Ethereum co-founder Vitalik Buterin has just donated over $760,000 in Ether to two projects he says are pushing digital privacy forward. Ethereum co-founder Vitalik Buterin has disclosed a donation of approximately $760,000 in Ether to two crypto messaging apps that he views as pushing the boundaries of digital privacy. Encrypted messaging apps, like Signal, are “important for preserving our digital privacy,” Buterin said in an X post on Wednesday, adding the next steps for the space should be permissionless account creation and metadata privacy. Decentralized messaging apps Session and SimpleX Chat are “pushing these directions forward,” Buterin said, adding that he “donated 128 ETH to each” and encouraged users to try them. Read more
Australia has taken another step to introduce legislation that will subject crypto platforms to the same laws and licensing obligations as financial institutions. Australia’s government has introduced a new bill that will regulate crypto platforms under existing financial services laws after an industry consultation saw cautious support for the legislation. Assistant Treasurer Daniel Mulino introduced the Corporations Amendment (Digital Assets Framework) Bill 2025 on Wednesday, which would require crypto companies such as exchanges and custody providers to obtain an Australian Financial Services License (AFSL). “Across the world, digital assets are reshaping finance,” Mulino told the House on Wednesday. “Australia must keep pace. If we get this right, we can attract investment, create jobs and position our financial system as a leader in innovation.” Read more
BitMine chair Tom Lee says Bitcoin’s “best days” are still ahead, but has seemingly eased off his bullish prediction of $250,000 Bitcoin by the end of 2025. BitMine chair Tom Lee has seemingly eased off his widely promoted $250,000 year-end Bitcoin forecast, now only giving it a “maybe” that Bitcoin can reclaim its October all-time high of $125,100 before the end of the year. “I think it’s still very likely that Bitcoin is going to be above $100,000 before year-end, and maybe even to a new high,” Lee said during an interview with CNBC on Wednesday. This appears to be the first time Lee has publicly softened his $250,000 year-end Bitcoin (BTC) price target, which he initially floated earlier in 2024 and continued to reiterate through early October. Read more