There was a change in the format of the ~/.gaiad/config/priv_key.json in the latest release of Tendermint core (through go-amino).
To switch your key to the new format you will need to change three type fields from random strings to human readable names. The following fields need to be changed:
.pub_key.type -> tendermint/PubKeyEd25519
.last_signature.type -> tendermint/SignatureEd25519
.priv_key.type -> tendermint/PrivKeyEd25519
Examples of new and old files are below:
{
"address": "3932BFD12BC9584ECCBE38F9CCFA97FA173CC873",
"pub_key": {
"type": "AC26791624DE60",
"value": "wSTygw+OfryqInQu0xVS3rGTnSjBXjWC8jHY/TzgvSE="
},
"last_height": 519423,
"last_round": 0,
"last_step": 3,
"last_signature": {
"type": "6BF5903DA1DB28",
"value": "Q4xlUcJVyRGHj7VB3kY2amy7v+hANPCY4NKHGj7EKVHAteJdPwAYnQeZjBXfxG5q1gbc/uKC8iDuf1iGjJqDDg=="
},
"last_signbytes": "7B2240636861696E5F6964223A22676169612D36303032222C224074797065223A22766F7465222C22626C6F636B5F
6964223A7B7D2C22686569676874223A3531393432332C22726F756E64223A302C2274696D657374616D70223A22323031382D30362D3237543
0373A33323A35312E3130395A222C2274797065223A327D",
"priv_key": {
"type": "954568A3288910",
"value": "ATGo9d0Xxu4idtmDbQqgpnNSw1dPz6MVW+TlibVEZGTBJPKDD45+vKoidC7TFVLesZOdKMFeNYLyMdj9POC9IQ=="
}
}{
"address": "3932BFD12BC9584ECCBE38F9CCFA97FA173CC873",
"pub_key": {
"type": "tendermint/PubKeyEd25519",
"value": "wSTygw+OfryqInQu0xVS3rGTnSjBXjWC8jHY/TzgvSE="
},
"last_height": 519423,
"last_round": 0,
"last_step": 3,
"last_signature": {
"type": "tendermint/SignatureEd25519",
"value": "Q4xlUcJVyRGHj7VB3kY2amy7v+hANPCY4NKHGj7EKVHAteJdPwAYnQeZjBXfxG5q1gbc/uKC8iDuf1iGjJqDDg=="
},
"last_signbytes": "7B2240636861696E5F6964223A22676169612D36303032222C224074797065223A22766F7465222C22626C6F636B5F
6964223A7B7D2C22686569676874223A3531393432332C22726F756E64223A302C2274696D657374616D70223A22323031382D30362D3237543
0373A33323A35312E3130395A222C2274797065223A327D",
"priv_key": {
"type": "tendermint/PrivKeyEd25519",
"value": "ATGo9d0Xxu4idtmDbQqgpnNSw1dPz6MVW+TlibVEZGTBJPKDD45+vKoidC7TFVLesZOdKMFeNYLyMdj9POC9IQ=="
}
}