Cobie Vows Closer On-Chain Alignment After Base Trust Crisis
2026-07-18 12:29

Woofun AI reports that crypto influencer Rune criticized Base management for eroding community trust, citing a culture where relying on Base is deemed a mistake. In response, Cobie clarified that while he oversees Base App and Coinbase trading products, he does not manage the Base chain itself. He admitted that both entities have overdrafted user trust through avoidable errors and pledged to listen more closely to on-chain feedback to build desired products. Rune further alleged that over 10,000 users suffered approximately 99% asset losses due to management actions, arguing that Base’s potential as top-tier Layer 2 infrastructure is hindered by a leadership team lacking accountability.

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Rune
Cobie
Base App
Base
Coinbase
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