[Farcaster Co-Founder: Protocol Still Operating Normally, Personal Housing Purchase Funds Come from Coinbase IPO Proceeds] Decentralized social protocol Farcaster co-founder Dan Romero clarified in a post that Farcaster has not shut down and the protocol is still operating normally, with approximately 250,000 monthly active users (MAU) as of December 2025 and over 100,000 funded wallets. The acquiring party, Neynar, will steer it more toward a developer-focused direction. He also stated that Merkle plans to fully refund approximately $180 million in financing to investors and added that his personal housing purchase funds came from Coinbase IPO proceeds.