Google defends crypto rails over bank accounts

Cybercriminals used an AI model to find and weaponize a previously unknown software flaw, Google's threat team confirmed Monday.

The rise of AI-driven cyberattacks necessitates enhanced global cybersecurity measures to protect critical infrastructure and sensitive data. The post Google warns hackers are using AI to build zero-day exploit for planned mass cyberattack appeared first on Crypto Briefing.

Venmo's restructuring could reshape fintech dynamics, impacting crypto strategies and investor confidence amid potential acquisition shifts. The post Venmo unveils major redesign as PayPal restructures for potential sale appeared first on Crypto Briefing.

For the first time, Google says it has spotted and stopped a zero-day exploit developed with AI. According to a report from Google Threat Intelligence Group (GTIG), "prominent cyber crime threat actors" were planning to use the vulnerability for a "mass exploitation event" that would have allowed them to bypass two-factor authentication on an unnamed "open-source, web-based system administration tool." Google's researchers found hints in the Python script used for the exploit that indicated help from AI, like a "hallucinated CVSS score" and "structured, textbook" formatting consistent with LLM training data. The exploit takes advantage of … Read the full story at The Verge.

Criminal groups and state-linked actors appear to be using commercial models to refine and scale up attacks Business live – latest updates In just three months, AI-powered hacking has gone from a nascent problem to an industrial-scale threat, according to a report from Google. The findings from Google’s threat intelligence group add to an intensifying, global discussion about how the newest AI models are extremely adept at coding – and becoming extremely powerful tools for exploiting vulnerabilities in a broad array of software systems. Continue reading...

The post PayPal and Google Cloud Say Crypto Is Only Viable Payment Layer for AI Agent Economy appeared on BitcoinEthereumNews.com. AI agents cannot open bank accounts making crypto the only payment option. Google launched Agentic Payments Protocol AP2 with 120 partners globally. Only 20% of merchants have machine readable catalogs despite 95% seeing AI traffic. AI agents can browse the web, negotiate services, and execute tasks autonomously. But they cannot open a bank account. Not because the process is difficult. Because it is structurally impossible under current technological and regulatory frameworks. That single constraint, laid out at CoinDesk’s Consensus Miami conference, is reshaping how the technology industry thinks about the future of payments. “An agent cannot get a bank account. It’s not hard, it just is impossible,” said Richard Widmann, global head of Web3 strategy at Google Cloud. Crypto, he argued, fills the gap naturally. It is a machine-readable interface that agent

The company said that it had identified, for the first time, hackers using artificial intelligence to discover an unknown bug. The attempted attack represents “a taste of what’s to come,” one expert said.

The post Google just updated its stock investment portfolio appeared on BitcoinEthereumNews.com. While coverage of 13-F filings tends to focus on individual celebrity investors such as Michael Burry or Warren Buffett, or major banks, another important actor in the business world provided an update for its stock portfolio in early May: Alphabet (NASDAQ: GOOGL). The document showed that between the fourth quarter (Q4) of 2025 and Q1 of 2026, Google increased the value of its holdings by as much as $1.5 billion despite decreasing the number of company stocks held by 3: from 29 to 26. Simultaneously, it showed that the balance within the portfolio changed significantly, with an entirely new equity taking the top spot and accounting for as much as 26% of the total. Google Q1 2026 stock investment portfolio. Source: SEC Google bought and sold these stocks in Q1, 2026 Specifically, Google appears to have developed entirely new positions in three companies: nearly 3.5 million shares of CME Gro