Pyth has been down for 5 hours, and DeFi protocols collectively run out of funds.


On the same day: Polymarket’s private key leak leads to a $70万 hack, and the U.S. Congress investigates insider trading in prediction markets.
“Decentralization” is not a get-out-of-jail-free card.
The more concentrated the underlying infrastructure is, the greater the systemic risk.
Don’t rush to build tall buildings before the infrastructure is fixed.
PYTH-7.95%
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