[Farcaster to Return $180 Million to Investors After Being Acquired by Neynar] According to a report by Jinse Finance, decentralized social network Farcaster announced that its operations will remain normal following its acquisition by Neynar, and confirmed plans to return $180 million in funds to investors. Farcaster co-founder Dan Romero stated in a community post that Farcaster is still operational and continues to see significant user engagement. He noted that December's monthly active users were approximately 250,000, with over 100,000 funded wallets. He also added that Neynar, a venture-backed startup that has long been building infrastructure on Farcaster, plans to steer the project toward a more developer-centric direction. In July 2022, Farcaster's development company Merkle Manufactory raised $30 million from venture capital firm a16z crypto. In March 2022, the company completed another round of financing led by Paradigm, which reportedly brought the company's valuation to over $1 billion. Romero stated that Merkle has raised a total of $180 million throughout its development journey. In a post, he announced that the company will return these funds to investors.