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Door Remote - 23 Oct 2026
Today in crypto, China said its national blockchain should be mostly finished by 2030, Ethereum postponed the Glamsterdam testnet fork after and Bitcoin mining competition intensified as network hashrate reached a seven-month high despite the industry’s shift toward AI
China targets 2030 for its national blockchain network buildoutChina has set a 2030 target for largely completing a national blockchain network under a five-year digital development plan published Friday.
The 15th Five-Year Plan for National Informatization, which sets priorities calls for deeper blockchain use in trade and finance in the Yangtze River Delta, and deployment at scale in manufacturing and agriculture in the Chengdu–Chongqing region in southwestern China.
Friday’s plan was issued by the Central Cyberspace Affairs Commission, a senior body within the ruling Communist Party that coordinates digital development policy.
The document makes the completion target explicit for a project already included in China’s national development plan released in March. A joint policy from the Communist Party’s central leadership and State Council published on Oct. 9 called for its construction.
Ethereum delays Glamsterdam Hoodi testnet launch over security risksEthereum 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.
Bitcoin mining competition heats up despite AI exodusBitcoin’s network hashrate has reached a seven-month high despite major mining companies shifting their computing capacity toward AI, signaling growing competition in the space, according to BlocksBridge Consulting.
Bitcoin’s seven-day average hashrate has climbed above 1 zettahash per second for the first time since March 3, suggesting that computing power leaving the network is being replaced by other miners.
Hashrate measures the computing power securing Bitcoin’s network, while mining difficulty determines how hard it is to earn new Bitcoin.
Mining difficulty increased 5.92% on Oct. 16, with BlocksBridge projecting another 5.16% increase at the next adjustment. Combined, that would represent an 11.4% increase across two adjustments, making it harder for miners to earn rewards.
The increase comes despite publicly traded mining companies reporting a 23% decline in realized hashrate as they redirect resources toward AI. Their AI-related revenue increased 52% quarter over quarter.
BlocksBridge estimates that roughly $1.5 billion worth of mining equipment has been displaced by the transition.
Some of that hardware may be finding new buyers among smaller miners with access to cheaper electricity, allowing them to expand operations while larger competitors pursue AI.
China targets 2030 for its national blockchain network buildoutChina has set a 2030 target for largely completing a national blockchain network under a five-year digital development plan published Friday.
The 15th Five-Year Plan for National Informatization, which sets priorities calls for deeper blockchain use in trade and finance in the Yangtze River Delta, and deployment at scale in manufacturing and agriculture in the Chengdu–Chongqing region in southwestern China.
Friday’s plan was issued by the Central Cyberspace Affairs Commission, a senior body within the ruling Communist Party that coordinates digital development policy.
The document makes the completion target explicit for a project already included in China’s national development plan released in March. A joint policy from the Communist Party’s central leadership and State Council published on Oct. 9 called for its construction.
Ethereum delays Glamsterdam Hoodi testnet launch over security risksEthereum 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.
Bitcoin mining competition heats up despite AI exodusBitcoin’s network hashrate has reached a seven-month high despite major mining companies shifting their computing capacity toward AI, signaling growing competition in the space, according to BlocksBridge Consulting.
Bitcoin’s seven-day average hashrate has climbed above 1 zettahash per second for the first time since March 3, suggesting that computing power leaving the network is being replaced by other miners.
Hashrate measures the computing power securing Bitcoin’s network, while mining difficulty determines how hard it is to earn new Bitcoin.
Mining difficulty increased 5.92% on Oct. 16, with BlocksBridge projecting another 5.16% increase at the next adjustment. Combined, that would represent an 11.4% increase across two adjustments, making it harder for miners to earn rewards.
The increase comes despite publicly traded mining companies reporting a 23% decline in realized hashrate as they redirect resources toward AI. Their AI-related revenue increased 52% quarter over quarter.
BlocksBridge estimates that roughly $1.5 billion worth of mining equipment has been displaced by the transition.
Some of that hardware may be finding new buyers among smaller miners with access to cheaper electricity, allowing them to expand operations while larger competitors pursue AI.