Farcaster co-founder Dan Romero reassures the community that the protocol is not shutting down after being acquired by Neynar. Farcaster has 250,000 active monthly users and over 100,000 funded wallets. Merkle Manufactory, the company behind Farcaster, raised $180 million, and plans to return the funds to investors. Neynar is taking over Farcaster’s maintenance and leadership, leading to a transition for Romero and his team. Aave has handed over Lens stewardship to Mask Network, allowing Aave to focus on DeFi while remaining involved with Lens. Ethereum co-founder Vitalik Buterin expresses support for decentralized social media and encourages the community to adopt open social platforms for a better society.

Read more at Cointelegraph: Farcaster Co-Founder Says Protocol Isn’t Shutting Down After Neynar Deal