This week, “Deconstruction” focuses on new crypto market regulations in Russia, AI replacing developers at Coinbase, and market manipulation in prediction markets. We also discuss saving the economy from neural networks, contrasting cryptocurrency regulations in Asia, and user de-anonymization using OSINT.
New Limits in Russia
The State Duma has prepared a bill to regulate the crypto market. It introduces a mandatory 48-hour delay for large transfers: if a legal service processes such a transfer without the pause and the assets end up with fraudsters, it must reimburse the client from its own funds.
Meanwhile, importers are allowed to use any cryptocurrencies and foreign exchanges, which will help bypass sanction blocks. The purchase of traditional securities with cryptocurrency is also being legalized.
AI Writes 95% of Coinbase Code
Coinbase has shifted code creation to AI, with the generation share reaching 95%. Each engineer now has up to 10 AI assistants, collectively performing the work of 1,200 full-time positions.
The hype around social Web3 services has ended: the tech sector is moving to a pragmatic model where developers are replaced by neural networks, and the focus shifts to what truly generates profit—stablecoins and the tokenization of real assets.
Manipulations on Polymarket
Systematic manipulations have been identified on the Polymarket platform. Exactly ten seconds before the end of a five-minute Bitcoin price contract, a manipulator injects large capital into the spot market, temporarily distorting the price and profiting from it.
Decentralized prediction markets are still vulnerable to the brute force of capital, and the multimillion-dollar profits of the perpetrators are effectively paid by ordinary retail investors through their direct losses.
Resistance to the AI Race
A former OpenAI researcher has published a scenario for salvation from AI: an agreement to freeze the AI race and place data centers in vulnerable territories of competitors to protect against deception.
Society has realized the real threat to jobs, as the forecast of employment falling by 12% means the collapse of the traditional economy long before states implement and learn to distribute trillions from the “computing power tax.”
Asian Divide
Geography now determines the legal status of crypto users. In Japan, the crypto market is transitioning under strict investment legislation—this is a path of full assimilation, legal security for investors, and clear taxes.
In China, however, using mixers or private coins is proposed to be considered sufficient proof of intent for money laundering, and the defense will have to prove otherwise in court.
OSINT Against Anonymity
OSINT specialists link wallet addresses to real people’s names in four stages. To fully reveal their identity and nullify financial privacy, a user only needs to make one mistake.
Well-known detectives do not have specialized education, and they conduct their most high-profile investigations from ordinary laptops using free tools available to everyone.
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