Cobie Claims Coinbase Has Lost Touch With Crypto Native Users

Well known crypto figure Cobie has shared some tough love for Coinbase. He believes the exchange has lost touch with its most loyal, crypto native users. As the platform tries to pivot, it is facing some growing pains that have left long time traders feeling a bit left out.

The focus at Coinbase is shifting heavily toward the Base network and more onchain services. While this move is meant to push the industry forward, it has created some trust issues and friction. Cobie pointed out that the app is now focusing more on trading and specific onchain products, which might not be hitting the mark for everyone.

This shift is a big deal for the market because Coinbase is often seen as the bridge for new users. If the exchange loses the respect of the core community, it could struggle to lead the next wave of adoption. Investors should watch how Coinbase adjusts its strategy to balance these new products with the needs of experienced traders.