us-politics

Former SEC boss made AI Czar, Bitcoin may hit $600K this cycle: Hodler’s Digest

President Donald Trump named former SEC chair and current director of national intelligence Jay Clayton to lead a new "Super Intelligence Force," a role framed as coordinating U.S. government efforts on advanced AI. The week also saw several crypto industry developments: NEAR's SHIELD system blocked a $3.8 million exploit and recovered the funds, Ethereum's Glamsterdam upgrade is scheduled for Sepolia on Oct. 6, and Layer-2 Blast announced it will shut down after proving economically unsustainable.