Latest news with #BNBChain
Express Tribune
a day ago
- Business
- Express Tribune
IT ministry, Binance Academy launch nationwide blockchain education drive
Under the agreement, university educators will undergo intensive training in blockchain fundamentals, including BNB Chain, Solidity programming, and essential Web3 concepts. PHOTO: BINANCE WEBSITE Listen to article In a landmark move to promote digital literacy and future-ready skills, Binance Academy has partnered with Pakistan's Ministry of Information Technology and Telecommunication (MoITT) to roll out a nationwide blockchain education initiative. The programme is set to train 300 university educators and reach over 80,000 students across 20 institutions by 2026. The collaboration falls under Binance's Global University Outreach Program (GUOP), the world's largest blockchain education drive, aiming to cultivate a new generation of Web3 professionals. The initiative aligns with Pakistan's national digital transformation goals, positioning the country as a growing hub of blockchain expertise. Under the agreement, university educators will undergo intensive training in blockchain fundamentals, including BNB Chain, Solidity programming, and essential Web3 concepts. Upon certification, they will independently teach the newly developed curriculum. Students completing the courses will also receive official accreditation. 'As blockchain reshapes the global financial landscape, empowering people with the right skills is essential,' said Bader Al Kalooti, Head of Growth and Operations for the Middle East, Africa, and South Asia at Binance. 'This partnership marks a significant step toward building a knowledgeable workforce ready to drive digital innovation.' Welcoming the initiative, Minister of IT and Telecom, Ms. Shaza Fatima Khawaja, noted its potential impact on Pakistan's long-term economic trajectory. 'This partnership contributes to our digital transformation by positioning Pakistan as a global source of skilled blockchain talent,' she said. 'By collaborating with Binance and the Blockchain & AI Technology Center, we are equipping our students to lead in the digital economy.' Binance Academy has been active in Pakistan since 2022, having already trained over 3,000 students across 13 universities in three provinces. The new programme expands that effort on a national scale, leveraging past success to deliver widespread access to cutting-edge technology education. Globally, the GUOP began in Kazakhstan in 2023 and has since expanded to over 20 countries. Its broader target is to impact more than 200 universities across 50 countries, reaching one million students by 2026. The Binance Academy–MoITT partnership represents a significant step in embedding blockchain education into Pakistan's academic framework. By focusing on practical skills and global competitiveness, the initiative is expected to foster a generation of innovators prepared to lead in the digital economy — both locally and internationally.
Int'l Business Times
2 days ago
- Business
- Int'l Business Times
Reddio's Exclusive Token Generation Event (TGE) and Alpha Trading on Binance Wallet - May 29, 2025
Singapore, Singapore, May 29th, 2025, Chainwire Reddio, The first parallel EVM to go mainnet—GPU-accelerated, AI-native, backed by Paradigm. Reddio, the high-performance parallel EVM accelerated by GPU, will launch its native RDO token through a Binance Exclusive Token Generation Event (TGE) on Binance Wallet starting May 29, 2025.. Engineered for autonomous AI and compute-heavy dApps, Reddio brings Web3 scalability into the high-performance era. Following the TGE, RDO will be available for Binance Alpha trading on PancakeSwap and Binance Wallet DEX, providing access across both decentralized and semi-custodial venues. As part of its multichain architecture, 50% of RDO's circulating supply will be deployed on BNB Chain, with seamless cross-chain transfers enabled by Hyperlane's messaging bridge, ensuring smooth interoperability across ecosystems. Key Token Launch Details Token Name: Reddio ( RDO ) Reddio ( ) Token Symbol: RDO Launch Format: Binance Exclusive TGE on Binance Wallet on Total Supply: 10,000,000,000 RDO 10,000,000,000 RDO IDO Distribution: 2% of total supply 2% of total supply Subscription Period: May 29, 2025, from 8AM to 10AM (UTC) May 29, 2025, from 8AM to 10AM (UTC) Alpha Trading Format: RDO / BNB trading pair trading pair Alpha Trading venue: Binance Wallet DEX or PancakeSwap after subscription.. Binance Wallet DEX or PancakeSwap after subscription.. Alpha Trading start Time: May 29, 2025, from 10AM (UTC) Why Reddio The Parallel EVM Powering Autonomous AI Backed by Paradigm, Reddio is purpose-built for the next frontier of blockchain: AI agents, high-frequency DeFi, and real-time applications—all running natively on-chain. By fusing parallel execution with GPU acceleration, Reddio delivers unprecedented computational throughput, without sacrificing decentralization or security. Already integrated by over 40 projects, and with 124M+ transactions and 18M wallet addresses on public testnet, Reddio is on track to become the first parallel EVM to go live on mainnet in Q2, 2025. ️The Tech Stack #ParallelExecution – Enables multi-threaded smart contract execution using optimistic concurrency with conflict detection and re-execution, inspired by BlockSTM-style models. #GPUAcceleration – Compiles EVM bytecode to CUDA kernels, enabling smart contracts and AI workloads to run directly on GPUs — unlocking native GPU-level speed for on-chain computation #DecentralizedSequencer – Boosts network resilience and ensures censorship-resistant transaction ordering. #LowGasFee – Cost-efficient execution at scale, even for compute-intensive AI workloads. #ModularSequencerSDK – Accelerate time-to-launch for Layer 2/3s and appchains with modular, production-ready infra. 'If IPOs only claim to be Day One, then launching a token is truly Day One,' said Neil Han, Founder of Reddio. 'This moment marks the culmination of four years of relentless work. We're not just scaling Ethereum—we're redefining what it means to compute on-chain. Grateful to those who believed, and to those who didn't. And listing on Binance Alpha right after gives our users immediate flexibility across ecosystems. Onwards and upwards—the sky is not our limit, it's our starting line.' About Reddio Backed by Paradigm, Reddio is the first GPU-powered parallel EVM Layer-2, built for running autonomous AI natively at scale. With Ethereum-grade security, multi-threaded execution, and a modular infrastructure stack, Reddio enables real applications to thrive in a decentralized environment. Website: Twitter: @reddio_com Whitepaper: Contact CEO Neil Han Reddio neil@
Yahoo
4 days ago
- Business
- Yahoo
Alpaca Finance, Once a DeFi Giant on BNB Chain, Will Shut Down
Alpaca Finance, once a cornerstone on the BNB Chain and an early leader in leveraged yield farming, will shut down operations by the end of 2025 due to an unsustainable business model amid a more competitive and capital-intensive DeFi landscape. The protocol said Monday that it will begin winding down all products, including its original yield farming platform, automated vaults, and decentralized perpetuals, over the next few months. Front-end access will remain available through December 31, 2025, to give users time to withdraw their assets. 'This choice wasn't made lightly,' the Alpaca team wrote. 'But we believe it is the most responsible course of action to safeguard our community and ensure a graceful and secure wind-down.' Launched during decentralized finance's (DeFi) 2021 boom, Alpaca quickly rose to prominence on BNB Chain, offering leveraged yield farming strategies that allowed users to amplify returns by borrowing capital to farm liquidity pool (LP) tokens. At its peak, Alpaca held over $1 billion in total value locked (TVL) and was one of the most-used protocols on the chain. Internally, Alpaca had been operating at a loss for over two years, according to the team, with revenue tied directly to protocol usage — a challenge compounded by the project's fair launch structure with no VC backing or pre-mined tokens. The final blow came in late April, when Binance delisted ALPACA, the protocol's native token. While the event triggered a brief 550% price rally due to short liquidations, including $55 million in forced closures in a single day, it also severely restricted liquidity and user access to the token. That, the team said, made it harder to pursue new initiatives or strategic mergers. 'We explored M&A discussions with several projects, and some progressed meaningfully,' the team said. 'But as the market turned downward again in early 2025, those deals fell through.' ALPACA, the project's token, was last trading at approximately $0.08, down over 90% from its all-time high in 2021. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
4 days ago
- Business
- Associated Press
Colle AI Amplifies Bitcoin Use to Fuel Cross-Chain NFT Distribution Efficiency
Enhanced Bitcoin capabilities enable faster, more efficient NFT creation, transfer, and automation across multichain ecosystems Singapore, Singapore--(Newsfile Corp. - May 27, 2025) - Colle AI (COLLE), the multichain AI-powered NFT platform, has expanded its Bitcoin integration to boost the speed and efficiency of cross-chain NFT distribution. This strategic enhancement allows creators to leverage Bitcoin's network strength while maintaining seamless interoperability with other major chains. [ This image cannot be displayed. Please visit the source: ] Scale the NFT creation with Colle AI's fast, intelligent multichain platform. To view an enhanced version of this graphic, please visit: The updated infrastructure improves asset routing and wrapping for Bitcoin-based NFTs, enabling faster transfers and smoother interaction with Ethereum, Solana, BNB Chain, and XRP. With Colle AI's real-time automation engine, creators can now design and launch NFTs backed by Bitcoin while enjoying intelligent deployment logic and reduced operational complexity. Colle AI's intelligent backend optimizes UTXO-based handling and ensures consistent asset behavior across networks. This improvement simplifies the technical requirements of Bitcoin-powered NFTs, giving creators and developers the tools to scale projects with speed and precision. By amplifying Bitcoin's role in its multichain system, Colle AI reinforces its commitment to efficient, AI-driven NFT creation—bringing together performance, accessibility, and innovation across the evolving Web3 landscape. About Colle AI Colle AI leverages AI technology to simplify the NFT creation process, empowering artists and creators to easily transform their ideas into digital assets. The platform aims to make NFT creation more accessible, fostering innovation in the digital art space. Media Contact Dorothy Marley KaJ Labs +1 707-622-6168 [email protected] Social Media Twitter Instagram To view the source version of this press release, please visit
Yahoo
23-05-2025
- Business
- Yahoo
XRP Could Rocket to $8 as Focus Shifts to Crypto Majors After Bitcoin's Record Run: Traders
Attention is turning to major tokens as bitcoin (BTC) set fresh highs earlier this week, with some pointing out that institutional demand and a clear regulatory environment pave the way for strong moves among the top coins. Bitcoin was hovering just under $111,000 during the Asian morning hours on Friday, seeing a slight pullback on profit-taking as is expected after upward moves. Cardano's ADA, dogecoin (DOGE) and Solana's SOL added as much as 4%, while ether (ETH), XRP, and BNB Chain's BNB rose less than 1.5%. The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, rose 1.2% in the past 24 hours. Bitget Research's Chief Analyst Ryan Lee told CoinDesk in a Telegram message that a potential dip in bitcoin dominance could kick off a broader alt season, with high-profile names like XRP and Solana in prime position to benefit. Lee pointed to XRP's improving regulatory clarity and recent technical breakout patterns as reasons traders are eyeing a move toward $3–$8 in the medium term. XRP recently formed a golden cross against BTC on the weekly chart — a historically bullish signal suggesting a long-term trend reversal may be underway. The ratio has been locked in a sideways channel since late 2020, but that may now be breaking after last month's SEC decision not to pursue further appeals against Ripple. SOL could climb toward $220–$300 on ETF speculation, while ADA shows potential for a breakout between $1 and $3, Lee added. Singapore-based QCP Capital said in a Thursday broadcast that the latest BTC move confirmed a robust trend supported by improved structural fundamentals and relatively low volatility. "This rally feels more structurally sound than the last with less frothy momentum-chasing and stronger fundamental underpinnings,' the firm said, adding that the brief dip following BTC's initial record high break triggered put-side profit-taking, but buyers were 'quick to reload on the upside.' Still, broader macro risks remain in play. Renewed tariff concerns, rising U.S. yields, and a stronger dollar could all inject volatility into the system, especially for altcoins, QCP said. Traders are urged to stay selective, focusing on assets with strong fundamentals and clear regulatory narratives. Meanwhile, FxPro's Alex Kuptsikevich shared in an email that bitcoin's sentiment index is hovering just below 'extreme greed' as of Friday, a sign that the rally may still have room to run in the coming days. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
