Jordan Fish, better known as Cobie, will run Base app after Coinbase acquired his Echo platform for about $375 million in 2025. Jesse Pollak called Q1 2026 “a punch in the face,” saying Base’s Farcaster, Zora, miniapp and creator-coin bets “disintegrated completely”; he will refocus on chain infrastructure for trading, stablecoin payments and AI agents. The reset follows two Base mainnet stalls in late June and Robinhood’s trading-first Ethereum L2 launch last week.

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