Google Cloud, Solana Foundation roll out new pay-as-you-go system for AI agents
Solana Foundation and Google Cloud launched Pay.sh, enabling AI agents to autonomously discover, access, and pay for APIs using Solana blockchain. This integration streamlines AI bot operations while leveraging Solana's transaction speed and low costs. The development strengthens Solana's enterprise adoption prospects and positions it as infrastructure for AI-driven applications, potentially attracting Indian developers building autonomous systems.
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Drift outlines a recovery plan for users after $295 million DPRK-linked exploit
Drift Protocol outlined a recovery plan following a $295 million exploit attributed to North Korean hackers. The framework includes recovery tokens pegged to verified losses and a growing compensation pool funded by protocol revenue, Tether support, and partners. Drift plans a security-focused relaunch in Q2 with enhanced controls, mirroring industry-wide recovery efforts after major DPRK-linked DeFi hacks.
Tokenization won't disrupt banking rails but improve them, Wall Street executives say
Wall Street executives from Citigroup, JPMorgan, and DTCC say blockchain tokenization is moving from pilots into production, handling real volumes for actual clients. Banks are integrating tokenization into existing infrastructure to enable 24/7 fund movement and faster settlement. Executives stress evolution over disruption—traditional finance and decentralized systems are converging while core intermediaries remain essential for compliance and risk management.
