Ethereum
Coinbase's Jesse Pollak Hands Base App to Cobie, Says Social Bet Was 'Definitively Wrong'
The Defiant·July 16, 2026·1 min read
Coinbase's Jesse Pollak handed the Base app to Cobie, saying his social bet was 'definitively wrong.' The Coinbase executive is refocusing the largest Ethereum Layer 2 on trading, payments and AI agents after conceding its onchain-social push failed. Base pivots away from social features.
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