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  • 01:30
    Farcaster announces strategic transformation, shifting focus from social scenarios to wallet-driven growth
    ChainCatcher reported that Farcaster co-founder Dan Romero announced a major strategic shift for the platform, abandoning the “social-first” approach to product-market fit pursued over the past four years, and pivoting to a wallet-centric growth model. The team stated that the rapidly growing in-app wallet feature is currently the closest module to achieving product-market fit, and will adopt a “use the tool (wallet) first, then build the network (protocol)” approach to drive user conversion on the wallet side and turn them into active protocol users. Romero emphasized that the Farcaster protocol will remain open and decentralized, but the official app will focus on expanding capabilities at the intersection of wallets and social features in the future. In addition, Farcaster previously acquired the token issuance platform Clanker to strengthen its related product offerings.
  • 01:28
    A whale went long on 1.38 million HYPE tokens at a price of $38.6, with an unrealized loss of $12.01 million.
    According to Jinse Finance, on-chain analyst Yujin has monitored that a certain whale went long on 1.38 million HYPE tokens at a price of $38.6, with a total value of $41.36 million. The whale is currently facing an unrealized loss of $12.01 million. The liquidation price for this whale's position is $23.7.
  • 01:10
    Robinhood to enter the Indonesian market through the acquisition of a brokerage business and a crypto trading platform
    ChainCatcher news, according to Reuters, Robinhood stated in a blog post on Sunday that it will acquire Indonesian brokerage Buana Capital Sekuritas as well as licensed digital asset trader Pedagang Aset Kripto, marking the retail trading platform's official entry into one of Southeast Asia's major cryptocurrency hubs. Indonesia has over 19 million capital market investors and 17 million cryptocurrency traders, highlighting its appeal in stock and digital asset trading. Acquiring a brokerage helps companies meet regulatory requirements and establish a business foothold, thereby facilitating smoother entry into new markets; acquiring a licensed digital asset trader can accelerate access to cryptocurrency products. Robinhood did not disclose the financial terms of the transaction, which is expected to be completed in the first half of 2026. The company stated that Pieter Tanuri, the major shareholder of both Indonesian companies, will continue to serve as Robinhood's strategic advisor.
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