Cobie

Coinbase

2026-09-12 02:01:51

Cobie says Jesse Pollak earned the “onchain savior” label as Base helped spark the corporate chain push

Cobie said Jesse Pollak deserves to be seen as Coinbase’s “onchain savior,” even though he does not agree with all of Pollak’s views. In remarks on the discussion over why Coinbase would hold Pollak in such high regard, Cobie pointed to Pollak’s role in building Base from scratch and pushing the project through a difficult market period after the FTX collapse. He argued that Base, to some extent, set the pattern for the later wave of companies building their own chains, naming Stripe and Robinhood as examples that followed. Cobie also said Base development started before the 2023 Solana meme coin boom, framing the effort as something that predated that market cycle rather than reacting to it. At the same time, Cobie did not present Pollak uncritically. He said Pollak had made some mistakes over the past year. Even so, Cobie said Pollak still merits respect because he kept working on the project every day despite facing long-running criticism from Crypto Twitter.

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Base

2026-09-09 13:59:55

BLUECHIP jumps on Base after Cobie-linked narrative resurfaces

According to data from GMGN, the Base meme token BLUECHIP briefly pushed its market capitalization above $30 million and rose more than 60% from its intraday low before later trading at $22 million. ChainCatcher said the move followed attention tied to Cobie’s official X account. The token’s narrative traces back to Cobie’s early trading history, with community members recently resurfacing posts from June 2014 in which he discussed a token called BlueChip. Those posts referenced new price highs, order book changes, and his decision to keep holding. The renewed circulation of those older posts has fed a “2014 meme revival” narrative around the token. The report also noted that meme coin prices can swing sharply and said investors should be mindful of the risks.

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Base

2026-08-29 07:32:10

Base meme token BLUECHIP briefly topped a $12 million market cap

Base meme token BLUECHIP briefly pushed its market capitalization above $12 million, according to GMGN, after rising more than 50% from its intraday low. The token was later quoted at $10 million. The narrative around BLUECHIP is tied to early trading posts from Cobie, Coinbase’s head of trading products. In June 2014, Cobie posted for several consecutive days about a token called BlueChip, discussing its price hitting new highs, changes in order-book listings, and his decision to keep holding it. Those old posts have recently been recirculated by the community, giving rise to a “2014 meme revived” storyline around the token. Odaily noted that meme coins can see sharp price swings and warned users to pay attention to risk.

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Base

2026-08-24 05:14:24

Base meme token BLUECHIP briefly tops $6 million market cap after 120% daily jump

BLUECHIP, a meme token on Base, briefly pushed its market capitalization above $6 million, according to GMGN data. The token was up more than 120% on the day and was later quoted at $5.3 million. The move has been tied to a community-driven narrative around old posts from June 2014 by Cobie, Coinbase’s head of trading products. In those posts, Cobie discussed a token called BlueChip over several days, mentioning price highs, changes in sell orders, and his decision to keep holding. Those historical posts have recently resurfaced in the community, feeding what traders are calling a revival of a “2014 old meme” narrative. Odaily said meme tokens can see sharp price swings and reminded investors to stay alert to the risks.

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Base

2026-08-22 06:08:08

Base App Account Appears to Unfollow Base Co-Founder Jesse

Market chatter on August 22 suggested that the official Base App account had unfollowed Base co-founder Jesse. Several crypto users shared bot screenshots, which sparked discussion across the community. The development comes after Jesse’s strategy shift in mid-July, when he publicly said Base had failed to bet successfully on onchain social and creator tokens and handed Base App leadership back to Coinbase. Cobie, also known as Jordan Fish, took over. Jesse said he would focus on building the Base chain and on making it a “global financial blockchain.” Base App later shifted further toward trading-first and multichain priorities.

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Base

2026-07-18 04:37:24

Rune questions Cobie’s Base App role as trust crisis around Base deepens

Crypto KOL Rune publicly challenged the significance of Cobie taking over work related to the Base App, arguing that Base’s leadership has continued to erode user trust at a time when the project says it wants to drive more onchain activity. In a post on X, Rune said users have been left feeling that trusting anything tied to Base for more than 24 hours is a mistake, making it difficult to bring in new users under the current culture. Cobie replied that he took over responsibilities tied to the Base App and Coinbase’s trading products several days ago, but said he does not oversee the Base chain itself. He acknowledged that Coinbase has long been distant from users, especially crypto-native users, and said both Base and Coinbase have burned through a large amount of trust because of avoidable mistakes. Cobie said he wants to listen more closely to onchain users and build products people genuinely want to use. Rune later pushed back again, saying Coinbase’s core problem is not just detachment from users but a long-running pattern of ignoring or harming them. He claimed that more than 10,000 Base users suffered roughly 99% asset losses after trusting Base/Coinbase leadership, and said the management team’s response has added to community anger.

2110

Base

2026-07-18 04:29:30

Rune says Base has lost community trust; Cobie says he wants Coinbase closer to onchain users

Crypto commentator Rune and Cobie publicly traded views on X over Base’s recent community controversy, with the exchange centering on trust, leadership and Coinbase’s relationship with crypto-native users. Rune argued that Cobie’s goal in taking over the Base App may be to push onchain trading, but said Base’s current leadership has repeatedly eroded user trust to the point that, in his words, believing anything tied to Base for more than 24 hours is a mistake. He said that kind of culture makes it difficult to attract new users. Cobie replied that he took over work related to the Base App and Coinbase’s trading products a few days ago, though he does not oversee the Base chain itself. He acknowledged that Coinbase has long had distance from users, especially crypto-native users, and said both Base and Coinbase burned through a large amount of trust because of avoidable mistakes. Cobie said he wants to listen more closely to onchain users and build products people actually want to use. Rune later responded again, saying Coinbase’s biggest issue is not just detachment from users but a long pattern of ignoring or hurting them. He added that more than 10,000 Base users suffered roughly 99% asset losses after trusting Base/Coinbase leadership, and said management’s handling of the matter deepened community anger.

2050

Base

2026-07-17 07:03:38

Base hands app operations to Cobie as Stripe’s $53 billion PayPal bid points to a stablecoin infrastructure reshuffle

Two developments highlighted by Morning Minute and translated by TechFlowPost suggest the center of gravity in crypto infrastructure is shifting. On one side, Base is changing course internally: Coinbase executive Jesse Pollak said the consumer-facing Base App will be run by Cobie, while Pollak moves his attention back to the Base chain itself. He also said one of his core assumptions from 2024 to 2025 was wrong, acknowledging that growth did not come from onchain social products as he had expected. Pollak said the social push around Farcaster, Zora, Mini Apps and creator coins had effectively broken down, leaving Base behind in areas such as perpetuals, prediction markets, tokenization and payments. He now wants Base to focus on trading, payments and agents in 2026. On the other side, the report says Stripe and Advent have made a $53 billion offer for PayPal. The rationale, as presented in the article, is stablecoin infrastructure consolidation: Stripe already has Bridge and Tempo, while PayPal operates PYUSD. If combined, the merged system would link issuance, payment rails and settlement channels under one roof. Taken together, the two stories point to the same theme: crypto’s power centers are moving away from social narrative experiments and toward financial utility, especially in trading, payments and stablecoin distribution.

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