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Chinese Startup DeepSeek Unveils AI Model Surpassing Meta and OpenAI

Chinese AI startup DeepSeek has introduced its own large language model, which has outperformed competitors from Meta and OpenAI in tests. ? Introducing DeepSeek-V3! Biggest leap forward yet:⚡ 60 tokens/second (3x faster than V2!)? Enhanced capabilities? API compatibility intact? Fully open-source models & papers ? 1/n pic.twitter.com/p1dV9gJ2Sd — DeepSeek (@deepseek_ai) December 26, 2024 DeepSeek V3 […]

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Bitcoin Miners Account for 18% of Ethiopia's Electricity Sales

Bitcoin Miners Account for 18% of Ethiopia’s Electricity Sales

Bitcoin miners contribute nearly a fifth of all electricity sales revenue in Ethiopia, according to The Africa Report, citing Hiwot Eshetu, Marketing Director of the state-owned Ethiopian Electric Power (EEP). “Currently, 18% of EEP’s monthly sales come from Bitcoin mining. This exceeds all of Ethiopia’s electricity exports to neighboring countries,” he noted. As of November […]

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EVAA and TON Foundation Introduce Negative Interest Loans in USDT

EVAA and TON Foundation Introduce Negative Interest Loans in USDT

The lending protocol EVAA Protocol and TON Foundation have launched a DeFi program offering rewards amounting to 100,000 TON (~$570,000), according to a press release. The program comprises two phases: Borrow rewards. Participants can take loans in USDT with negative interest rates, secured by TON, tsTON, and stTON; Supply rewards. As borrowing volumes increase, the […]

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Kyrgyzstan's Tax Revenue from Cryptocurrency Miners Halves

Kyrgyzstan’s Tax Revenue from Cryptocurrency Miners Halves

In 2024, cryptocurrency mining taxes contributed over 46.6 million Kyrgyz soms ($535,000) to the national budget of Kyrgyzstan, according to a report by the Ministry of Economy and Finance. However, local media report that this figure represents a 50% year-on-year decline. In 2023, miners paid 93.7 million soms (over $1 million) in taxes. Source: Ministry […]

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F2Pool Founder Unveils Capital Management Strategy

F2Pool Founder Unveils Capital Management Strategy

Shenyu, co-founder of the mining pool F2Pool and digital asset custodian Cobo Wallet, shared his “four-wallet” asset distribution strategy during an AMA session. Journalist Colin Wu provided excerpts. Shenyu, one of China’s largest Bitcoin miners, described his four-wallet strategy: Cold Wallet: This is for core assets, with barriers to accessing them. It discourages impulsive actions […]

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Solana Co-Founder's Ex-Wife Accuses Him of Hiding Staking Profits

Solana Co-Founder’s Ex-Wife Accuses Him of Hiding Staking Profits

Elisa Rossi, the former wife of Solana co-founder Stephen Akridge, has filed a lawsuit against him for withholding staking income during their divorce proceedings. The couple filed for divorce in March 2023 after a decade of marriage. Under the terms of their agreement, Rossi was entitled to a portion of their joint savings in SOL […]

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Europe’s tech renaissance: how Solidus AI Tech is advancing AI and blockchain in the EU

Europe’s tech renaissance: how Solidus AI Tech is advancing AI and blockchain in the EU

According to a Goldman Sachs study, global investment in AI will reach $200bn by 2025. The bank’s analysts expect most of that to go into hardware for training LLM and software. This article looks at Solidus AI Tech, which is building an eco-friendly data centre in the European Union for AI and blockchain projects. What […]

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Li Auto Challenges Tesla with Plans for Humanoid Robots

Li Auto Challenges Tesla with Plans for Humanoid Robots

One of Tesla’s closest Chinese competitors, Li Auto, has announced a strategic shift towards artificial intelligence and the production of humanoid robots, according to SCMP. This decision aligns with mainland China’s policy of prioritizing innovation in robotics to stimulate the economy amidst the rapid development of artificial intelligence. Li Auto aims to position its AI […]

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Jupiter DEX Aggregator Announces New Airdrop

Jupiter DEX Aggregator Announces New Airdrop

The largest DEX liquidity aggregator in the Solana ecosystem, Jupiter, plans to conduct an airdrop of 700 million JUP in January 2025. Jupuary 2025 ? Here is the first Overview of the upcoming Jupuary distribution. Team decided to go with a split between Users & Stakers and Carrots & Good Cats. This way we are […]

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NFT tickets, offbeat gift cards and a Web3 games console: what to put under the crypto tree

NFT tickets, offbeat gift cards and a Web3 games console: what to put under the crypto tree

For a crypto diehard, the New Year arrives with every bitcoin ATH, which this time has, as if by magic, landed on the cusp of the winter holidays. To avoid poring over charts of past, present and future through the night—and turning into a Dickensian, crypto-era Scrooge—it pays to separate work from leisure, take profits […]

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Brazil's Potential Ban on USDT Transfers to Non-Custodial Wallets Sparks Industry Reaction

Brazil’s Potential Ban on USDT Transfers to Non-Custodial Wallets Sparks Industry Reaction

The Bank of Brazil’s proposed ban on stablecoin transfers to non-custodial wallets could drive a shift towards decentralization, according to Cointelegraph, citing industry representatives. On November 29, the regulator proposed banning transfers of foreign currency-denominated stablecoins to non-custodial wallets. The document is open for public consultation until February 28, 2025. The use of stablecoins in […]

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Corporate Bitcoin Strategies to Drive Growth in 2025, Says Wintermute

Corporate Bitcoin Strategies to Drive Growth in 2025, Says Wintermute

The use of corporate capital to purchase Bitcoin as a reserve asset, following the example of MicroStrategy, is set to become a major trend in 2025, according to Wintermute trader Jake Ostrowskis, as reported by The Block. The expert suggested that small and medium-sized businesses might also begin to adopt this strategy. As of now, […]

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