Institutional adoption isn’t about building up, it’s about sucking Crypto dry | Bee Network
LoginАктуальные новостиАгенты искусственного интеллектаЗапуск мемовDeSciTopChainExplorerДля Ньюби100-кратное количество монетИгра "ПчелкаОсновные веб-сайтыMust-Have APPКриптознаменитостиDePINНовички насущныеДетектор-ловушкаОсновные инструментыПродвинутые веб-сайтыОбменИнструменты NFTВселенная Web3ИгрыDAppПчелиный улейРастущая платформаADМонеты для пополнения запасовВход в системуWeb3 UniИгрыDAppПчелиный улейADдомАнализАнализУайатт@OdailyChina@XiaMiPPкриптовалютаBelieve in SomethingEvgenyDeanРынокТокенThe War Between Stablecoins and Banking Probably Doesn’t ExistInstitutional adoption isn’t about building up, it’s about sucking Crypto dryRelated: 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,…Анализ ## биткоин# crypto# defi# ethereumРынок #Токен #Инструмент #Pre
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- Compiled by | Odaily（@OdailyChina） Translator | Ding Dang（@XiaMiPP） Institutions have finally