Latest news with #EthereumLayer2
Business Insider
4 days ago
- Business
- Business Insider
LovCash Launches Platform to Help Enterprises Digitize South Africa's Informal Trade on Lisk L2
The blockchain-powered platform is transforming supply chain transactions with real-time data, digital payments, and loyalty rewards across South Africa's informal economy. Lisk, the Ethereum Layer 2 blockchain focused on advancing Web3 adoption in high-growth markets, today announced the launch of LovCash on its network. LovCash, South Africa's end-to-end digital payments platform, is streamlining supply chain operations in the informal trade sector through a new deployment on Lisk. The initiative supports major suppliers and distributors operating in cash-heavy markets and aims to drive digital transformation at scale. By leveraging Lisk's secure, scalable, and cost-efficient blockchain infrastructure, LovCash is simplifying payments, providing real-time sales tracking, enabling loyalty & instant rewards programs, and eliminating reliance on cash, helping South Africa's leading fast-moving consumer goods (FMCG) producers serve hard-to-reach markets with greater efficiency. LovCash is already being adopted by some of the largest commercial partners looking to digitize informal trade operations at scale. The informal economy in South Africa accounts for nearly 20% of all jobs and remains heavily cash-dependent—making it difficult to track sales, offer benefits, or extend credit. Since its launch, LovCash has onboarded over 3,700 small-to-medium retailers and partnered with 9 of the country's largest wholesalers. The network has grown by more than 275% in just 5 months. LovCash enables a blockchain-driven solution that transforms the supply chain by: Transitioning to Digital Transactions: Wholesalers, supermarkets, and mom-and-pop shops can now buy FMCG products via LovCash. The platform offers instant cash-back rewards, competitive pricing, and up-to-date promotions. It also makes it easy to compare prices and complete cashless transactions with a single click, reducing the risks that come with handling cash. Enhancing Safety, Security & Transparency: In South Africa, cash has fueled crime and fraud—causing an estimated $1.3 billion in annual losses. Lisk's blockchain enables secure, auditable, and traceable payments, reducing these risks and enhancing financial transparency. Providing Real-Time Sales & Data Insights: Leading FMCG suppliers can now track product movement more accurately, enhancing supply chain efficiency. This provides valuable insights into product flow across formal and informal trade, enabling better sales tracking and optimization. Enabling Loyalty & Rewards Programs: Implement B2B loyalty programs with cash-back rewards to enhance customer retention, strengthen the supply chain, and accelerate sales growth. Driving Sales: LovCash's digital applications unlock unprecedented access to the informal trade, allowing users to discover exclusive offers, pricing, and daily rewards with ease. LovCash has secured an investment from Lisk to support its growth and expansion. While Lisk actively supports a broad range of projects through its network and ecosystem initiatives, LovCash is among the select applications to receive direct investment—highlighting Lisk's deep commitment to empowering founders in high-growth markets. Beyond infrastructure, Lisk connects builders to global network opportunities, funding pathways, and long-term strategic support. By working alongside founders and facilitating access to key stakeholders, Lisk ensures high-growth market projects have the resources they need to scale effectively in Web3. 'Today, the supply chain is entering the blockchain,' said Costas Constantinou, Founder & CEO of LovCash. 'Many businesses throughout South Africa operate in fragmented, cash-dependent environments, with no access to supply chain rewards. With LovCash, we're replacing cash with a digital-first payment, rewards, and commerce system that enhances trade, benefits, security, transparency, and efficiency.' "Our partnership with LovCash exemplifies how blockchain can transform industries and drive real impact beyond payments,' said Dominic Schwenter, COO of Lisk. 'By addressing real-world supply chain challenges, they deliver tangible value—streamlining operations for commercial partners, empowering informal market players with digital access, and offering end users secure, rewarding transactions, setting a new benchmark for blockchain applications in high-growth markets." For more information, users can visit and About Lisk Lisk is a Layer 2 Ethereum blockchain dedicated to empowering web3 builders in high-growth markets. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in high-growth markets to operate efficiently on Ethereum for the first time. Lisk's founder-focused approach provides a comprehensive ecosystem of startup programs, tooling, seed liquidity, and knowledge bases to support local founders from inception to success. As a long-standing Web3 infrastructure project, Lisk has been contributing toward democratizing blockchain accessibility for developers globally since 2016. As an original member of the Optimism Superchain, Lisk also plays a pivotal role in building the industry's first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain. About LovCash LovCash is a blockchain-powered e-commerce and end-to-end digital payments and rewards solution designed to streamline enterprises' supply chains. Built on Lisk, an Ethereum Layer 2 blockchain, LovCash enables fast, secure, and cost-effective transactions while optimizing supply chain operations, particularly in emerging markets. Contact Wahaj Khan Serotonin
Arabian Post
09-06-2025
- Business
- Arabian Post
AixuSpeed reaches $500K commitment in pre‑sale boom
AixuSpeed has recorded over US $500,000 in token purchase commitments within the opening 72 hours of its pre‑sale, signalling strong early interest in this meme‑inspired digital asset. The pre‑sale commenced on 6 June 2025 and rapidly surpassed half a million dollars in pledges by 9 June 2025. The project's emphasis on rapid transaction settlement—claimed to settle in under a second—appears to resonate with buyers seeking frictionless crypto payments. AixuSpeed positions itself as more than a playful token, blending meme‑driven community appeal with a payment infrastructure optimised for speed and lean fees. The founders highlight a use case aimed at enabling micropayments—such as tipping for digital content or purchasing small goods—without the usual cryptocurrency delays. Co‑founder Sara 'AiXuSpeed_' Akram encapsulated the mission: 'People love the fun of memes but hate waiting ten minutes for a coffee on‑chain… your transaction travels faster than the joke itself.' The start‑up combines talk of sub‑second settlements with a tokenomics model designed to incentivise both usage and community growth. The pre‑sale is capped at one billion tokens, with audited liquidity locks in place to guard against early pump‑and‑dump scenarios. These steps seek to reassure early backers of the project's commitment to stability. ADVERTISEMENT Promised transaction features include extremely low fees, gas efficiency tailored for nano‑transactions, and security via audited smart contracts. Weekly meme‑contests, NFT airdrops, and viral‑marketing strategies complement the technical value proposition, appealing to users who engage with crypto on social and entertainment platforms. Ahead of a planned decentralised exchange listing in the third quarter of 2025, AixuSpeed expects a tighter circulating supply and intends to initiate a Speed Grants programme to support third‑party developers building integrations for games, social apps, and e‑commerce systems. A cross‑chain bridge, targeting Ethereum Layer 2 and Solana, is scheduled for deployment in the fourth quarter. Crypto analysts confirm that the meme coin market has matured, increasingly blending narrative‑driven hype with functional attributes. The success of tokens such as Dogecoin, Shiba Inu and others has encouraged new entrants to emphasise utility—particularly in payment infrastructure, speedy confirmations, and affordable micro‑payment services. Industry observers see AixuSpeed's approach as reflective of broader shifts. With global crypto usage increasingly focused on everyday digital interactions—streamer tipping, pay‑per‑article access, mobile vending—tokens that can process ultra‑fast and micro‑scaled transactions may satisfy a gap left by traditional payment rails. The project's emphasis on near‑zero fees could prove significant; historically, micropayment models struggle with high gas costs on Ethereum and similar networks. However, the crypto sector is littered with pre‑sale projects failing to follow through. While current commitments underscore interest, delivery of speed claims will depend on robust network architecture. Audit documentation confirms that smart contracts have been reviewed, but comprehensive analysis of throughput performance remains pending independent review. ADVERTISEMENT More cautious voices in the blockchain community point out that meme branding can obscure technical fragilities. A prioritisation of viral campaigns and community incentives must still be grounded in reliable infrastructure to avoid user attrition or reputational damage. Achieving sub‑second confirmation requires strong network validators and resilient consensus protocols to maintain finality and resist double‑spend attacks. Comparisons have been drawn with Kaanch Network, a Dubai‑headquartered Layer 1 blockchain facilitating institutional tokenisation and real‑world asset frameworks. That project raised over $1.12 million in presale and emphasised sub‑second finality and high scalability. While Kaanch targets a higher‑end institutional use case with compliance and regulatory layers, AixuSpeed appears to focus on mass consumer use and community engagement. The contrast underscores diverging paths in the next wave of token presales: utility for business versus utility for consumers. The $500,000 threshold reached by AixuSpeed is modest in absolute terms compared to multi‑million dollar raises in top‑tier projects. Nonetheless, meeting that target so quickly suggests resonance with investors seeking culturally rich tokens paired with distinct usage claims. Execution over the next six months will determine whether that initial interest solidifies into long‑term value. Live community sentiment across crypto forums underscores excitement tempered by vigilance. One commentator in a blockchain discussion said: 'They're promising fast transactions and low fees—if they deliver it could be a breakout. But I want to see stress tests.' Such voices reflect the rational‑optimistic posture of well‑informed retail and minor institutional investors. Analysts stress that vesting schedules, liquidity availability, and team retention will also influence long‑term health. The audit of liquidity locks must be transparent and rigorously maintained to build investor trust. Additionally, the intended Speed Grants programme must be backed by fresh capital and developer interest to generate ecosystem vibrancy, rather than serving as symbolic goodwill. Roadmap clarity will be tested as the token approaches listing phases later in the year. Delays in bridge deployment or grant distributions could dampen sentiment. Conversely, strong integration wins—such as inclusion in a popular e‑commerce plugin or a gaming micro‑transaction pilot—could validate project potential. Crypto‑finance observers recommend scrutiny of on‑chain metrics once the DEX listing occurs. Circulating supply figures, early holder distributions, and active wallet counts will be essential early indicators. Long term success will depend on sustained usage beyond speculative trading: on‑chain activity tied to real value exchange would elevate AixuSpeed above meme token competitors.
Yahoo
26-05-2025
- Business
- Yahoo
TRIBE DEX Brings Real DeFi Utility to Life with TMX TGE: Only 485 ETH Available After $871K Raised
Dubai - UAE , May 26, 2025 (GLOBE NEWSWIRE) -- TRIBE DEX Launches Limited TMX TGE Round on Arbitrum: Just 485 ETH Open for Public Allocation After $871K Raised PrivatelyMay 2025 – Arbitrum, Ethereum L2 — In a bold move redefining decentralized finance, TRIBE DEX, a next-generation perpetuals trading platform built on Ethereum Layer 2 networks (Arbitrum & Optimism), has officially launched its highly anticipated Token Generation Event (TGE) for the TMX token — with a strictly capped allocation of just 485 ETH available for public a $871,000 private sale completion, this limited TGE round underscores growing institutional and community demand for high-performance, non-custodial DeFi trading solutions. The event is now live at offering early supporters an opportunity to acquire TMX at discounted pre-listing prices ahead of its upcoming Weex listing and a Top 10 CEX launch announcement.'We designed TRIBE DEX to lead the future of derivatives trading on Ethereum L2 — where speed, privacy, and profit converge. TMX is the heartbeat of our ecosystem, and this TGE is our first step toward building a truly autonomous trading infrastructure,' said the TRIBE DEX founding Sets TRIBE DEX Apart?Next-Gen Trading, Fully DecentralizedPerpetual Futures with up to 30x LeverageCEX-grade interface with multi-account and risk management toolsBuilt-in DCA/Grid bots, auto-trading & copy trading TMX Tokenomics: Engineered for Long-Term GrowthStaking APYs up to 500%Buyback & Burn model to sustainably reduce supplyGovernance utility granting real influence to token holdersHigh-Yield Liquidity Pools (TLP)200–500% APY via fees + TMX incentivesTLP tokens can be used as trading collateralImpermanent loss protectionDeFi Meets Real Life: The TRIBE Debit CardTRIBE DEX bridges DeFi and daily life with a crypto debit card, enabling users on Arbitrum and Optimism to spend digital assets seamlessly in real-world Breeds ValueWith only 485 ETH available in the public TGE, TRIBE DEX is maintaining scarcity by design, reflecting its commitment to sustainable value and long-term price appreciation. This tightly limited round signals strong confidence from early investors and aligns with the project's measured, utility-first token release NOW LIVE: Info: the Community: the Pulse: for Impact in the DeFi EconomyAs traditional finance adapts to decentralized models, TRIBE DEX is uniquely positioned at the intersection of innovation, scalability, and community alignment. With automation-first infrastructure and frictionless user onboarding, the platform invites traders to experience true financial independence — without limits, without KYC, and without launch marks the start of a broader strategy to onboard power users, institutions, and DeFi natives into a profitable, privacy-first trading can secure your TMX before allocation closes: Only 485 ETH is the TGE now at: Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. CONTACT: Patrick Crawford Info at 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
Yahoo
23-05-2025
- Business
- Yahoo
Pepe Heimer Introduces AI-powered Yield Optimization and Launches PEHEM Token Presale
Pepe Heimer is a new memecoin integrating powerful AI tools with DeFi to provide real utility and solve many of the problems in the crypto landscape. New York, NY, May 23, 2025 (GLOBE NEWSWIRE) -- Pepe Heimer, a new memecoin merging the prevalent meme culture with real utility, officially launched with a new approach to integrate AI-powered DeFi tools for yield optimization. The project seeks to solve real problems in decentralized finance with innovative and powerful products. Moreover, the $PEHEM presale is currently live on the Pepe Heimer official website, projected to reach $100K, and aiming to build support for the project's early development stages. Pepe Heimer is a Layer-2 ecosystem driven by artificial intelligence. Unlike other memecoins, Pepe Heimer bridges entertainment and infrastructure through a robust suite of DeFi tools. Its unique, character-driven brand is inspired by Pepe the Frog and the legacy of J. Robert Oppenheimer, the father of the atomic bomb. More importantly, Pepe Heimer is on a mission to provide real utility in a DeFi landscape overcrowded by useless and short-lived initiatives. Pepe Heimer is launching its own Ethereum Layer 2 chain, focusing on speed, efficiency, and scalability. This ecosystem will grow to include DEX, Bridge, and zk-Rollups features supporting rapid transactions, cross-chain liquidity movements, and low fees. Pepe Heimer lowers the entry barrier and gives smaller retail investors and active DeFi users access to farming, trading, and staking opportunities without the usual friction. Fueling this high-performance platform is the Pepe Heimer token, $PEHEM, with a total supply of 19,450,000,000 tokens distributed as follows: - Presale - 40%- Staking and community - 33%- Liquidity - 12%- Marketing - 10%- L2 Inventory - 5% The $PEHEM presale is live and running. Pepe Heimer allocated a significant portion of $PEHEM to the presale to ensure enough liquidity and participation, and it worked. The event already raised $23,485.741 in USDT out of the $50,000 goal and it's projected to reach $100k. Currently, 1 $PEHEM is selling at $0.0001803, providing an excellent opportunity for memecoin enthusiasts to onboard the project in its early days. Anyone can purchase $PEHEM on the Pepe Heimer website by connecting their wallets. Pepe Heimer also stands out through the AI-powered tools it integrates into its DeFi-reshaping mission. The project has developed several powerful products, including Atomic HeimerFi for yield optimization and Gem Fission, an AI sniper for token gem detection. Atomic HeimerFi is an AI-powered yield optimization tool designed to help users maximize their profits. Unlike most DeFi farming tools, it does not require micromanagement, allowing beginners to boost their gains faster. Furthermore, Atomic HeimerFi automatically reallocates funds to the best-performing DeFi strategies across lending, basis trading, and interest rate arbitrage while minimizing gas usage and risk. $PEHEM holders no longer have to waste time on research and rebalance. Instead, they can rely on Atomic HeimerFi's autopilot-like mechanism to earn more with zero manual effort. Gem Fission is an AI-driven sniper bot that scans the blockchain in real time to detect and act on early token launches. Its complex design features predictive analytics and real-time surveillance to quickly encounter the most lucrative new token initiatives. $PEHEM holders can use Gem Fission to find potential moonshots in their early development stages. The tool acts as a highly intuitive AI assistant, pinpointing the soon-to-be-launched tokens worth considering. Pepe Heimer has an ambitious roadmap divided into 4 stages: Phase 1: Theoretical Foundations This stage is almost over, and the team used it to design the $PEHEM tokenomics, conceptualize the bridge, and grow its community across social platforms. Phase 2: Chain Reaction During this stage, the Bridge & Atomic HeimerFi enters the testnet. The project will also launch Gem Fission and strike strategic partnerships for further expansion. Phase 3: Trinity Test At this point, Pepe Heimer layer 2 goes live with zk-Rollups and more. Pepe Heimer aims to achieve widespread popularity through full decentralization and non-stop innovation. Phase 4: Mushroom Cloud During this stage, Pepe Heimer should relieve control of the growing PepeDAO, and the ecosystem will reach completion. About Pepe Heimer Pepe Heimer is a new memecoin integrating powerful AI tools with DeFi to provide real utility and solve many of the problems in the crypto landscape. The project stands out through its Ethereum Layer 2 ecosystem, boasting ultra-low gas fees, fast transactions, cross-chain interoperability, automatic yield farming, and AI-driven token sniping features. The $PEHEM token presale is live here, providing a prime opportunity for early entry. Follow Pepe Heimer for ongoing updates and community engagement here: Website, X, Facebook, Instagram, Telegram, YouTube, Pinterest, and Substack. Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. CONTACT: support (at)
Business Upturn
23-05-2025
- Business
- Business Upturn
Pepe Heimer Introduces AI-powered Yield Optimization and Launches PEHEM Token Presale
By GlobeNewswire Published on May 23, 2025, 19:00 IST New York, NY, May 23, 2025 (GLOBE NEWSWIRE) — Pepe Heimer, a new memecoin merging the prevalent meme culture with real utility, officially launched with a new approach to integrate AI-powered DeFi tools for yield optimization. The project seeks to solve real problems in decentralized finance with innovative and powerful products. Moreover, the $PEHEM presale is currently live on the Pepe Heimer official website, projected to reach $100K, and aiming to build support for the project's early development stages. Pepe Heimer is a Layer-2 ecosystem driven by artificial intelligence. Unlike other memecoins, Pepe Heimer bridges entertainment and infrastructure through a robust suite of DeFi tools. Its unique, character-driven brand is inspired by Pepe the Frog and the legacy of J. Robert Oppenheimer, the father of the atomic bomb. More importantly, Pepe Heimer is on a mission to provide real utility in a DeFi landscape overcrowded by useless and short-lived initiatives. Pepe Heimer is launching its own Ethereum Layer 2 chain, focusing on speed, efficiency, and scalability. This ecosystem will grow to include DEX, Bridge, and zk-Rollups features supporting rapid transactions, cross-chain liquidity movements, and low fees. Pepe Heimer lowers the entry barrier and gives smaller retail investors and active DeFi users access to farming, trading, and staking opportunities without the usual friction. Fueling this high-performance platform is the Pepe Heimer token, $PEHEM, with a total supply of 19,450,000,000 tokens distributed as follows: – Presale – 40%– Staking and community – 33%– Liquidity – 12%– Marketing – 10% – L2 Inventory – 5% The $PEHEM presale is live and running. Pepe Heimer allocated a significant portion of $PEHEM to the presale to ensure enough liquidity and participation, and it worked. The event already raised $23,485.741 in USDT out of the $50,000 goal and it's projected to reach $100k. Currently, 1 $PEHEM is selling at $0.0001803, providing an excellent opportunity for memecoin enthusiasts to onboard the project in its early days. Anyone can purchase $PEHEM on the Pepe Heimer website by connecting their wallets. Pepe Heimer also stands out through the AI-powered tools it integrates into its DeFi-reshaping mission. The project has developed several powerful products, including Atomic HeimerFi for yield optimization and Gem Fission, an AI sniper for token gem detection. Atomic HeimerFi is an AI-powered yield optimization tool designed to help users maximize their profits. Unlike most DeFi farming tools, it does not require micromanagement, allowing beginners to boost their gains faster. Furthermore, Atomic HeimerFi automatically reallocates funds to the best-performing DeFi strategies across lending, basis trading, and interest rate arbitrage while minimizing gas usage and risk. $PEHEM holders no longer have to waste time on research and rebalance. Instead, they can rely on Atomic HeimerFi's autopilot-like mechanism to earn more with zero manual effort. Gem Fission is an AI-driven sniper bot that scans the blockchain in real time to detect and act on early token launches. Its complex design features predictive analytics and real-time surveillance to quickly encounter the most lucrative new token initiatives. $PEHEM holders can use Gem Fission to find potential moonshots in their early development stages. The tool acts as a highly intuitive AI assistant, pinpointing the soon-to-be-launched tokens worth considering. Pepe Heimer has an ambitious roadmap divided into 4 stages: Phase 1: Theoretical Foundations This stage is almost over, and the team used it to design the $PEHEM tokenomics, conceptualize the bridge, and grow its community across social platforms. Phase 2: Chain Reaction During this stage, the Bridge & Atomic HeimerFi enters the testnet. The project will also launch Gem Fission and strike strategic partnerships for further expansion. Phase 3: Trinity Test At this point, Pepe Heimer layer 2 goes live with zk-Rollups and more. Pepe Heimer aims to achieve widespread popularity through full decentralization and non-stop innovation. Phase 4: Mushroom Cloud During this stage, Pepe Heimer should relieve control of the growing PepeDAO, and the ecosystem will reach completion. About Pepe Heimer Pepe Heimer is a new memecoin integrating powerful AI tools with DeFi to provide real utility and solve many of the problems in the crypto landscape. The project stands out through its Ethereum Layer 2 ecosystem, boasting ultra-low gas fees, fast transactions, cross-chain interoperability, automatic yield farming, and AI-driven token sniping features. The $PEHEM token presale is live here, providing a prime opportunity for early entry. Follow Pepe Heimer for ongoing updates and community engagement here: Website, X, Facebook, Instagram, Telegram, YouTube, Pinterest, and Substack. Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
