Sui Hardware Wallet Suiball Shuts Down, Announces Refunds After Security Concerns
12 Articles
12 Articles
Sui hardware wallet Suiball shuts down, announces refunds after security concerns
Sui-native hardware wallet project Suiball has announced it will shut down and refund all pre-order customers after the Sui Foundation reportedly decided that supporting the project carried too much security risk. In a Nov. 11 announcement on X, the team…
Suiball Hardware Wallet shuts down - CoinCodeCap
Suiball, the hardware wallet designed specifically for the Sui blockchain, announced its closure on November 11, adding that the on-chain pre-orders will be refunded in USDC within a week. This comes a month after Suiball paused shipments in an effort to undergo additional security audits recommended by Mysten Labs and Sui Network teams. Explaining the […]
Key points of the news: The SuiBall native hardware wallet project cancelled its operations after the withdrawal of financial and technical support from the Sui Foundation. The physical units were already fully developed and assembled before the delivery brake was ordered. 80% of the buyers made their purchase ... Read more
Suiball Cancels Hardware Wallet Launch and Refunds Preorders in USDC After Security Review
Key Takeaways: Suiball is shutting down, yet its initial batch of hardware wallets has yet to reach its customers. Approximately 80% of the pre-orders were made onchain and a percentage
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