Ethereum Core Developer Launches Foundation Aiming for $10,000 ETH

Ethereum core developer Zac Cole has founded the ethereum Community Foundation (ECF), a new organization with the ambitious goal of driving ETH's price to $10,000. The ECF plans to achieve this through infrastructure funding, token burns, and strategies to boost institutional adoption. Emphasizing radical transparency, the foundation will openly share all funding decisions and governance discussions. This initiative highlights a strong commitment to creating value for ETH holders and fostering long-term growth in the Ethereum ecosystem.

Ethereum Core Developer Launches Price-Focused Foundation Targeting $10,000 ETH

Ethereum core developer Zac Cole has established the Ethereum Community Foundation (ECF), a new organization dedicated to driving ETH's price to $10,000. The foundation will prioritize value-creation for ETH holders through infrastructure funding, token burns, and institutional adoption strategies.

The ECF distinguishes itself through radical transparency—all funding decisions and governance discussions will be publicly accessible. Its roadmap includes onboarding traditional assets like stocks and real estate onto Ethereum's blockchain, alongside proactive engagement with global regulators to foster crypto-friendly policies.

This initiative emerges as ETH struggles to match Bitcoin's ETF-driven momentum, despite Standard Chartered's bullish $8,000 price target for 2026. The ECF's burn-focused mechanism and institutional outreach could realign market focus on Ethereum's value proposition beyond smart contract utility.

Tornado Cash Case Closed: Ethereum Mixer Free From Legal Challenges

The US Court of Appeals for the Eleventh Circuit has dismissed the legal dispute between Coin Center and the US Treasury Department over sanctions imposed on Tornado Cash. The Treasury Department's Office of Foreign Assets Control (OFAC) removed the crypto mixer from its sanctions list earlier this year, rendering the case moot.

Peter Van Valkenburgh, Coin Center's executive director, hailed the decision as a victory against what he called an overreach in sanctions enforcement. Tornado Cash was sanctioned in August 2022 for alleged money laundering ties, sparking lawsuits from crypto advocacy groups questioning OFAC's authority.

The appellate court had previously expressed skepticism about OFAC's jurisdiction in the matter. With the sanctions rescinded, the legal battle concludes—a significant development for Ethereum-based privacy tools.

Vitalik Buterin Advocates for Copyleft Licenses to Safeguard Crypto Innovation

Ethereum co-founder Vitalik Buterin has shifted his stance on software licensing, now endorsing copyleft models over permissive alternatives like MIT or CC0. The change reflects growing concerns about corporate secrecy in blockchain development. "Historically, I was a fan of the permissive approach," Buterin noted, referencing his personal blog's WTFPL license. "More recently, I am warming up to the copyleft approach."

The proposal responds to what Buterin describes as a "mercenary trend" where projects increasingly withhold code. Copyleft licenses compel derivative works to remain open-source, creating enforceable reciprocity rather than relying on voluntary collaboration. This mechanism aims to prevent large entities from privatizing community-built tools while maintaining decentralized development.

Buterin's position signals a philosophical pivot in crypto governance. Where permissive licenses once dominated, copyleft now emerges as a defensive measure against centralization. The approach could reshape how foundational blockchain infrastructure evolves, particularly for Ethereum-based projects.

Ethereum Price Forecast: ETH to $10K or Ozak AI to $1—Which Crypto Has the Edge?

Ethereum (ETH) and Ozak AI (OZ) are capturing investor attention as they chart divergent paths in the crypto market. Ethereum, trading at $2,421 after a 5% dip, faces technical resistance but retains long-term potential through LAYER 2 adoption and institutional interest. Its shift to Proof of Stake has improved scalability, though congestion issues persist.

Meanwhile, Ozak AI emerges as a dark horse with a $0.005 presale price and speculative 300x upside. The AI-integrated project taps into growing demand for decentralized machine learning solutions, though its unproven model carries higher risk.

Market dynamics favor Ethereum's stability against Ozak's high-risk, high-reward proposition. The coming months will test whether institutional capital flows toward established smart contract platforms or speculative AI tokens.

U.S. Govt. Ethereum Transfer to Coinbase Sparks Market Buzz

The U.S. government has transferred 86.56 ETH, valued at approximately $219,000, to Coinbase Prime. This on-chain movement has generated significant market attention, highlighting institutional activity in the cryptocurrency space.

Such transactions often serve as indicators of broader market trends, with Ethereum remaining a focal point for both public and private sector interest. The transfer underscores the growing intersection between traditional governance and digital asset ecosystems.

Two Ethereum Genesis Wallets Awaken, Transfer $2.9M ETH Amid 90,000% Appreciation

Two dormant Ethereum wallets from the Genesis block era suddenly became active, moving 9,000 ETH worth approximately $2.9 million. The transaction highlights Ether's staggering 90,000% price appreciation since these wallets initially received their allocations a decade ago.

Such movements from original Genesis wallets often spark market speculation about early investors' intentions. The timing coincides with Ethereum's continued dominance in smart contract platforms and growing institutional adoption.