Donald Trump’s World Liberty Financial (WLFI) token launch on October 16 underperformed, generating only $12.7 million in sales, with $287 million worth left unsold. The token was marketed as a means for investors to participate in governance of a future DeFi protocol, but its trading showed lackluster interest, selling only 4.24% of the total token supply in its first day. Meanwhile, concerns have arisen regarding Ethereum's centralization, as two block builders accounted for 88.7% of mainnet blocks in the first two weeks of October. This centralization arises from a concentration of private order flows, limiting competition among builders. Additionally, fraudulent emails targeting Ledger users have surfaced, aiming to trick them into enabling a fake security feature. In another development, Fracture Labs is suing Jump Trading for allegedly orchestrating a pump-and-dump scheme with its gaming token, and allegations of insider selling have emerged following a price rally in the Sui token, with significant sums reportedly offloaded during the surge. Overall, as various issues unfold in the crypto space, the landscape remains dynamic and fraught with both excitement and concern.

Source 🔗