dYdX (Native)

<ul><li>dYdX protocol&#39;s v4.0.0 upgrade triggers significant chain halt, and the technical team is engaged in urgent problem-solving efforts.</li><li>This marks the first major operational disruption for dYdX since Cosmos blockchain integration.</li><li>While the market responds to dYdX&#39;s technical challenges, token value sees fluctuation amidst ongoing efforts to resolve the outage.</li></ul>The <a href="https://cryptotale.org/?s&#61;dYdX" rel="noopener noreferrer nofollow">dYdX</a> derivatives exchange protocol recently experienced an unexpected halt in operations. This event marks a significant challenge for the platform, particularly following its transition to a standalone Cosmos blockchain in October with the launch of dYdX version 4.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/c49c984acdac43f296eefa37c58a62d6.png" />dYdX, known for its robust trading framework in the DeFi space, had planned a protocol upgrade to version 4.0.0. While the upgrade was completed at 6:30 UTC issues emerged approximately 20 minutes later, leading to a complete stoppage of block production. This disruption, confirmed by on-chain data and reported in an incident update, represents the first major operational interruption since the protocol&#39;s recent major version release.<a href="https://cryptotale.org/dydx-encounters-technical-setback-amidst-scheduled-upgrade/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

dYdX Encounters Technical Setback Amidst Scheduled Upgrade

CryptoTale

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