As of yesterday, users using a Coinbase Wallet can now back up an encrypted version of their private keys to their personal cloud storage account. These accounts include either iCloud or Google Drive. Coinbase released this announcement via its personal blog yesterday.

Coinbase Wallet Upgrades

🔐☁️ Introducing Cloud Backup for your private keys on Coinbase Wallet!

Backup to your personal iCloud or Google Drive, and explore the open financial system with peace of mind. https://t.co/6uaHT8AZky

— Coinbase Wallet (@CoinbaseWallet) February 12, 2019

This new feature is making many ...