CoinPouch

CoinPouch operates as a digital wallet service focused on the Verge cryptocurrency, providing users with a platform to store, send, and receive Verge coins. The company is headquartered in the United States of America. Its core product is a software wallet that interfaces with the Verge blockchain to manage user funds. The service targets individuals and entities that hold or transact in Verge, serving a niche within the broader cryptocurrency market. No further details about its user base or geographic reach are provided in the source material.

CoinPouch is noted for its specialization in Verge wallet solutions, which positioned it as a service provider within the Verge ecosystem. The November 9, 2017 security incident, in which over $655,000 worth of Verge (126 million coins) were stolen from its wallet, highlighted challenges in securing third‑party integrations and node infrastructure. Both CoinPouch and the Verge project acknowledged the breach but disagreed on its origin, with the wallet service citing a compromised node and the project pointing to inadequate security practices. Independent auditors later characterized the breach as a third‑party security failure, marking it as the second major cryptocurrency wallet compromise observed within a short period. No information on ownership, parent, or subsidiary relationships is available in the provided sources.