Ethereum
Latest news, analysis, and updates on Ethereum from A47 News.
12 stories in Crypto · Updated live
US Bitcoin and Ether ETFs Experience Nearly $1 Billion in Net Outflows
US spot Bitcoin and Ether ETFs recorded combined net outflows of $986.3 million through October 9, 2026. This significant withdrawal is driven by a weakening Bitcoin price rally and reduced risk appetite amid macroeconomic pressures. The ongoing outflows suggest a potential shift in investor sentiment towards crypto assets, which may lead to further volatility in the market.
Abstract Ethereum Layer-2 Blockchain to Shut Down by December 2026
Abstract, an Ethereum Layer-2 blockchain, announced it will cease operations on December 15, 2026, due to an unsustainable consumer crypto model. The immediate trigger for this decision is the combination of thin liquidity, limited DeFi ecosystem, and intense competition that has plagued the network despite significant user adoption. In the long term, this shutdown may signal a shift in focus for Igloo Inc. towards more sustainable projects like Pudgy Penguins, potentially reshaping the landscape of consumer-oriented blockchain solutions.
Thailand SEC Finalizes Regulatory Framework for Bitcoin and Ether ETFs
Thailand's Securities and Exchange Commission has established a regulatory framework for Bitcoin and Ether exchange-traded funds effective October 16, 2026. This move comes in response to declining local cryptocurrency trading activity and follows a public consultation period. The long-term implication is that this framework may enhance investor protections and stimulate the domestic crypto market by providing regulated investment options for Thai investors.
BitMine Approaches 5% Ether Supply Target and Halts Weekly Purchases
BitMine announced on October 8, 2026, that it is nearing its goal of holding 5% of Ethereum's total supply and will stop further accumulation. This decision comes after the company has consistently purchased Ether weekly since June 2025, amassing approximately 6 million ETH. The cessation of these purchases may lead to shifts in Ether liquidity as the market adjusts to the absence of a significant corporate buyer.
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Ledger Hardware Wallets Compromised in Supply Chain Attack Resulting in $93.4 Million Losses
On October 9, 2026, a suspected supply chain attack on Ledger hardware wallets sold through Southeast Asian reseller CryptoBilis led to estimated losses of $93.4 million across 471 addresses. The incident is attributed to unauthorized access to recovery phrases or signing keys, prompting Ledger to halt sales and advise users against setting up their devices. This event raises significant concerns about hardware security in the cryptocurrency space, potentially leading to stricter regulations and scrutiny of supply chain practices in the industry.
Thailand SEC Finalizes Regulatory Framework for Bitcoin and Ether ETFs
Thailand's Securities and Exchange Commission has established a regulatory framework for Bitcoin and Ether exchange-traded funds effective October 16, 2026. This move comes in response to declining local cryptocurrency trading activity and follows a public consultation period. The long-term implication is that this framework may enhance investor protections and stimulate the domestic crypto market by providing regulated investment options for Thai investors.
US Bitcoin and Ether ETFs Experience Nearly $1 Billion in Net Outflows
US spot Bitcoin and Ether ETFs recorded combined net outflows of $986.3 million through October 9, 2026. This significant withdrawal is driven by a weakening Bitcoin price rally and reduced risk appetite amid macroeconomic pressures. The ongoing outflows suggest a potential shift in investor sentiment towards crypto assets, which may lead to further volatility in the market.
Glamsterdam upgrade activates on Ethereum's Sepolia testnet increasing block gas limit to 200 million
The Glamsterdam upgrade was activated on Ethereum's Sepolia testnet on October 6, 2026, raising the block gas limit from approximately 60 million to nearly 200 million. This significant increase aims to enhance network throughput amid competition from other Layer-1 blockchains, although early blocks showed only 26-46% utilization of the new limit, leaving validator capacity concerns unresolved. The long-term implication is that developers will continue to monitor performance and prepare for further testnet milestones, including the upcoming Hoodi testnet planned for October 27, 2026.