Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Jesse Pollak, the creator of Coinbase’s Ethereum Layer-2 network Base, announced a pivot toward global finance after admitting the network’s strategy to drive adoption through web3 social media failed. This strategic shift follows a 14% global workforce reduction by Coinbase in May 2026 that dissolved Base’s Southeast Asian expansion teams, including Base Philippines. Strategic Pivot After Failed Social Bet lots of conversations about base over the last week. wanted to share my candid take after a week of listening and …