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Institutional adoption isn’t about building up, it’s about sucking Crypto dry | Bee Network

LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyatt@OdailyChina@XiaMiPPcryptoBelieve in SomethingEvgenyDeanMarketTokenThe War Between Stablecoins and Banking Probably Doesn’t ExistRelated: The Ultimate Comeback of the “Shovel Seller”: Why Did Neynar Acquire Farcaster? On January 21st, Dan Romero and Varun Srinivasan, co-founders of Farcaster, which had received investments from top-tier institutions like A16Z and Paradigm and reached a valuation exceeding $1 billion, announced that Neynar would acquire Farcaster. In the coming weeks, Farcaster’s protocol contracts, code repositories, official client, and Clanker will be transferred to Neynar, which will continue to operate and maintain them. Some members of the founding team Merkle, along with Dan and Varun themselves, will step back from day-to-day management to pursue new ventures. This acquisition occurs against the backdrop of Farcaster’s dramatic ups and downs. The protocol reached a $1 billion valuation in 2024 but suffered severe revenue decline and user attrition in Q4 2025. Previously, community rumors suggested Coinbase would acquire Farcaster. Now, the facts are settled. Neynar,…# Analysis# bitcoin# crypto# defi# ethereum# Market# Token# ToolPre Pharos Establishes RealFi Alliance to Promote Institutional-Grade Standardization for On-Chain RWA ExecutionNext Crypto's New Path: Building the Next Generation of Permissionless New BanksThe full-chain stablecoin war: Circle, Tether and Frax’s digital dollar game6086cf14eb90bc67ca4fc62b2Former Coinbase CPO’s 10,000-Word Essay: In This Market, the Greatest Advantage Is “Doing Nothing”6086cf14eb90bc67ca4fc62bThe whole story of MegaETH’s “slip of the hand”: Multiple signings 34 minutes early disrupted a $1 billion plan.6086cf14eb90bc67ca4fc62b2SKR Open for Claiming, Is Solana Mobile Worth Watching?6086cf14eb90bc67ca4fc62b1Odaily Interview with SharpLink: Ethereum’s “Productive Capitalist”6086cf14eb90bc67ca4fc62b1Odaily Editorial Department’s Complete Investment Operation Record (November 5th)6086cf14eb90bc67ca4fc62bNo commentsLogin immediatelyCoinCarpBinanceCoinMarketCapCoinGeckoCoinliveArmorsWhite Paper RolesFAQPrivacy PolicyTerms of ServicesCoinCarpBinanceCoinMarketCapCoinGeckoCoinliveArmorsWhite PaperRolesFAQPrivacy PolicyTerms of ServicesAirdrop HuntersData AnalysisCrypto CelebritiesTrap Detector繁體中文简体中文日本語Tiếng Việtالعربية한국어Bahasa Indonesiaहिन्दीاردوРусский

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