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Ethereum Upgrade Delayed Due to Smart Contract Vulnerability

Ethereum developers have postponed the Glamsterdam upgrade on the Hoodi testnet after security researchers discovered a flaw that could cause permanent losses of functionality for smart contracts. Chainsecurity identified 13 deployed contracts with potentially vulnerable behavior, leading to the cancellation of the Oct. 26 activation. This threatens an ambitious upgrade intended to make Ethereum faster and more efficient, with its tentative December launch now facing uncertainty.

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