You are probably all aware that web3 1.x has been in beta for a lonnnnnnnng time… and that has caused massive frustrations in the community. Well, the long wait is finally over, as Web3 1.2 (stable version) has been finally released!
The version which has been released is aligned with the beta37, which has a lot of bug fixes. All the work of beta versions from beta38 to beta55 are moved to web3 2.0-alpha.
So make sure you update your projects with Web3 1.2.