Osmosis

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Osmosis, the Cosmos-based decentralised exchange, has restored block production after a halt of nearly four hours. Service resumed at around 3am UTC on November 13, according to the platform.
In a statement, <a href="https://x.com/osmosis" rel="noopener noreferrer nofollow">@osmosis</a> said: "No funds were lost and no blocks were reversed. The network is running normally." The team also thanked its validators for working through the night to resolve the issue. <a href="https://x.com/search?q=%24OSMO&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$OSMO</a> traded near $0.037 on November 13.
<h2 id="timeline-of-the-osmosis-outage">Timeline of the Osmosis Outage</h2>
Blockchain infrastructure provider QuickNode reported that <cite>Osmosis stopped producing blocks at 22:57 UTC on November 12, with the network stalled at block height 74,955,152</cite>. On-chain records later showed that <cite>Osmosis resumed block production approximately four hours after the interruption</cite>.
While the chain was down, the Osmosis status page showed partial disruption. <cite>It reported that some services were down, including the mainnet LCD endpoint and the osmosis-1 snapshot service, while the RPC endpoint and app.osmosis.zone showed as operational.</cite>
The halt had a knock-on effect for exchanges. <cite>South Korean exchange Upbit temporarily suspended deposits and withdrawals of OSMO on November 13 after the blockchain stopped producing new blocks.</cite><cite>Upbit kept OSMO spot trading open normally during the interruption.</cite><cite>Rival exchange Bithumb also issued its own OSMO suspension notice</cite>, and <cite>both Bithumb and Coinbase reported transfer issues on the network.</cite>
<h2 id="cause-not-yet-confirmed">Cause Not Yet Confirmed</h2>
No root cause has been publicly confirmed in the sources reviewed. One crypto outlet noted that <cite>none of the sources it reviewed names a confirmed cause.</cite> Another outlet reported that <cite>the disruption is linked to a network upgrade impacting chain operations</cite>, but that has not been confirmed by Osmosis in the statement available.
Market reaction appeared limited. <cite>OSMO traded near $0.037 on November 13, up about 14% over 24 hours according to CoinGecko figures cited by crypto.news, though the outage does not explain the gain, since centralised exchange trading can continue without on-chain settlement.</cite>
Chain halts are not new for the network. In 2022, <cite>Osmosis attributed an earlier outage to a governance proposal, saying validators were getting different app hashes due to non-determinism.</cite> In that case, <cite>Tendermint is designed to halt automatically in such situations to prevent further issues.</cite>
Sources:
<ul>
 <li><a href="https://financefeeds.com/upbit-halts-osmo-deposits-and-withdrawals-after-osmosis-blockchain-stops-producing-blocks/" rel="noopener noreferrer nofollow">FinanceFeeds: Upbit Halts OSMO Deposits and Withdrawals After Osmosis Blockchain Stops Producing Blocks</a></li>
 <li><a href="https://crypto.news/upbit-osmosis-deposits-withdrawals-blockchain-outage/" rel="noopener noreferrer nofollow">crypto.news: Upbit Halts Osmosis (OSMO) Transfers After Network Failure</a></li>
 <li><a href="https://www.chaincatcher.com/en/article/2304442" rel="noopener noreferrer nofollow">ChainCatcher: Osmosis Has Resumed Block Production</a></li>
</ul>
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Osmosis Restores Block Production After Nearly Four-Hour Chain Halt, No Funds Lost

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