000, the total long liquidation intensity on major centralized exchanges (CEXs) will reach $692 million. Conversely, if Bitcoin breaks through $83,000, the total short liquidation intensity on major CEXs will hit $1.025 billion. BlockBeats Note: Liquidation charts do not display the exact number of pending liquidations or the exact value of liquidated contracts. The bars on these charts actually represent the relative importance (intensity) of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart shows the degree of impact when the underlying asset’s price reaches a specific level. A higher "liquidation bar" indicates that once the price hits that level, it will trigger a stronger reaction due to liquidity waves.
4 hours ago
Bitcoin falls below $81,000, with a 4.3% drop in the past 24 hours.
According to HTX market data, Bitcoin fell below $81,000, with a 4.3% decline in the past 24 hours.
4 hours ago
Pump.fun launches EVM limit orders, supporting take-profit and stop-loss functions.
Meme coin launch platform Pump.fun announced the launch of its EVM limit order functionality, claiming it is the first social trading application to offer take-profit and stop-loss features. The feature currently covers Robinhood, BNB Chain, Base, HyperEVM, Arc, and Ink, with more chains set to be integrated gradually.
4 hours ago
a16z Frontier has officially confirmed its continued focus on the crypto space, expanding its investment scope to include frontier technology startups.
a16z General Partner Chris Dixon has officially published an announcement renaming a16z crypto to a16z Frontier, expanding its investment scope from crypto startups to a broader set of frontier technology startups—those building new technologies, opening up new markets, and taking years to mature. Dixon emphasized this is a scope expansion, not a pivot; the team will continue investing in crypto and related businesses while advocating for reasonable crypto regulation. Dixon noted that as blockchain gains wider adoption, Wall Street and fintech firms have regularly launched on-chain products, making the "crypto company" label less significant. Companies should be defined by their core business activities, not the technology they employ. His remarks also touch on the ongoing AI wave: beyond using AI to speed up and enhance existing work, focus is on native new use cases emerging from AI, full-stack startups integrating hardware, software and services, and new networks connecting humans and intelligent agents. Dixon believes blockchain will still play a critical role in this space, serving as a fast, low-cost, global, programmable financial infrastructure for the internet. Stablecoins are becoming a standard tool for fintech firms and institutions, and can also support machine-to-machine transactions and the cold start of new networks. He will lead the fund alongside firm founders Marc Andreessen and Ben Horowitz, as well as general partners Eddy Lazzarin and Guy Wuollet. The operating team will continue supporting current and future portfolio companies in areas including regulation, market entry, talent, marketing and technology R&D.
4 hours ago
New York State Department of Financial Services issues alert over PHP vulnerability.
New York State Department of Financial Services (NYDFS) has issued alerts regarding two critical PHP vulnerabilities, urging regulated entities to promptly identify and remediate the vulnerabilities that are already being exploited.
4 hours ago
GMGN Co-founder: The self-developed cross-chain bridge is undergoing a small-scale volume test, and the APP will soon support buying multi-chain tokens with USDC.
GMGN co-founder Haze announced in a post that the project’s self-developed cross-chain bridge is currently undergoing small-scale volume testing, and will uphold its long-standing reputation for fast, secure, and stable transactions. Haze added that users will soon be able to buy any token across multiple blockchains using USDC through the GMGN app.
