Wu Shuo learned that Farcaster co-founder Dan Romero issued a statement clarifying that Farcaster will not shut down and the protocol will continue to operate. He stated that as of December 2025, the platform's MAU is approximately 250,000, with over 100,000 wallet accounts. The acquirer Neynar is a startup supported by venture capital, planning to shift Farcaster towards a more developer ecosystem-oriented direction. He also mentioned that Merkle plans to fully refund the $180 million previously raised from investors, and that its home purchase funds come from Coinbase IPO proceeds.
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Wu Shuo learned that Farcaster co-founder Dan Romero issued a statement clarifying that Farcaster will not shut down and the protocol will continue to operate. He stated that as of December 2025, the platform's MAU is approximately 250,000, with over 100,000 wallet accounts. The acquirer Neynar is a startup supported by venture capital, planning to shift Farcaster towards a more developer ecosystem-oriented direction. He also mentioned that Merkle plans to fully refund the $180 million previously raised from investors, and that its home purchase funds come from Coinbase IPO proceeds.