[Farcaster Founder: Protocol Operating Normally, Home Purchase Funded by Coinbase IPO Proceeds] Foresight News reports that Farcaster founder Dan Romero posted on Twitter to clarify recent market rumors: 'Farcaster has no plans to shut down. The protocol is currently operating normally and will continue to run stably in the future. As of December last year, it had 250,000 monthly active users and over 100,000 funded wallets. The acquiring company, Neynar, is a venture-backed startup that plans to pivot Farcaster towards a more developer-focused direction. Regarding the Merkle project, we plan to return the full $180 million raised to investors. Over the past five years, we have consistently strived to manage investor funds prudently. Lastly, I want to clarify that the funds for my home purchase came from the proceeds of Coinbase's initial public offering (IPO).'