dYdX Chain halts block production following network upgrade

dYdX is facing a chain halt amid a scheduled upgrade, marking its first major outage since the launch of its fourth version. Cosmos-based dYdX Chain stopped producing blocks on Apr. 8 shortly after the network underwent a scheduled upgrade to its fourth version. According to the project’s status page, the issue “continues to be investigated,” adding that it’s been...

Picasso Network integrates IBC with Ethereum, improves cross-chain interoperability

In collaboration with the Composable Foundation, Picasso Network has announced the integration of the Inter-Blockchain Communication protocol with Ethereum. The integration allows for transferring assets and data between Ethereum (ETH) and the Cosmos ecosystem, facilitating cross-chain interoperability. “By connecting Ethereum with Cosmos through IBC and designating Osmosis as the primary liquidity hub, we are setting the stage for a new chapter...