The Block(@TheBlockCo):THE BLOCK: Singapore-based crypto custody firm Cobo is shutting down its wallet app on Dec. 1 and telling users to move their assets out before the deadline. Funds left behind will face a 2% monthly fee with a $100 minimum, wiping out balances below $100 in one go.

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The Block@TheBlockCo

2026.10.16 16:36

THE BLOCK: Singapore-based crypto custody firm Cobo is shutting down its wallet app on Dec. 1 and telling users to move their assets out before the deadline. Funds left behind will face a 2% monthly fee with a $100 minimum, wiping out balances below $100 in one go.