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Meme Coins won't last forever. Arweave will, literally
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tldr; Farcaster, a decentralized social media platform on the Ethereum blockchain and Optimism’s layer-2 ecosystem, has raised $150 million in a funding round led by Paradigm. The round saw participation from a16z, Haun, USV, Variant, and Standard Crypto. The funds will support the project's development, building on its growth since becoming permissionless in October, with over 350,000 paid sign-ups and a significant increase in network activity. Farcaster aims to be an internet-scale protocol, emphasizing user ownership and privacy, and has now reached a valuation of over $1 billion. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; RadioShack is rebranding itself as a crypto exchange and issuing its own token, RADIO. Tai Lopez, who bought RadioShack out of bankruptcy last year, will control the largest amount of RADIO tokens on launch. Lopez is also the founder of crypto project “Atlas Universal Store of Value” (USV), a token that will supposedly help bootstrap the retailer's pivot to digital assets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*