Russia to Let Banks Handle Crypto Under Strict Rules; 20M Russians Already Use It

Russia is moving closer to formally integrating crypto into its financial system, as officials acknowledge widespread adoption and the central bank prepares to let banks handle digital assets under tight controls. According to a report by TASS, Deputy Finance Minister Ivan Chebeskov said around 20 million Russians now use cryptocurrencies “for various purposes,” describing them…

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Musk’s Boring Co. violated environmental regulations nearly 800 times, Nevada alleges

Elon Musk’s Boring Co., the tunneling and infrastructure firm, repeatedly violated state environmental regulations, even after the company agreed not to, Nevada regulators say. The Boring Co., which is in the process of expanding a tunnel network under Las Vegas, is accused of nearly 800 violations, according to a report from ProPublica. Nearly 100 of…

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Volatility Creeps Higher as Seasonal Strength Kicks In

Bitcoin’s BTC$113,244.11 implied volatility (IV) gauge has climbed to a 2.5-month high, consistent with the seasonal trends. Volmex’s bitcoin implied volatility index, BVIV, which represents the annualized expected price turbulence over four weeks, has topped 42%, the highest since late August, according to data source TradingView. IV measures the market’s expectations for future price swings…

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While OpenAI races to build AI data centers, Nadella reminds us that Microsoft already has them

Microsoft CEO Satya Nadella on Thursday tweeted a video of his company’s first deployed massive AI system — or AI “factory” as Nvidia likes to call them. He promised this is the “first of many” such Nvidia AI factories that will be deployed across Microsoft Azure’s global data centers to run OpenAI workloads. Each system…

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Keira Knightley Does Ruth Ware

You’ll have to suspend disbelief early on in Simon Stone’s “The Woman in Cabin 10,” a chilly, silly adaptation of Ruth Ware’s bestselling thriller novel of the same name. Consider this: Keira Knightley stars as hard-hitting journalist Laura “Lo” Blacklock, back in London after a particularly rough assignment (some lady died), and eager to hide…

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