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Gambling Layoffs Increase as Prediction Markets and AI Reshape Sports Betting
- Penn Entertainment cuts 75 jobs as Gambling.com slashes a quarter of its workforce.
- Incoming Gambling.com CEO says AI now generates 80% of new engineering code.
- Polymarket and Kalshi keep siphoning bets from sportsbooks as event contracts grow.
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Yaroslav Ivanov at Consensus 2026: Crypto’s Institutional Era Became Impossible to Ignore
- Consensus 2026 showed crypto entering a more institutional phase, with banks, asset managers, public companies, and policy voices taking a larger role.
- Yaroslav Ivanov argues crypto can welcome institutional adoption while preserving decentralization, self-custody, and open participation.
- Bullish’s tokenized shares on Solana showed how blockchain is beginning to enter regulated market operations beyond crypto-native assets.
China Forces FIFA Into a Huge World Cup Discount
- FIFA wanted $300M for China World Cup rights. It walked away with $60M.
- China Media Group locked the deal 27 days before the June 11 opener.
- North American prime time hits Beijing at 12 a.m. to 6 a.m., gutting ads.
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Microsoft Hit by $3.2 Billion Sell-Off From Bill Gates Foundation
- MSFT slipped 0.42% to $422.07 after Gates Foundation's full $3.2 billion exit.
- Foundation needs liquidity to lift annual grants to $9 billion by 2026.
- Endowment wind-down by 2045 drove the sale, not a bearish MSFT view.
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What Are the Best Oil and Gas Trading Platforms in 2026
Comparison of top oil and gas trading platforms by access type, supported markets, tools, fees, risk controls, and user fit in 2026.
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3 Altcoins Flash Bullish Breakout Signals Heading Into the Weekend
- Three altcoins flash bullish breakout setups heading into the weekend.
- ZEC retests the 0.618 Fib support near $534 after a strong rally.
- HYPE eyes $48 breakout while FLR clears falling wedge resistance at $0.0096.
Eric Trump Pushes Back at Warren Over Nvidia Stake Tied to China Trip
- Eric Trump says family assets sit in a blind trust with broad-market index exposure.
- Warren tied Nvidia purchases to eased US AI chip exports to China.
- Q1 disclosure showed up to $1 million Nvidia buy on January 6.
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Crypto Adoption Meets AI Security: A Discussion with Binance Chief Security Officer Jimmy Su
From its early, rapid-growth stages, Binance has become the largest global player in the cryptocurrency brokerage space. That position has given Binance a clear, pro-crypto voice worldwide as countries look to regulate and adapt to the growth and implementation of cryptocurrency assets. At Consensus 2026 in Miami Beach, BeInCrypto met up with Jimmy Su, Chief
X Algorithm Repo Sits at One Commit 4 Months After Open-Source Promise
- Musk pledged in January to open-source X's algorithm with monthly developer updates.
- The repo at xai-org has not been updated since its January 17 launch.
- Crypto users say missing weights and an admitted 'sample' model amount to open-washing.
