@cryptoprophecy
Coinbase and its Base L2 are in hot water: a major outage on Feb 12 locked users out during a BTC dip, coinciding with a brutal Q4 '25 earnings missing $667M loss and revenue tanking to $1.78B. CEO Brian Armstrong's dumped over 1.5M shares for $550M (no buys), timing suspiciously before the crash, fueling insider cashout accusations while COIN plummets 50%. Base users rage over focus on stuff like Zora NFTs draining liquidity and screwing builders, plus lingering trust hits from past Zora rugs. Personally, I think the Coinbase/Base team should listen more closely to the community, offering features that appeal to everyone instead of honing in on niches like AI agents, Zora, or a handful of developers. Embracing the memecoin enthusiasts and the playful spirit of crypto could go a long way in rebuilding trust and excitement. Is the ship sinking? #Coinbase #CryptoDrama
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