Google engineer charged over $1.2M Polymarket insider-trading scheme
Federal prosecutors charged Google software engineer Michele Spagnuolo with commodities fraud, wire fraud and money laundering after alleging he used confidential Google data to trade on Polymarket. The criminal complaint was unsealed on May 27, 2026, and prosecutors said the trades generated more than $1.2 million in profit.
Google paper finds far fewer qubits needed to break ECC, sharpening quantum threat to crypto networks
Google’s Quantum AI team has published a whitepaper arguing that the quantum resources needed to break elliptic-curve cryptography are far lower than previously believed. The revised estimate narrows the gap between theory and practical attack capability, raising new urgency around the security of on-chain signatures and exposed wallet keys.