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Tech Beat · 12 PM Update

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Russia is moving to tighten its grip on retail cryptocurrency trading, limiting non-qualified investors to roughly three thousand six hundred dollars in annual purchases per intermediary, while restricting tradeable assets to bitcoin, ether, and USDT. It's a significant narrowing of the crypto landscape for everyday Russian investors.

On the startup front, AI code-testing company Blacksmith has seen its valuation jump nearly ten times in under a year, with revenue reportedly growing tenfold over the same period. It's a striking signal that investors still have enormous appetite for tools that sit directly inside the developer workflow, particularly anything touching automated testing.

And from the world of developer tools, one engineer frustrated by Atlassian's minimal investment in command-line tooling built his own unofficial Bitbucket CLI by wrapping their existing OpenAPI specification. It's a small story, but it speaks to something larger — when platforms neglect their power users, those users tend to build their own way out.

Keep surfing. Tech Beat out.

Sources

  1. https://thelongswell.com/heat/
  2. https://news.ycombinator.com/item?id=49270776
  3. https://x.com/opendatalo51205
  4. https://www.wired.com/story/how-to-choose-the-right-office-chair/
  5. https://www.coindesk.com/policy/2026/08/12/russia-moves-to-restrict-retail-crypto-trading-to-bitcoin-ether-and-usdt
  6. https://www.techradar.com/pro/32gb-gigastone-gst-game-pro-ram-deal
  7. https://techcrunch.com/2026/08/12/blacksmiths-valuation-jumps-10x-to-550m-as-ai-coding-fuels-software-validation/
  8. https://www.techradar.com/streaming/disney-plus/x-men-97-season-2-ending-explained
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