Wu Blockchain reported that an outage occurred in the Pythnet and Hermes systems of oracle solution Pyth Network (PYTH), causing core price feeds and advertising feeds to be suspended for over 4 hours. The project stated that "validators have identified the cause and are coordinating the timing for service resumption." Wu Blockchain explained that "this outage could also affect the trading, lending, and liquidation functions of DeFi protocols that rely on Pyth oracle data."
