Post
Parent event 01
Coinbase jokes about Cobie running their account
Coinbase's official account posted a joke asking if Cobie wants to run the Coinbase account too, referencing the leadership transition.
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Cobie Takes Over Base App and Trading Products Amid Trust Concerns
Crypto KOL Rune questioned Cobie about Base's user trust issues after recent management missteps. Cobie confirmed he took over Base App and Coinbase trading products, acknowledging past mistakes and pledging to better align with on-chain users.
Heat
111
Confidence
90%
Evidence
8
Updated
Why It Happened
Rune's public criticism and Cobie's response highlight a leadership transition and ongoing tension between Coinbase/Base management and the crypto-native community, underscoring reputational damage from unforced errors.
Outcome So Far
Cobie has assumed control of Base App and Coinbase trading products; no immediate resolution to trust issues.
Actors
CobieFounder · echoCobie is a prominent pseudonymous figure on crypto Twitter as well as in the broader crypto sector. He is also the founder of echo.
RURuneCrypto KOL and questioner
BaseSeamless asset transfer between Ethereum and BaseAMM DEX with LPs and farms, ETH staking and an incorporated bridge from Axelar x Squid
CoinbaseTrusted wrapped tokens backed by Coinbase reservesWrapped tokens backed 1:1 by assets held by Coinbase.
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Parent event 02
X conversation update
6 related posts from @coinbase, @buildonbase, @PaulGoldEagle, @balajis
Related posts@coinbase@coinbase@buildonbase6 posts
Post
Parent event 03
Rune questions Cobie about Base trust issues
Crypto KOL Rune publicly asked Cobie how Base App will attract users after management missteps damaged trust.
Related posts@cobie