The outage happened amid a scheduled network upgrade that aims to add risk and safety improvements to the chain.
Decentralized finance protocol dYdX has announced it is investigating a recent halt in block production as the chain underwent a scheduled upgrade.a status report stating the chain was proceeding with a scheduled protocol upgrade and that functionalities of the dYdX Chain may be disrupted.At the time of writing, the blockchain explorer platform Nodes Guru
that the latest blocks produced by the dYdX mainnet were from the time of the scheduled upgrade, which was five hours prior.DYdX also confirmed that the chain encountered an issue and said at 6:50 am UTC that its team was already debugging it. However, the team said the issue is still being investigated and might not be resolved until later. It“The issue continues to be investigated. It’s been agreed to reconvene with the validators around 15:00 UTC.
The outage comes after a recent development in dYdX when the community approved the staking of 20 million tokens.in treasury tokens to be staked on the liquid staking protocol called Stride. DYdX highlighted that the move follows the growth in trading activity within the protocol. “The rate of DYDX being staked to validators has plateaued and deposits to the exchange are growing at a tremendous pace,” it
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Academy, BNB Chain Launch New BNB Chain Developer Specialization ProgramBinance's cryptocurrency learning hub and one of largest smart contracts platforms introduce massive developer training program
Read more »
Base hits nearly $1.3 billion in total value locked, meme coins rallyBase chain, Coinbase’s Layer 2 chain hit two key milestones on Sunday, April 7.
Read more »
Chick-Fil-A chicken: Fast food chain backtracks from no antibiotics pledge amid projected shortageChick-Fil-A says it will embrace a standard known as 'no antibiotics important to human medicine,' which entails avoidance of such medicines commonly used to treat people and limits the use of animal antibiotics to cases of animal illness.
Read more »
Chick-Fil-A chicken: Fast food chain backtracks from no antibiotics pledge amid projected shortageChick-Fil-A says it will embrace a standard known as 'no antibiotics important to human medicine,' which entails avoidance of such medicines commonly used to treat people and limits the use of animal antibiotics to cases of animal illness.
Read more »
Chick-Fil-A chicken: Fast food chain backtracks from no antibiotics pledge amid projected shortageChick-Fil-A says it will embrace a standard known as 'no antibiotics important to human medicine,' which entails avoidance of such medicines commonly used to treat people and limits the use of animal antibiotics to cases of animal illness.
Read more »
DigiFT Introduces First RWA Depository Receipt Tokens to Safeguard Investors’ Rights And Protection On-chainCrypto Blog
Read more »