arca

Farcaster founder Dan Romero announced on the X platform that he has joined the stablecoin blockchain project Tempo, which has previously received support from Stripe and Paradigm.

Farcaster officially announced that the OpenClaw proxy now has native support, allowing users to autonomously create Farcaster accounts without manual intervention or additional verification, and directly perform actions such as posting, replying, and interacting within the protocol.According to the introduction, users only need to pay approximately 1 USDC or ETH to initiate the OpenClaw proxy, after which the proxy will automatically complete the account creation and all subsequent on-chain social activities. Farcaster stated that this move will further lower the barrier for AI proxies to access decentralized social networks, providing foundational support for the native operation of automated accounts and intelligent proxies at the protocol layer.

The founder of the decentralized social protocol Farcaster, Dan Romero, responded to the question on social media, "Say something that couldn't be publicly shared before the acquisition, but can now be expressed openly," by stating: "I had hoped to issue a token for Farcaster, but I just never found the right moment."

Co-founder of Neynar, Rishav Mukherji, published a post outlining the vision for Farcaster: Neynar will maintain the Farcaster protocol, run the Farcaster client, and be responsible for the operations of Clanker. Some members of the Clanker team will join Neynar. Neynar has always been an important infrastructure provider for the Farcaster ecosystem, and this integration is a natural evolution after years of deep involvement in the community.The vision is to enable builders to move from ideas to sustainable income, creating a "builder-first" network. The core value of Farcaster lies in the long-established community of builders, a group that has driven key innovations such as Frames, Degen, and Warpcast. The value of Farcaster is not only in the products but also in those who experiment, share knowledge, and build openly. Neynar's acquisition of Farcaster has a core mission to make software building simpler.At the product level, there will be no major adjustments to Farcaster, Neynar, or Clanker, and rumors about the protocol or client being discontinued are not true. The Neynar developer platform will continue to exist, and financial and transaction-related functions will remain unchanged. The next phase will involve assessing product priorities, gradually advancing the roadmap while maintaining the openness of the network. As the barriers to software building continue to decrease, combined with crypto-native financial tracks and open distribution mechanisms, Farcaster is expected to become an important starting point for creators and developers to experiment, collaborate, and scale.

In response to recent market rumors, Farcaster founder Dan Romero clarified in a post that Farcaster has not shut down, the protocol is currently running normally, and it will continue to operate in the future. Data shows that Farcaster had approximately 250,000 monthly active users (MAU) in December 2025, with over 100,000 wallet addresses on-chain that have funds.Romero stated that the acquirer of Farcaster, Neynar, is a venture-backed startup that plans to push Farcaster in a more developer-oriented direction in the future, rather than terminating the project. Additionally, Romero discussed his other project, Merkle, stating that the team has decided to fully return $180 million in funding to investors. He mentioned that over the past five years, the team has consistently worked to be responsible stewards of investor funds. Romero also clarified that the funds he used to purchase property came from the proceeds of the Coinbase IPO, addressing external speculation.

Farcaster founder Dan Romero stated the following clarifications regarding market rumors:Farcaster is not planning to shut down. The protocol is currently running smoothly and will continue to operate stably in the future. Last December, its monthly active users reached 250,000, and the number of funded wallets exceeded 100,000. The acquirer Neynar is a venture-backed startup that plans to shift Farcaster towards a more developer-focused direction.Regarding the Merkle project, we plan to return the entire $180 million raised to the investors. Over the past five years, we have consistently aimed to prudently manage investors' funds.Lastly, I would like to clarify that the funds I used to purchase property came from the proceeds of Coinbase's initial public offering (IPO).

Mask Network founder Suji Yan commented on Neynar's acquisition of Farcaster in a post on X, stating: "More competition is beneficial. I did hear some rumors earlier, but I never verified them with the Neynar team. We should strengthen our cooperation and sincerely congratulate the Neynar team. To disclose, I am a minor shareholder of Neynar, and we are using Neynar's software and technology. They are a very outstanding group of people."According to previous news from ChainCatcher, Aave founder Stani stated that the governance rights of the social protocol Lens will be transferred to the Mask team, while the original team will serve as technical advisors.

According to Dan Romero, co-founder of Farcaster, one of the Farcaster clients, Neynar, will acquire the decentralized social protocol Farcaster. In the coming weeks, the Farcaster protocol contracts, codebase, applications, and ownership of Clanker will be transferred to Neynar, which will be responsible for subsequent operations and maintenance.Some members of the Merkle team, Varun, and Dan Romero will step away from the day-to-day operations of Farcaster to focus on new projects. The Neynar team has been developing on Farcaster from the beginning and is one of the earliest Farcaster clients, with its infrastructure now supporting most of the developer ecosystem.Dan Romero stated that after five years of development, Farcaster needs new approaches and leadership to realize its full potential.

According to market news, asset management company Bitwise has received approval from the U.S. Securities and Exchange Commission (SEC) to list the LINK spot ETF (ticker CLNK) on the NYSE Arca platform, with its assets being jointly custodied by Coinbase Custody and BNY Mellon.

Arca's Chief Investment Officer Jeff Dorman stated on platform X that the biggest risk facing MSTR is not being removed from MSCI or a decline in BTC prices. Being removed from MSCI has only a slight negative impact on the stock and is irrelevant to Bitcoin; due to having over 2 years of cash reserves and no forced sale clauses, a decline in BTC prices will not force MSTR to sell.He believes the real risk lies in BTC prices rising while MSTR's price stagnates. If MSTR no longer tracks BTC prices and trades significantly below mNAV, it will be unable to raise funds through ATM, and will have to consider selling BTC to repurchase stock.

According to market news, Bitwise's "10 Crypto Index Fund" has officially launched on the NYSE Arca as an ETF, after delays due to SEC review.This ETF covers the top ten mainstream crypto assets: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Cardano (ADA), Chainlink (LINK), Litecoin (LTC), Sui (SUI), Avalanche (AVA), and Polkadot (DOT).

Farcaster co-founder Dan Romero announced that the platform will undergo a major strategic adjustment, abandoning the "social-first" approach to finding product-market fit that has been in place for over four years, and shifting to a wallet-centric growth model. The team stated that the recently rapidly growing in-app wallet feature is currently the module closest to product-market fit, and they will adopt the approach of "using the tool (wallet) first, then building the network (protocol)" to drive users to complete conversions on the wallet side and become active users of the protocol.Romero emphasized that the Farcaster protocol remains open and decentralized, but the official application will focus on expanding capabilities at the intersection of wallets and social features in the future. Additionally, Farcaster has previously acquired the token issuance platform Clanker to strengthen its related product layout.

Farcaster founder Dan Romero announced that the first Clanker presale will take place this week.Start time: Thursday at 9:30 AM Pacific Time (1:30 AM Beijing Time on Friday)Presale period: 7 days; all users participating in the presale will enjoy the same conditionsTrading launch: Clanker will officially go live for trading 24 hours after the presale endsThe project and team will be introduced through multiple channels, and the presale operation will be continuously optimized in the future.

Grayscale announced that the Grayscale Chainlink Trust ETF (ticker symbol GLNK) has begun trading as a spot ETP on the NYSE Arca.GLNK is an exchange-traded product that is not registered under the Investment Company Act of 1940, and therefore is not subject to the same regulations and protections as ETFs and mutual funds registered under the 40 Act.

Arca's Chief Investment Officer Jeff Dorman published an article this morning calling this round of decline "the strangest cryptocurrency sell-off in history." The market clearly has many positive factors ------ the Federal Reserve's interest rate cuts, the impending end of quantitative tightening, strong consumer spending, record corporate earnings, and sustained demand for artificial intelligence, among others; meanwhile, all the so-called reasons for the cryptocurrency sell-off are unfounded ------ MSTR has not sold off, Tether is not insolvent, DAT has not reduced its holdings, Nvidia has not faced a crisis, the Federal Reserve has not turned hawkish, and the trade war has not restarted.Jeff stated: "I still don't understand why cryptocurrencies keep falling. The reason may be simple: despite advancements in technology and positive developments in Washington's policies and Wall Street's movements, they cannot change the fact that there is a lack of buying pressure within the current cryptocurrency ecosystem. Native crypto investors are exhausted, and new funds have not entered the market. Although investors are forward-looking, they will not easily change their investment processes ------ therefore, even though institutions like Vanguard, State Street, BNY Mellon, JPMorgan, Morgan Stanley, and Goldman Sachs are about to enter the market, they are not yet in position today. The influx of funds will not truly arrive until these institutions can easily allocate crypto assets through the existing authorization systems and investment processes."

According to a document released on Monday, NYSE Arca, a subsidiary of the New York Stock Exchange Group, has approved the listing application for the Grayscale Chainlink Trust ETF, which will begin trading on Tuesday.In the past few weeks, the United States has launched several cryptocurrency ETFs, including those tracking Litecoin, HBAR, XRP, and SOL.

Arca's Chief Investment Officer Jeff Dorman stated this morning: "For years, I have been debunking the misconceptions about Strategy (MSTR), yet every time BTC drops, the same nonsense resurfaces ------ some will say MSTR will be forced to sell BTC, or that its holdings will be liquidated, as if this were some leveraged perpetual contract... Anyone who spends less than five minutes consulting any debt or equity expert will understand that unless the drop in BTC reaches a level where MSTR's selling behavior becomes insignificant, MSTR does not need to sell BTC at all."Dorman added that the reasons MSTR does not need to sell BTC are mainly as follows: 1. Considering that Saylor holds 42% of the shares, it is almost impossible for activist investors to control the board; 2. There is no mandatory selling clause in the debt terms; 3. Interest expenses are within a controllable range (don't forget that its core technology business can still generate positive cash flow); 4. Very few companies default due to debt maturity (investors are like a herd, almost always choosing to extend debt ------ solving problems through delay).