Coinbase's Base app faces shattered user trust after leadership shift

Crypto influencers highlighted a collapse of confidence in Coinbase's Base app following recent management changes. New head of the Base App, Cobie (Jordan Fish), acknowledged that avoidable mistakes by Coinbase and Base have eroded user trust, and he clarified that he does not oversee the Base blockchain itself.

The community reports that thousands of Base users believe any information related to Base becomes unreliable after 24 hours, with claims of severe asset losses. Coinbase CEO Brian Armstrong has also admitted failures in the platform's token strategy, further fueling dissatisfaction among crypto‑native users.