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

HKMA Alerts Public on Fraudulent OCBC Bank Website in Hong Kong

The Hong Kong Monetary Authority has issued a warning about a fraudulent website posing as OCBC Bank (Hong Kong) Limited, urging public vigilance.

by Alvin Lang
Mar 26, 2025

deepseek

Binance.US Halts BUSD Services Amid Investigation

Binance.US has temporarily halted BUSD services including deposits and withdrawals, and buying, selling, and converting crypto options via the OCBS. The platform is investigating the issue and is also transitioning to new banking and payment service providers, leading to the temporary suspension of certain U.S. dollar deposit services.

by Terrill Dicki
Apr 01, 2023

deepseek

Singapore’s OCBC Bank Weighs Launching Crypto Services Amid Surge in Customer Interests

The second-largest bank in southeast Asia – OCBC – is considering setting up a cryptocurrency service to fulfil customer demands.

by Nicholas Otieno
Nov 22, 2021

deepseek

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances

Orient Commercial Joint Stock Bank (OCB), a large Vietnamese bank with assets worth $4.6 billion, has joined RippleNet as a strategic partner after a 10-month wait.

by Brian Njuguna
Oct 18, 2020

DEEPSEEK

HKMA Alerts Public on Fraudulent OCBC Bank Website in Hong Kong

Binance.US Halts BUSD Services Amid Investigation

Singapore’s OCBC Bank Weighs Launching Crypto Services Amid Surge in Customer Interests

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances

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