DEEPSEEK
DeepSeek is an AI company and a family of large language models based in Hangzhou, China. It was founded in 2023 and funded by High-Flyer, a well - known quantitative asset management giant. DeepSeek is dedicated to developing advanced large language models and related technologies. It has released several models, including DeepSeek LLM, DeepSeek Coder, DeepSeekMath, and DeepSeek - VL. The latest version, DeepSeek - V3, which was launched in December 2024, has 67.1 billion parameters and was trained on a dataset of 14.8 trillion tokens. It uses FP8 training and open - sources the native FP8 weights. Benchmark tests show that it outperforms Llama 3.1 and Qwen 2.5 while matching GPT - 4O and Claude 3.5 Sonnet. In addition, DeepSeek - R1, which was officially released on January 20, 2025, performs on a par with OpenAI O1 in terms of mathematics, code, and natural language reasoning tasks. DeepSeek's models have a wide range of applications, such as chat and coding scenarios, multilingual automatic translation, image generation, and AI painting. With their high performance and low cost, DeepSeek's models have quickly gained popularity. For example, on February 2, 2025, the DeepSeek app climbed to the top of the download charts in 140 countries on the Apple App Store and also topped the Android Play Store in the United States
Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares
Morgan Stanley recently bought more shares in Grayscale Bitcoin Trust to expand its allocation in Bitcoin investment. The move indicates a continued and ever-increasing position in crypto-related assets.
Australians Lost Over $70M to Scam Crypto Investments in H1 2021
Australians continue to suffer from online scams. More than half of the $70 million in losses were to cryptocurrency, especially through Bitcoin, a study says.
Australia and Singapore Authorities Completes Trial for Blockchain-based Cross-Border Document Verification
Australian and Singaporean authorities have conducted a blockchain trial for cross-border digital trade document verification.
Union Bank of Philippines Cooperates with Hex Trust for Promoting Pilot Digital Assets Custody Service
Union Bank of Philippines (UnionBank) announced the bank has paired with Hong Kong-based Hex Trust to pilot digital assets custody service.
Crypto.com Extends Free Crypto Tax Reporting Services in Australia
Cryptocurrency exchange Crypto.com has launched a new crypto taxation service for Australian recently, enabling their clients to import their crypto transaction to generate a report and file to the government.
Senator Lummis: Voting on Infrastructure Bill Amendments Will Be a Win for the Digital Asset Community
With all forms of Amendment on the Infrastructure Bill under threat, Sen Lummis has explained why the crypto industry will win should an amendment be voted on.
US Senate Proposes Amendment to the Controversial Infrastructure Bill to Redefine Crypto Broker Clause
Three pro-crypto US Senators are proposing an amendment to the controversial infrastructure bill with clauses on crypto brokers redefined
Standard Chartered’s Zodia Custody Gets FCA Approval to Offer Cryptocurrency Services
Zodia Custody has been given greenlight to provide cryptocurrency services to institutions.
Australia-based Zip Considers Adding Crypto Trading Options within a Year
Australia-leading digital retail finance and payments company Zip Co Ltd is considering adding cryptocurrency trading options for customers.
Mastercard Enhances Crypto Wallet and Exchange Business
Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.