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Tag: #layer1 · 2 posts
Posted Apr 11
🚀 Crypto Startups Secure $76 Million in Funding in Early Q2 2026 DefiLlama data reveals that crypto startups raised $76 million in the first week of the second quarter of 2026. According to Odaily, the total funding for the year has approached $500 million. Key funding rounds this week include: Pharos secured $44 million in a Series A round with participation from SNZ Holding, Chainlink, and Flow Traders. The company focuses on building a high-performance Layer 1 blockchain compatible with Ethereum applications, emphasizing RWA and decentralized infrastructure networks. Oh raised $7.5 million in a Series A round led by Maven 11, with contributions from L1 Digital, Hashed, Auros Global, and Maelstrom. The project aims to develop a Web3 AI platform offering decentralized AI service tools like OhChat. Kulipa completed a $6.2 million seed round led by Flourish Ventures and 1kx, with participation from White Star Capital and Fabric Ventures. The company provides branded payment cards for crypto wallets, enabling the conversion of digital assets to traditional currency at checkout. #CryptoStartups#Funding#Q22026#Pharos#SeriesA#Blockchain#Layer1#Ethereum#Oh#Web3#AI#DecentralizedAI#Kulipa#SeedRound#PaymentCards#CryptoWallets#DigitalAssets#TraditionalCurrency
Posted Apr 10
🚀 Scroll Users Face Excessive Transaction Fees Due to Multiplier Increases Scroll users incurred over $50,000 in additional transaction fees following six manual multiplier increases that elevated Layer 1 data charges to 1,280 times the original baseline. According to NS3.AI, L2BEAT reported that approximately 139,000 transactions were impacted over a span of roughly four days, with the baseline cost estimated at around $280. On April 9, the team reduced both multipliers by 160 times. Etherfi Cash bots contributed approximately $35,000 of the excess fees during etherfi's migration to Optimism. #Scroll#TransactionFees#MultiplierIncrease#Layer1#L2BEAT#NS3AI#Etherfi#Optimism#Crypto#Blockchain#SCR