🥹 Berkshire fell to zero overnight, did Buffett run away?
On the evening of June 3, the New York Stock Exchange showed abnormal stock prices due to technical failure. Among them, Berkshire Hathaway's Class A shares showed a stock price plunge of nearly 100%, almost to zero.
Also affected were stocks such as Barrick Gold and Newcastle Power, the latter of which also plummeted by about 99%. The New York Stock Exchange immediately suspended trading of these stocks.
🔶 This incident exposed the vulnerability of the traditional financial system and the highly centralized architecture
You should know that the price feeding system of cryptocurrency exchanges mainly relies on distributed oracles. Even if an oracle node fails or is attacked, it will not affect the pricing of the entire exchange. This reflects the superiority of blockchain.
Positive oracle sector:
#BTC走势分析 #BTC #ETH
