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Cosmos Hub Outage Causes Blockchain Downtime for 4 Hours

Cosmos Hub experienced a blockchain outage that lasted for approximately four hours during a v17 upgrade. However, the issue has been resolved, and normal operations have resumed. Informal Systems and Hypha Cosmos will release a post-mortem report to provide details about the outage and the steps taken to fix it. This incident is part of a series of similar disruptions in other blockchain networks this year, including dYdX Chain and Solana. These outages highlight the challenges that come with system upgrades. It’s worth noting that the information provided in this article is for general market commentary and should not be considered investment advice. Conducting your own research is encouraged before making any investments.