Coinbase CEO Brian Armstrong has taken responsibility for the initial marketing and execution missteps of the Base App, acknowledging criticisms from shareholders regarding early project integrations. Armstrong stated that these issues are in the past and that the Base App has since been reoriented as a "self-custody version of Coinbase." The platform's current focus is on transactional functionality, with a significant update recently completed. He emphasized the critical need for a purely self-custodial wallet as the world increasingly moves toward on-chain activities, while also noting that the majority of the company's resources remain allocated to its core retail applications.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-02-18 02:31:57 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-02-18 02:31:57 UTCEvent JSON
{
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"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1771381917,
"kind": 1,
"tags": [],
"content": "Coinbase CEO Brian Armstrong has taken responsibility for the initial marketing and execution missteps of the Base App, acknowledging criticisms from shareholders regarding early project integrations. Armstrong stated that these issues are in the past and that the Base App has since been reoriented as a \"self-custody version of Coinbase.\" The platform's current focus is on transactional functionality, with a significant update recently completed. He emphasized the critical need for a purely self-custodial wallet as the world increasingly moves toward on-chain activities, while also noting that the majority of the company's resources remain allocated to its core retail applications.\n\n#crypto #blockchain #news ",
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}