Polymarket faces insider trading scrutiny as Google engineer charged with fraud

At this year’s Google I/O, the atmosphere at the Shoreline Amphitheatre was electric as the CEO laid out a vision for a world deeply intertwined with agentic AI. We heard about the sheer computing muscle of the new TPU 8i […] The post The War on Deepfakes: How Google’s C2PA Integration at I/O 2026 is Fighting Back to Protect Our Reality appeared first on TechSpective.

As Apple tries to shrink Gemini for the iPhone, a cloud component is probably inevitable.

Google DeepMind CEO Demis Hassabis believes progress toward artificial general intelligence (AGI) is moving faster than expected and that society now has only a few years to prepare. He believes AGI could arrive around 2030, though acknowledges it could be here in 2029 — or even sooner. In an interview with Axios, Hassabis said that today’s AI agents — systems capable of performing tasks independently — should be viewed as a sort of “practice run” for significantly more powerful AI in the future. He also warned that governments, economists, and society at large are not taking this development seriously enough. One particular risk he highlighted is that AI systems in the future might begin to improve their own development. “All the leading labs are pretty focused on that,” Hassabis told Axios. “It will yield clear benefits in the form of faster research. But there are also risks associated with that type of system.”

The Google employee case is the second federal prosecution tied to alleged prediction market insider trading on Polymarket.

Here are 12 of the biggest Google I/O 2026 keynote moments, including news about Gemini Omni, Gemini 3.5 Flash and more.

This case underscores the legal risks of exploiting corporate data in prediction markets, potentially tightening regulatory scrutiny on such platforms. The post Google engineer charged with insider trading on Polymarket after $1.2M in alleged profits appeared first on Crypto Briefing.

Institutional interest in prediction markets raises questions around liquidity, market depth, event risk and the line between trading and betting.

The post States have lost $1 billion due to prediction markets: Gaming association appeared on BitcoinEthereumNews.com. The American Gaming Association now estimates that states have missed out on more than $1 billion in tax revenue due to the rise of prediction markets.  In an appearance on CNBC’s “Squawk Box” detailing the estimate, association president and CEO Bill Miller said that the lost money has consequences for communities due to the taxes states collect on regulated gambling.   “It’s about states and tribes that are losing literally a billion dollars today in state and tribal revenue that would otherwise go to fund important community projects,” he said, referencing the consequences it has on Native American casinos’ revenues too.  Miller — whose organization is an advocate for casino operators, manufacturers and employees — said prediction markets amount to “backdoor sports betting.” The only difference, in his view, is that they aren’t regulated in the same way as sportsbo