Latest news with #Paradigm
Int'l Business Times
7 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
28-05-2025
- Business
- Yahoo
The Fast Food Chain That Might Close 76 Restaurants This Year
In yet another case of franchisee versus parent company, fast food chain Hardee's is currently locked in a legal battle with a Nevada-based franchisee, called Paradigm Investment Group, and the real losers could be the patrons of 76 restaurants spread across the south. The eatery known for its big burgers and chicken offerings (though Hardee's' chicken sandwich did fall near the bottom of Food Republic's ranked list) is demanding Paradigm get into the 21st century and start offering online ordering (among other things), as well as adjust its business hours. Currently, the 76 stores in question are open no later than 2 p.m., eight hours shy of the 10 p.m. close-time Hardee's would prefer. Paradigm, for its part, is claiming that these changes would make the franchisee go bankrupt. When Hardee's issued a notice which declared its intent to close all 76 stores if its demands were not met, Paradigm filed a lawsuit against the fast food chain (which its parent company, CKE Restaurants, has taken up) in April. Read more: Ranking Fast Food Burgers From Worst To Best, According To Reddit While 76 restaurants hang in the balance, it's also important to note that Paradigm Investment Group, with CEO Don Wollan at the helm, has brought in over $1.6 billion in sales in the last 24 years, employs over 1,500 people across the states of Florida, Mississippi, Tennessee, and especially Alabama, and has operated these restaurants for a quarter of a century. The lawsuit, which is seeking $35 million from Hardee's to compensate Paradigm for financial losses, alleges that the organization shouldn't have to comply with Hardee's new requirements because they weren't in the contract originally. Additionally, details from the lawsuit reveal that the reason these Hardee's franchise locations close after 2 p.m. is because pretty much no one patronizes the restaurants after the lunch rush. Staying open, Paradigm argued, would end up costing the organization more money than it would bring in. Hardee's, which kicked off the fast food bacon craze in the 1990s, did end up backing off of its initial threat that it would close the 76 restaurants in question if its demands were not met, but depending on who wins this legal battle, the locations' futures are by no means secure. Want more food knowledge? Sign up to our free newsletter where we're helping thousands of foodies, like you, become culinary masters, one email at a time. Read the original article on Food Republic.
Miami Herald
27-05-2025
- Business
- Miami Herald
Huge burger chain fights to close dozens of its own restaurants
If someone asked you to name the top fast-food hamburger chains, the list might look something like this, McDonald's, Burger King. Wendy's, 5 Guys. Shake Shack, In-and-Out Burger, Whataburger, Carl's Junior, Culver's, Sonic, The Habit Burger Grill, and maybe Johnny Rockets. Related: Coca-Cola, Pepsi rival discontinues 3 popular soda flavors You can debate the order and whether a chain like Culver's is primarily a burger chain, and you may argue that other chains should be on the list. One of those chains, Hardee's, falls on the "is that truly a burger chain list?" and many people may not realize how big the chain actually. On the first point. Charbroiled Burgers are the key menu item for the chain. For the second, Hardee's may not equal McDonald's, Burger King, or Wendy's, but it still has a massive national and international footprint. Don't miss the move: Subscribe to TheStreet's free daily newsletter "For over 60 years, Hardee's has brought communities together with quality, delicious food. With more than 1,800 restaurants across the U.S., and locations in 13 countries, we are committed to the best tasting food to better serve our guests," it shared on its website. Now, the chain actually wants to close over 75 of those locations. Image source: TheHardee's, it should be noted, shares an owner, CKE Group, with Carl's Jr. and has a similar menu, but they are not the same brand with two different names. Essentially, Hardee's is the East Coast versions of the company while Carl's Jr., operates on the West coast, but the companies do have different management. The burger chain, at least the Hardee's version of it, has been having legal problems with one of its long-running franchise operators, Paradigm. "Our story begins in the late 1990's, Don Wollan, President of Paradigm, was in search to acquire and grow the Hardee's restaurant concept. Through the creation of four operating companies (now collapsed into Paradigm), the company acquired 14 restaurants in Springfield, IL in December 1999, 42 restaurants in Mobile, Biloxi and Pensacola in February 2000 and 64 restaurants in Huntsville and Montgomery, AL in October 2000," Paradigm shared on its website. The franchise operator flourished for decades. "Through a series of divestitures, closures, acquisitions and new store development spanning a 22 year period, the Company today owns 82 Hardee's restaurants in Huntsville, Montgomery and Mobile, AL, Pensacola, FL, Panama City, FL and Biloxi, MS," it added. More closings: Popular retail chain to close unprofitable store locationsBankrupt retail chain unloads store leases, key assetPopular discount retailer files bankruptcy, closes all stores That number has now dropped to 76, but it was not that long ago that Hardee's owner CKE was giving Paradigm awards. "In 2009, Paradigm was honored as recipient of the prestigious Wilbur Hardee Founder's Award as the top franchisee in the Hardee's system. In 2010, the Paradigm was honored as the top franchisee in the entire CKE chain of restaurants (including all Carl's and Hardee's Franchisees). In 2011 & 2012, Paradigm was recognized as the first company in CKE's history to win back to back awards as Developer of the Year across both brands," the franchisee shared. Now, Hardee's wants to take away Paradigm's franchise agreement and close its 76 stores. Hardee's has sent Paradigm notice that it intends to terminate its franchise agreement with the chain "citing the group's failure to participate in the brand's loyalty program and comply with operating hours, among other issues." Paradigm has filed a lawsuit to fight those claims and keep its 76 stores alleging that the parent company "unilaterally amended its operating manual to force franchisees to comply with fees and technology requirements not included in the franchise agreement." "They were ramming things down our throat which weren't in the franchise agreement," said Paradigm. CEO Don Wollan in an Franchise Times "And once you allow them to do got to create a business reason for me to want to opt into it, right? But what you can't do is shove it down my throat. And once I let you shove it down my throat, I've created a precedent, and what would stop you from trying to force-feed every fee that you could imagine down to me?" Related: Bankruptcy forces iconic ice cream chain to close 500 locations He claims Hardee's has acted in bad faith which hurt his chain which operates locations in Alabama, Florida, Mississippi and Tennessee. "Wollan said the brand's insistence that his stores adhere to specific operating hours, despite a negative impact on sales, and its push to collect undisclosed fees, among other events, led to the lawsuit," according to the website. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
National Post
22-05-2025
- Business
- National Post
Announcing the Winners of the 2025 Canadian Public Relations Society (CPRS) Toronto Chapter's Achieving Communications Excellence (ACE) Awards
Article content Edery & Lord Communications win Best in Show Campaign. Paradigm and Edgewell take home Top Creative Campaign of the Year Article content Article content TORONTO — The Canadian Public Relations Society (CPRS) Toronto Chapter has announced the winners of the 2025 annual ACE Awards. The prestigious awards celebrate the industry's top communicators and public relations programs and campaigns from the past year. The ACE Awards Gala was held last night at The Carlu in Toronto, during which 25 gold, 53 silver and 56 bronze trophies were presented to PR professionals from the Greater Toronto Area. Article content 'Congratulations to all the 2025 ACE Awards finalists and winners,' said Andrea Chrysanthou, President of the CPRS Toronto Chapter. 'We received more than 150 incredible entries highlighting this year's most creative and impactful campaigns. They all demonstrate the exceptional level of expertise within our industry.' Article content The ACE Awards celebrate excellence in creativity, innovation, and impact within the public relations and communications industry. They honour outstanding campaigns in multiple categories, including events, media relations, social and digital media, community relations, corporate social responsibility (CSR), government relations, brand development, employee engagement, issues and crisis management, and diversity, equity, and inclusion. Article content 'I would like to extend my sincere gratitude to our Board of Directors and the dedicated volunteers who worked tirelessly to make these awards possible,' said Chrysanthou. 'I also want to express my appreciation to this year's sponsors, including The Canadian Press and Business Wire. Their support has enabled us to continue celebrating the outstanding communicators in industry.' Article content Best in Show Article content F***Off Open-Net Pen Salmon Farms – Edery & Lord Communications / Pacific Wild Article content Top Creative Campaign Article content I am Number 12 Campaign: ChangeMakers and Takeda – Gold SHT: IKEA Canada and Edelman Canada – Gold Unboxing Hunger: ChangeMakers and Save the Children – Silver Let's Talk About Sex Trafficking: ChangeMakers & Covenant House Toronto – Silver Short Life Stories: Narrative XPR, Bensimon Byrne, White Ribbon – Silver Driving Your Future: Mercedes-Benz Canada with Team X (Omnicom Canada agencies Porter Novelli Canada, TrackOMC) with The Go-To. – Silver Powerline Safety: Proof Strategies & Electrical Safety Authority – Silver McHappy Day: McDonald's Canada x Weber Shandwick Canada – Silver Fraud Fighters: Interac Corp. with Burson – Bronze Toronto Refugee Crisis Summer of 2023: DAYO Media & Communications Inc. – Bronze F***Off Open-Net Pen Salmon Farms: Edery & Lord Communications / Pacific Wild – Bronze Pet Hunger Awareness Day™: Porter Novelli + PetSmart Charities of Canada – Bronze 'Step Up for Sustainability': Maple Leaf Foods & Strategic Objectives – Bronze Heart & Stroke x Heart Month Campaign: Heart & Stroke and Talk Shop – Bronze Article content Best Publication Article content Mighty o.b. Makes a Comeback with Gen Z: Paradigm, Edgewell Personal Care – Gold Weber 2024 Social Media Campaign: Weber-Stephen & Strategic Objectives – Gold #OwnYourWellness: Porter Novelli and Florida Department of Citrus – Silver Embark Couponing Campaign: Talk Shop and Embark – Silver Pop-Tarts x UNFROSTED: Kellanova Canada x Weber Shandwick Canada – Silver #WalmartFinds – Toys: Walmart Canada x APEX PR – Bronze The Employee Recognition Contest: ADP Canada and Kaiser & Partners – Bronze AsktoBsure: Porter Novelli and GSK – Bronze International Day of the Girl: Proof Strategies and Plan International Canada – Bronze My McDonald's Thing: McDonald's Canada x Weber Shandwick Canada – Bronze Article content SHT: IKEA Canada and Edelman Canada – Gold McRib: McDonald's Canada x Weber Shandwick Canada – Gold Philadelphia Bagel Wholes: Philadelphia Cream Cheese with Zeno Group Canada – Gold Shingles Risks & Misconceptions: ChangeMakers & GSK – Silver F***Off Open-Net Pen Salmon Farms: Edery & Lord Communications / Pacific Wild – Silver LOTTO MAX Record-Breaking Jackpot: OLG x Weber Shandwick Canada – Silver FoodHero Expansion Program: FoodHero x Weber Shandwick Canada – Silver Big Arch: McDonald's Canada x Weber Shandwick Canada – Silver Canada's Kindest Community: Coca-Cola in Canada x Weber Shandwick Canada – Silver Family Day: RMHC Canada x Weber Shandwick Canada – Silver Merrymakers – Sherri-Lyn Brown, Ceilidh McMeekin, Rebecca McLaren, Alex Wilcox, Ricardo Fartura – Bronze Walmart Canada Back-to-School Campaign: Walmart Canada x APEX PR – Bronze Mydoh's Canadian Allowance Report: Craft Public Relations & Mydoh – Bronze VORANIGO™ Launch: energi PR – Bronze CDHF x Fody Foods Partnership: energi PR – Bronze 101 Spadina Launch: Devron Developments and Kaiser & Partners – Bronze 30th Anniversary of Watier Neiges: Groupe Marcelle Inc. & Strategic Objectives – Bronze Article content RLP 2024 Most Affordable Canadian Cities: Royal LePage and Hill & Knowlton – Gold The Royal Agricultural Winter Fair: Craft Public Relations – Silver 2024 Digital Workspace Survey Campaign: CDW Canada and Kaiser & Partners – Silver Behind the Gig: Securian Canada Insights: Securian Canada and Kaiser & Partners – Silver Willful: Category Communications – Bronze The Launch of The Toronto Tempo: Craft Public Relations & The Toronto Tempo – Bronze The Original Santa Claus Parade 2024: Edery & Lord Communications / The Original Santa Claus Parade – Bronze Average Canadian FICO® Score: FICO and Kaiser & Partners – Bronze Article content Polly Pocket 35th Birthday: Mattel x APEX PR – Gold Shine A Light: Sherri-Lyn Brown, Ceilidh McMeekin, Rebecca McLaren, Alex Wilcox, Mishka Jaiswel – Silver Staub 50th Anniversary: ZWILLING x APEX PR – Silver Pan-Holiday 2024: Mattel x APEX PR – Silver Locked Out Campaign: ChangeMakers & Crohn's and Colitis Canada – Silver Agribusiness Trade Mission to Vancouver: ChangeMakers & USDA – Silver Tim Hortons Pet Merch Collection Launch Event: Craft Public Relations & Tim Hortons – Silver Moosehead Achievement Hour: Craft Public Relations – Silver Tim Hortons Spring Market: Craft Public Relations & Tim Hortons – Silver IAMS FOR LIFE™ Caravan: Mars Petcare Canada x Weber Shandwick Canada – Silver Toronto Raptors: Power of 3's: McDonald's Canada x Weber Shandwick Canada – Silver Truly Hard Seltzer – Merch Collab Launch: Craft Public Relations – Bronze And/Or With Reitmans: Craft Public Relations & Reitmans – Bronze Tim Hortons Retro Donuts Launch Event: Craft Public Relations & Tim Hortons -Bronze The Original Santa Claus Parade 2024: Edery & Lord Communications / The Original Santa Claus Parade – Bronze Anything Roots Post Pop-Up: Narrative XPR, Roots – Bronze Come Alive with Hawaiian Tropic: Paradigm, Edgewell Personal Care – Bronze Driving Your Future: Mercedes-Benz Canada with Team X (Omnicom Canada agencies Porter Novelli Canada, TrackOMC) with The Go-To. – Bronze Article content Community Relations Campaign of the Year Article content Crisis or Issues Management Campaign of the Year Article content 2024 Slo-Pitch Marketing Campaign: Recreation Services – Marketing Services – Gold It's Finger Lickin' KD: Zeno Group Canada and KD – Gold Keep Toronto Safe: Blue Door Agency and Toronto Police Association – Silver Nintendo Switch x Maitreyi Ramakrishnan: Craft Public Relations – Silver Reshaping the obesity narrative: Eli Lilly Canada, Obesity Canada & GCI Canada – Silver Your EV Deserves Better: Proof Strategies & Electrical Safety Authority – Silver Whitby's 'Care Closer to Home' Campaign: Whitby Communications and Creative Services Team – Silver SMB Immersive Shopping Experience: Mastercard Canada x Weber Shandwick Canada – Silver Out of Office for Migraine Awareness: Pfizer Canada x Weber Shandwick Canada – Silver A Soaring Legacy: Vince Carter: Air Canada x Weber Shandwick Canada – Silver Remix Menu: McDonald's Canada x Weber Shandwick Canada – Silver Bon Appetite: Air Canada x Weber Shandwick Canada – Silver IAMS FOR LIFE™ Caravan: Mars Petcare Canada x Weber Shandwick Canada – Silver Raptors for Research 2024: ChangeMakers and Sinai Health Foundation – Bronze The Launch of Tim Hortons Flatbread Pizza: Craft Public Relations, DDMG Communications & Tim Hortons – Bronze SHT: IKEA Canada and Edelman Canada Bronze Powerline Safety: Proof Strategies & Electrical Safety Authority – Bronze Rogers Centre Renovation: Toronto Blue Jays – Bronze Case of the Missing O's: Mondelez International x Weber Shandwick Canada – Bronze Fly The Flag: Paris Games 2024: Air Canada x Weber Shandwick Canada – Bronze Article content New Product or Service Launch Campaign of the Year Article content Healthy Gums at Home with Colgate: GCI Canada and Colgate-Palmolive – Gold Besties…For A Limited Time: The Coca-Cola Company x Mondelez x Weber Shandwick Canada – Gold Joy Sparks Here: Zeno Canada + Newell Brands – Gold The Launch of Tim Hortons Flatbread Pizza: Craft Public Relations, DDMG Communications & Tim Hortons – Silver PENN. ♥️ Meredith Collection Launch: Craft Public Relations – Silver OREO Space Dunk: Mondelez International x Weber Shandwick Canada – Silver The Canadian Launch of Kobo Colour: Craft Public Relations – Bronze Maison Perrier: A New Era in Premium Ref: Team N and Maison Perrier – Bronze Article content CPRS Sector Speak Communication Plan: Isabella Vergara Bedoya, Molly Syms-Wilson – Bronze Nest & Bloom Homes: Daniella Muñoz, Isabella Vergara Bedoya, Jackson Sparks, and Molly Syms-Wilson – Bronze Gear Up Madawaska: Esmahan Nor, Zuhaib Dirie and Princess Appiah – Silver OHO Coffee Launch Campaign: Jasmine Marcial, Tu (Lucy) Luc & Tanishk Srivastava; OHO Coffee – Silver Modern Madawaska: Marya, Izabela, Jessica – Gold Article content Leadership Awards Article content Article content Article content Article content Contacts Article content Article content Article content
Yahoo
21-05-2025
- Business
- Yahoo
Ether Is Set to Explode as Traders Pump Millions Into $6K ETH Bets
Crypto traders are betting big on ether ETH in the wake of the recent rally. Last week, block traders, typically institutions and large players, executed bull call spreads on ether, purchasing the $3,500 call options while simultaneously shorting an equal number of calls at the $6,000 strike, both set to expire on Dec. 26. Traders executed the strategy via over-the-counter platform Paradigm, which was later listed on crypto exchange Deribit. Traders executed 30,000 contracts of the $3,500/$6,000 call spreads across 10 separate trades, spending just over $7 million in initial debt/cost. The strategy will yield the highest profit if ether rises to or beyond $6,000 by Dec. 26. On Paradigm and Deribit, one options contract represents one ETH. Therefore, the large volume of the $3,500/$6,000 call spreads indicates a strong expectation of a bullish move to $6,000 by the end of the year. As of writing, ether changed hands at $2,510, according to CoinDesk data. Note that if ETH stays below $3,600, the strategy will expire worth less, limiting the loss to the initial cost of $7 million. Another downside of this strategy is that traders stand to lose out on potential upside above $6,000 due to the short position at that strike level. Ether's price has risen over 80% to $2,500 since early April, when the broader market panic saw ETH hit a low of around $1,390 on several exchanges. Magadini said there is no reason to call tops in ETH right now. "I continue to like these upside trades, especially for the beat-up Ethereum, as risk assets continue to rally. There's a good argument for ETH "catching-up" as spot ETFs with staking rewards could be a catalyst for institutional participation and sentiment turns around. No reason to be calling tops right now," Magadini said.
