The post Google Engineer Makes $1.2M on Polymarket Using Confidential Search Data appeared on BitcoinEthereumNews.com.
Key Takeaways Authorities accused a Google employee of using internal data to trade Polymarket contracts. The case could shape how regulators police prediction markets tied to company information. Possible penalties include criminal charges, civil fines, trading bans, and prison time. Google Search Data Case Tests Polymarket’s Market-Integrity Rules Google software engineer Michele Spagnuolo was charged with commodities fraud, wire fraud, and money laundering after authorities accused him of using confidential Google data to profit from Polymarket contracts. Prosecutors said he made more than $1.2 million through a Polymarket account known as “AlphaRaccoon,” according to the U.S. Department of Justice (DOJ). The case focuses on Google’s 2025 Year in Search results. Prosecutors said Spagnuolo accessed internal search rankings labeled “Google Confidential” and used that
The post Youtuber Warns Bitcoin Bottom Is Not In as Stablecoin Dominance Hits Risk-off Level – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Tether burned $1.2 billion in 24 hours on May 31, matching a pattern that preceded Bitcoin’s drop from $90,000 to $60,000 in February 2026. Blackrock removed $2.1 billion in bitcoin over ten days while firms like Strive acquired 1,100 BTC in a single session, reflecting a split in institutional conviction. Polymarket priced an 85% chance Bitcoin reaches $70,000 before $90,000, with TradingView moving averages confirming a strong sell posture at current levels. 1-Hour Chart: Compression at Resistance On the 1-hour chart, bitcoin has built a series of higher lows since testing $73,100, which is a structure that hints at short-term buying interest. However, price has repeatedly been rejected near $74,100 to $74,200, and the repeated ceiling tests have compressed price into an increasingly tight range. The intraday support zone sits
The post Polymarket Insider Case: Why Abuse Rules Matter appeared on BitcoinEthereumNews.com.
Event markets have jumped from niche to mainstream, pricing elections, macro prints, and real-world outcomes in real time. But with sharper liquidity comes sharper concerns: who knows what, and when? The latest Polymarket insider-trading flap has pushed prediction venues into the policy spotlight. This article unpacks what qualifies as insider trading in event markets, what changed in 2026, and the rulebook these platforms will likely need. You’ll also find practical checklists for operators and traders, a comparison of market-abuse frameworks, and clear next steps to reduce risk without killing liquidity. Quick Answer Editor’s note: In Q1–Q2 2026 I watched prediction markets mature fast: liquidity deepened around U.S. macro prints and elections, and spreads tightened as new makers arrived. At the same time, desks started asking me about surveillance—especially after Congressional letters hit
A Google engineer is facing federal charges after prosecutors said he used confidential search data to make more than $1.2 million on Polymarket. The case puts new scrutiny on prediction-market rules and insider trading tied to private company information. Google Search Data Case Tests Polymarket’s Market-Integrity Rules Google software engineer Michele Spagnuolo was charged with […]
The post Google Unveils Gemini Omni and Gemini 3.5 Flash AI Models appeared on BitcoinEthereumNews.com.
Alvin Lang
May 29, 2026 18:16
Google debuts Gemini Omni and 3.5 Flash at I/O 2026, showcasing AI advances in video creation, agentic workflows, and coding capabilities.
Google has unveiled its latest AI innovations, Gemini Omni and Gemini 3.5 Flash, during its annual I/O event on May 19, 2026. These models represent a significant leap in AI capabilities, with Omni focusing on multimodal media generation and Flash designed for complex, task-oriented workflows. Gemini Omni is positioned as a “world model” capable of synthesizing inputs like text, images, video, and audio into high-fidelity video outputs. Key features demonstrated include conversational video editing, where users give natural language prompts to modify scenes iteratively. For example, Omni can “dim the lights,” “transform objects,” or even “reimagine settings” with photorealistic precision. This makes
The exclusive deal puts prediction markets in front of OneFootball's 200 million monthly active users — and a wider 645-million-fan ecosystem — as Polymarket's 2026 soccer-distribution stack reaches saturation ahead of the June kickoff.
The $3.5 trillion-a-year crypto market maker said it is streaming two-sided quotes across event contracts on leading venues, including Polymarket and Kalshi, as monthly turnover passes $20 billion.
ZeroTier CEO warns adversaries are already harvesting encrypted crypto authentication data for future quantum decryption. Google targets 2029 for post-quantum migration, citing store-now-decrypt-later attacks as an immediate and credible threat. Ethereum has launched a post-quantum migration plan, but Bitcoin and major crypto exchanges have yet to commit to one. ZeroTier CEO Andrew Gault says quantum […]
The post ZeroTier CEO Says Quantum Attackers Are Already Collecting Crypto Data appeared first on Live Bitcoin News.
