Day: March 26, 2025

CME Group Tokenization Pilot Explores Digital Asset Transfers Using Google Cloud

CME Group has joined forces with Google Cloud to launch a tokenization pilot aimed at modernizing wholesale payment processes through a secure, permissioned blockchain network. The announcement, released on March 25, highlights the completion of the first testing phase for Google Cloud Universal Ledger (GCUL), a blockchain infrastructure developed specifically for institutional finance. Goals of […]

US Bank-Issued Stablecoin Avit Lands On Ethereum

Custodia Bank and Vantage Bank have launched Avit, the first US bank-issued stablecoin on the public Ethereum network. This milestone demonstrates how regulated institutions can tokenize dollar deposits while adhering to federal banking standards, opening the door to modernized, programmable payments in the American financial ecosystem. A New Era in Banking The pilot took place […]

AI Finance Security Threatened By Context Manipulation Atacks

AI-driven financial platforms are showing signs of a major security breakdown. A recent study reveals that attackers can manipulate the context in which AI agents operate, enticing them into making unauthorized transactions. These vulnerabilities could expose millions in total value locked (TVL) to exploitation if not addressed. Context Manipulation Threat Researchers from SentientAGI, the Open […]

GameStop Bitcoin Plan aims to strengthen the retailer’s reserves

GameStop has stunned the market by revealing a move to invest in Bitcoin as part of its treasury reserve strategy. This announcement comes on the heels of the company’s underwhelming fourth-quarter 2024 earnings report, which showed a marked decline in net sales. Despite those grim numbers, the Bitcoin plan triggered a six percent after-hours jump […]