Same problem here, on Kobo Aura HD. Just downgraded now to version 4.33.19759 and it (sync) immediately worked again. While the latest fw was released in september, I'm almost sure this issue is recent as I once in a while cheked if a new firmware was available, given that my old model was receiving new updates at every two or so months. Definately an issue related to firmware.
Before this, I've checked all my home network settings, tried public networks, re-added my sync accounts and no dice. All I'm interested is in fw update tbh and I guess I'll just keep wifi off until a month or so from now, hopefully with a new fw that fixes this.
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