Coinbase has appointed the influential Crypto Twitter figure @AlexOnchain as its inaugural 'CT leader' to bolster its social media presence, as revealed in a Friday announcement. Alex comes to Coinbase with extensive experience in crypto marketing, having led social media and community efforts at Binance for four years. He left Binance in March 2024, touting growth in their social media followers by 20 million across various platforms. In his new full-time role, Alex will collaborate closely with Coinbase's executive team to showcase the company's contributions to the crypto space. Expressing enthusiasm on X about his new role, Alex stated, 'They’re the best in the industry. However, they’ve been facing criticism. The solution lies in making communications more engaging and transparent on Twitter.' Crypto Twitter, or CT, is an informal community where users discuss the latest news and trends in the cryptocurrency ecosystem. It stands out as a critical communication channel alongside Telegram and Discord. Alex also mentioned Coinbase's intention to expand its social media team, indicating on X that he is seeking a 'writer/content creator' to join him. His motivation to join was bolstered by the assurance of avoiding 'corporate BS' and extensive content review processes. As the leading crypto exchange in the U.S., Coinbase has often faced scrutiny, both internally and externally in the crypto ecosystem. Its customer support has been a long-standing point of contention on social media, especially after a breach exposed sensitive KYC data of thousands of customers. The exchange also faced criticism in June for sponsoring the U.S. Army’s 250th anniversary military parade alongside companies like Oracle and Palantir, raising questions regarding CEO Brian Armstrong's commitment to keeping Coinbase 'mission-focused' and 'apolitical.' Despite the challenges, executives such as Base creator Jesse Pollak and Protocol Specialist Viktor Bunin are committed to maintaining a vibrant social media presence, especially on X. Alex's hiring was marked by a planned 'takeover' of Coinbase’s X feed, during which the firm updated its profile to feature a Pudgy Penguin NFT character. Disclaimer: The Block operates independently and is funded by various investors, including Foresight Ventures. This article is for informational purposes and does not constitute legal or financial advice.
❓ Who is AlexOnchain?
AlexOnchain is a notable personality in the Crypto Twitter community, previously leading social media efforts at Binance.
❓ What is Coinbase's goal with Alex's hiring?
Coinbase aims to enhance its social media presence and communications strategy with Alex as its Crypto Twitter leader.
❓ What challenges has Coinbase faced recently?
Coinbase has been criticized for its customer support and for contradictions in its sponsorship activities.