Former SEC chairman Jay Clayton has been appointed as AI Czar by the Trump administration. Veteran trader Peter Brandt has turned bullish on Bitcoin, predicting a peak of $300,000 to $600,000 by late 2029. The NEAR protocol saw its SHIELD AI system successfully block a $3.8 million exploit and Bitget’s hacked funds, sparking a debate about decentralization. Layer 2 network Blast, founded by Pacman Roquerre, announced its shutdown after operating costs exceeded revenue. In September, crypto hacks and exploits caused estimated losses of over $766 million, the worst month of the year. Tether froze nearly $550 million in Iran-linked USDT.
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