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Project Overview
Cobo is a digital asset custody platform offers a complete range of solutions – from custodial wallets to non-custodial wallets, including MPC and smart contract wallets, as well as Wallet-as-a-Service, an on-chain digital asset management platform (Argus), and an off-exchange settlement network (SuperLoop). Cobo's incubator arm, Cobo Ventures, also contributes to the DeFi ecosystem through investments in early-stage innovative and promising DeFi projects.
Cobo Wallet to shut down App services on December 1, 2026, with 2% monthly management fee for assets not transferred out after the deadline
Odaily reports: Cobo Wallet has announced that its App services will officially shut down on December 1, 2026. Users must transfer out all assets and update any Cobo Wallet receiving addresses previously set on other platforms before 23:59 on November 30, 2026. For assets not transferred out after the deadline, Cobo will charge a monthly management fee of 2% of the remaining account assets, with a minimum monthly charge equivalent to $100.
On-chain gold whale Antalpha has added 15,052 XAUT worth $68.03 million over the past 3 months
According to monitoring by Onchain Lens, on-chain gold whale Antalpha (@antalpha_ai, 0x07C...748) has been continuously increasing its XAUT holdings over the past 3 months, accumulating approximately 15,052 XAUT worth about $68.03 million, with transfers coming from Cobo_Global. 7 minutes ago, this wallet received 1,000 XAUT valued at approximately $4.1 million.
Antalpha Deposits Over $9 Million Worth of XAUT into Cobo, Likely Selling via OTC Channel
According to on-chain analyst Onchain Lens (@OnchainLens), Antalpha deposited 1,950 XAUT (worth approximately $9.18 million) into Cobo; the funds were subsequently transferred to Binance and are linked to Metalpha, suggesting an over-the-counter (OTC) sale. Antalpha currently holds 46,348 XAUT, valued at approximately $218 million.
GodFish Reviews Binance Hack Incident: Attackers Conducted Two Rehearsals in Advance and Pre-Established a Transfer List for 64 Types of Tokens
Cobo co-founder Shenyu released a video analyzing the Binance theft from an on-chain transaction perspective. At 4:20 AM, the attacker broadcast a transaction containing 50 authorization requests signed with Binance's hot wallet private key, and began batch-transferring assets approximately three minutes later. Shenyu noted that the attack utilized the EIP-7702 authorization mechanism; the attacker had prepared a transfer list covering 64 tokens in advance and conducted two test runs using a test wallet, with the final run occurring roughly 3.5 hours before the main operation. The attacker subsequently transferred assets through multiple wallets and smart contract wallets, exchanging portions of stablecoins such as USDT for ETH to evade issuer-initiated freezes.
Cobo Wallet to shut down App services on December 1, 2026, with 2% monthly management fee for assets not transferred out after the deadline
Odaily reports: Cobo Wallet has announced that its App services will officially shut down on December 1, 2026. Users must transfer out all assets and update any Cobo Wallet receiving addresses previously set on other platforms before 23:59 on November 30, 2026. For assets not transferred out after the deadline, Cobo will charge a monthly management fee of 2% of the remaining account assets, with a minimum monthly charge equivalent to $100.
Shen Yu: The mining farm's transformer was struck by lightning on the night ZEC mainnet launched, and his personal wallet has not held any ZEC since.
In a post, Cobo co-founder and CEO Shen Yu recalled that ZEC still casts a long shadow over him. When ZEC’s mainnet launched in 2016, BitMEX capped the price at 10 BTC, making it ZEC’s all-time high. He noted that shortly after he began mining on launch night, a transformer at his GPU mining farm was struck by lightning, and since that incident, ZEC has never appeared in his personal wallet again.
Cobo becomes a partner of Hong Kong Cyberport OPC Hub
: The inaugural Web4.0 and Agent Innovation Summit, along with the launch ceremony of OPC Hub, was held at Hong Kong Cyberport. Cobo was officially announced as a partner of OPC Hub, listed alongside Alibaba Cloud, AWS, NVIDIA, Dell, Lenovo, and BytePlus. Cobo will provide blockchain infrastructure support for entrepreneurs within the ecosystem. Its product capabilities cover Agentic Wallet and stablecoin payments (Cobo Payments), enabling developers to build agent-based applications with on-chain payment capabilities.
Cobo Launches Payment Incentive Settlement Layer ACL, Open to Public Blockchains, Stablecoin Issuers, and Payment Institutions
Cobo, a digital asset custody and wallet solutions provider, has launched the Adoption Clearing Layer (ACL), a payment incentive settlement layer open to public blockchains, stablecoin issuers, and payment institutions. Cobo aims to collaborate with more ecosystem partners to jointly build a stablecoin payment network grounded in real-world transactions. The ACL offers multi-chain payment routing and incentive settlement capabilities, directly linking ecosystem incentive budgets to genuine payment transactions—creating a transaction-centric growth loop. Initial ACL partners include Aptos and Morph; through ACL, participants can earn up to 15 basis points (bps) per transaction as commission—boosting authentic on-chain transaction volume for ecosystem participants while delivering sustainable revenue streams for payment institutions.
Related news
GodFish Reviews Binance Hack Incident: Attackers Conducted Two Rehearsals in Advance and Pre-Established a Transfer List for 64 Types of Tokens
Cobo co-founder Shenyu released a video analyzing the Binance theft from an on-chain transaction perspective. At 4:20 AM, the attacker broadcast a transaction containing 50 authorization requests signed with Binance's hot wallet private key, and began batch-transferring assets approximately three minutes later. Shenyu noted that the attack utilized the EIP-7702 authorization mechanism; the attacker had prepared a transfer list covering 64 tokens in advance and conducted two test runs using a test wallet, with the final run occurring roughly 3.5 hours before the main operation. The attacker subsequently transferred assets through multiple wallets and smart contract wallets, exchanging portions of stablecoins such as USDT for ETH to evade issuer-initiated freezes.
Cobo Wallet to shut down App services on December 1, 2026, with 2% monthly management fee for assets not transferred out after the deadline
Odaily reports: Cobo Wallet has announced that its App services will officially shut down on December 1, 2026. Users must transfer out all assets and update any Cobo Wallet receiving addresses previously set on other platforms before 23:59 on November 30, 2026. For assets not transferred out after the deadline, Cobo will charge a monthly management fee of 2% of the remaining account assets, with a minimum monthly charge equivalent to $100.
Shen Yu: The mining farm's transformer was struck by lightning on the night ZEC mainnet launched, and his personal wallet has not held any ZEC since.
In a post, Cobo co-founder and CEO Shen Yu recalled that ZEC still casts a long shadow over him. When ZEC’s mainnet launched in 2016, BitMEX capped the price at 10 BTC, making it ZEC’s all-time high. He noted that shortly after he began mining on launch night, a transformer at his GPU mining farm was struck by lightning, and since that incident, ZEC has never appeared in his personal wallet again.
Cobo becomes a partner of Hong Kong Cyberport OPC Hub
: The inaugural Web4.0 and Agent Innovation Summit, along with the launch ceremony of OPC Hub, was held at Hong Kong Cyberport. Cobo was officially announced as a partner of OPC Hub, listed alongside Alibaba Cloud, AWS, NVIDIA, Dell, Lenovo, and BytePlus. Cobo will provide blockchain infrastructure support for entrepreneurs within the ecosystem. Its product capabilities cover Agentic Wallet and stablecoin payments (Cobo Payments), enabling developers to build agent-based applications with on-chain payment capabilities.
On-chain gold whale Antalpha has added 15,052 XAUT worth $68.03 million over the past 3 months
According to monitoring by Onchain Lens, on-chain gold whale Antalpha (@antalpha_ai, 0x07C...748) has been continuously increasing its XAUT holdings over the past 3 months, accumulating approximately 15,052 XAUT worth about $68.03 million, with transfers coming from Cobo_Global. 7 minutes ago, this wallet received 1,000 XAUT valued at approximately $4.1 million.
Antalpha Deposits Over $9 Million Worth of XAUT into Cobo, Likely Selling via OTC Channel
According to on-chain analyst Onchain Lens (@OnchainLens), Antalpha deposited 1,950 XAUT (worth approximately $9.18 million) into Cobo; the funds were subsequently transferred to Binance and are linked to Metalpha, suggesting an over-the-counter (OTC) sale. Antalpha currently holds 46,348 XAUT, valued at approximately $218 million.