Cobo to shut down Cobo Wallet app on December 1
Cobo will shut down its Cobo Wallet app on December 1, 2026. Users must withdraw by November 30 or face a 2% monthly fee with a $100 minimum. The post Cobo to shut down Cobo Wallet app on December 1 appeared first on Crypto Briefing.
AI summary
Cobo announced it will shut down its Cobo Wallet app on December 1, 2026, requiring users to withdraw funds by November 30. After that deadline, remaining balances will incur a 2% monthly fee with a $100 minimum. The closure of a long-running custody wallet adds to concerns about service continuity in crypto storage, though the impact is limited to Cobo's user base.
