Pyth Network's free product Pyth Core has resumed normal operation at 9 PM
Pyth Network's free product Pyth Core experienced downtime this morning (UTC time) and has resumed normal operation at 13:00 UTC (21:00 Beijing time). The paid product Pyth Pro was not affected, and platforms using Pyth Pro, such as Kalshi, Coinbase, and LMAX, continued to operate without interruption. Pyth Network stated that Pyth Core is an old version of the oracle layer planned to be deprecated by a DAO resolution on July 31, and teams that have not yet migrated should switch to Pyth Pro as the new infrastructure for ongoing support.
-- Price
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Pyth Pro Records $7.49 Million in Annualized Revenue for July, Up 22%
Pyth launches continuous price index for US stocks and commodities, supporting all-weather trading markets
Pyth Network has announced plans to establish the PYTH Reserve and conduct a monthly open-market buyback of the PYTH token.
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