Vitalik Pushes Trustless Tech As The WLFI Token Stumbles
By Damilola Esebame
AI summary of the source article
At Devcon 8, Ethereum co-founder Vitalik Buterin advocated for trustless cryptographic infrastructure. Meanwhile, World Liberty Financial's WLFI token dropped 4.75% amid long liquidations, and Tron founder Justin Sun sued the project for fraud over frozen tokens.
Key facts
- Vitalik Buterin advocated for cryptographic proofs and open-source infrastructure at Devcon 8 in Mumbai to reduce reliance on intermediaries.
- World Liberty Financial's WLFI token dropped 4.75% to $0.04926, triggering over $160,000 in long liquidations across major exchanges.
- Tron founder Justin Sun sued WLFI alleging fraud after the project froze his tokens, following an alleged $45 million investment.
Source excerpt · FinanceFeeds
Ethereum co-founder Vitalik Buterin used the Devcon 8 stage in Mumbai to advocate for cryptographic proofs and open-source infrastructure as alternatives to trust-based systems. The same day, World Liberty Financial (WLFI) , the Trump family’s decentralized finance protocol, saw its token fall 4.75% to $0.04926 after a cascade of long liquidations. Buterin Outlines a Trustless Roadmap at Devcon 8…