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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

deepseek

Bitmain Faces Record Fine as China Tightens Scrutiny on "Greenwashing" Bitcoin Mining

Bitmain faces a $3.7 million fine in China for greenwashing claims in Bitcoin mining, signaling heightened scrutiny and stricter regulations on environmental compliance.

by Khushi V Rangdhol
Oct 19, 2025

deepseek

Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters

Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.

by Godfrey Benjamin
Sep 26, 2020

deepseek

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.

by Lucas Cacioli
Jun 24, 2020

DEEPSEEK

Bitmain Faces Record Fine as China Tightens Scrutiny on "Greenwashing" Bitcoin Mining

Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

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