Cryptocurrency users and business figures alike are reacting with suspicion to a bizarre new security feature unveiled by US exchange Coinbase this week. Back Up Your Funds With ‘Just A Password’ In a blog post February 12, Coinbase announced traders and wallet holders could now store a back-up of their private keys using iCloud or on Google Drive. “You will only have to remember a password, that you decide, in order to recover your funds,”Read MoreThe post Coinbase Cloud Storage For Private Keys Generates Wide-Scale Backlash appeared first on Bitcoinist.com.
