ERROR: failed to query versions: cat: could not resolve name

➜ ~ ipfs-update --verbose versions

  • fetching “/ipns/dist.ipfs.io/go-ipfs/versions”
  • using local ipfs daemon for transfer
    ERROR: failed to query versions: cat: could not resolve name

Your local ipfs daemon is having trouble to resolve /ipns/dist.ipfs.io. Check that it is well connected. This resolution uses DNS, so I can only guess lack of connectivity of some sort.