
Ethereum Foundation Executive Director Aya Miyaguchi shared Tuesday that she would be leaving her position and would soon be transitioning to her new role as president at the organization. The news comes as the nonprofit goes through a leadership shake-up and as Ethereum has become less popular for new builders in recent months, with some even blaming Miyaguchi’s leadership as for why the blockchain’s token price is lagging behind other cryptocurrencies. “This new opportunity will allow me to continue supporting EF’s institutional relationships, and to expand the reach of our vision and culture more broadly,” Miyaguchi wrote in a blog post . The Ethereum Foundation is a nonprofit that supports the development of the Ethereum blockchain. Founded in 2014, Miyaguchi joined in 2018 and has been the executive sirector ever since. CoinDesk reached out to a spokesperson at the EF to find out who would fill the executive director position, but did not hear back in time for publication. Ethereum co-founder Vitalik Buterin wrote in a post on X that “every success of the EF - the steady execution of Ethereum hard forks, client interop workshops, Devcon, Ethereum`s culture and steadfast commitment to its mission and values, and more - is in part a result of Aya`s stewardship.” Read more: Ethereum`s Vitalik Buterin Goes on Offense Amid Major Leadership Shake-up
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10x Research: How a FIL Backed USD stablecoin by Secured Finance would boost the Filecoin ecosystem

The introduction of a USD stablecoin could significantly enhance Filecoin`s ecosystem by increasing accessibility and financial innovation. The post 10x Research: How a FIL Backed USD stablecoin by Secured Finance would boost the Filecoin ecosystem appeared first on Crypto Briefing . CoinDesk

Triumphant Return: DeepSeek Unleashes API Access After Pause – A Boost for AI Development
Exciting news for AI enthusiasts and developers! DeepSeek, the Chinese AI startup making waves with its powerful AI models, has triumphantly reopened access to its API after a three-week hiatus. This move is a significant development in the rapidly evolving world of artificial intelligence, especially for those in the cryptocurrency and blockchain space who are increasingly leveraging AI for innovative solutions. Let’s dive into what this means for the future of AI development and the ongoing tech race. DeepSeek API Access Restored: What Happened? For nearly three weeks, access to the DeepSeek API was paused, attributed to capacity constraints. This temporary halt underscored the immense demand for robust AI models like DeepSeek’s R1, which has been lauded for matching or even surpassing some of OpenAI’s top-tier offerings. The company’s representative, as reported by Bloomberg, indicated that server resources are still under strain during peak daytime hours, suggesting the high volume of users eager to utilize DeepSeek’s capabilities. However, the reopening, announced on Tuesday with the resumption of credit top-ups, signals DeepSeek’s commitment to supporting its growing developer community. Why is DeepSeek’s API Reopening a Big Deal? DeepSeek’s resurgence is not just about restoring access; it’s about reinforcing its position as a major player in the global AI arena. Here’s why this reopening is grabbing headlines: Competitive Edge: DeepSeek’s R1 model has already proven its mettle, challenging established giants like OpenAI. Its availability empowers developers to build cutting-edge applications, potentially disrupting various sectors, including blockchain and crypto analytics. Open Source AI Consideration: DeepSeek’s impressive performance has reportedly pushed OpenAI to reconsider its strategies, potentially leading to more open source AI initiatives from the industry leader. This competition ultimately benefits the entire AI ecosystem by fostering innovation and accessibility. Developer Empowerment: The DeepSeek API allows developers to seamlessly integrate DeepSeek’s advanced AI capabilities into their own applications and services. This is crucial for rapid innovation and the development of new AI-driven solutions across industries. Chinese AI Advancement: DeepSeek’s progress is a testament to the rapid advancements in Chinese AI technology. As domestic rivals like Alibaba also ramp up their AI model production, the global AI landscape is becoming increasingly competitive and dynamic. The AI Race Heats Up: DeepSeek vs. the Giants The timing of DeepSeek’s API reopening is particularly noteworthy as it coincides with Alibaba’s launch of its QwQ-Max reasoning AI model . This parallel development underscores the intensifying competition within the AI industry, especially between Chinese tech powerhouses and their global counterparts. Here’s a quick comparison: Feature DeepSeek Alibaba (QwQ-Max) OpenAI Model Type R1 Reasoning Model QwQ-Max Reasoning Model Various Models (GPT series) API Access Reopened after pause Preview Launched Established, widely used Open Source Approach R1 Model openly available QwQ-Max planned open-source Considering more open source Geographic Origin China China USA This competitive landscape is fantastic news for developers and businesses alike, as it drives innovation, pushes performance boundaries, and potentially leads to more affordable and accessible AI tools. Actionable Insights for Developers With the DeepSeek API back online, here are some actionable steps for developers, particularly those in the crypto and blockchain space: Explore DeepSeek’s R1 Model: If you haven’t already, now is the perfect time to test the capabilities of DeepSeek’s R1 model and see how it can enhance your projects. Integrate the API: Consider integrating the DeepSeek API into your applications for tasks like natural language processing, code generation, data analysis, and more. Monitor Capacity: Be mindful of the daytime server strain mentioned by DeepSeek and plan your API usage accordingly, especially during peak hours. Stay Updated: Keep an eye on DeepSeek’s announcements and updates, as well as developments from other AI players like Alibaba and OpenAI, to stay ahead in this fast-paced field. Conclusion: A Bold Step Forward for AI Development DeepSeek’s decision to reopen its API access is a powerful signal of its strength and resilience in the face of high demand and intense competition. It’s a victory for developers who rely on cutting-edge AI models and a clear indication that the race for AI supremacy is far from over. As AI development continues to accelerate, DeepSeek’s role in shaping the future of this technology is undeniable, and its renewed API availability marks an exciting chapter in this ongoing journey. To learn more about the latest AI development trends, explore our articles on key developments shaping AI features and institutional adoption. CoinDesk