Coinbase’s Jesse Pollak steps back from Base app leadership after admitting his crypto social strategy failed
Pollak said that Jordan Fish, also known on X as ‘Cobie,’ will lead the Base app team.
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Summary
- Coinbase’s Jesse Pollak said he is stepping back from leading the Base app to focus on building Base as the blockchain for global finance, with “Cobie” taking over leadership of the app.
- Pollak acknowledged that his bet on onchain social applications and creator coins was a mistake, saying the strategy left Base behind in key areas such as trading, payments and tokenization, prompting the network’s strategic pivot.
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
