🔔The dYdX Chain network, based on Cosmos, has stopped producing blocks after a planned update to version 4. This is the first major failure since the launch of the new version. 🛠️

The dYdX Chain team continues to investigate the issue and plans to meet with validators around 15:00 UTC.

dYdX Chain launched in October 2023, allowing DYDX token holders to transfer funds from the Ethereum network to the new platform.

🤔How do you think this will affect the dYdX ecosystem? Share your thoughts in the comments!