Sui Ecosystem Hardware Wallet Project Suiball Announces Closure and Refund of User Pre-Order Payments

November 11: Sui ecosystem hardware wallet project Suiball has announced it will shut down the project and refund users' pre-order payments. The project had developed a native hardware device for Sui; the device has completed development and entered the manufacturing stage and was originally planned to ship to the first batch of users. However, due to several hardware wallet attack incidents in the industry recently, the Sui Foundation considers the risk of supporting hardware wallet projects to be too high at present and has decided to no longer provide support.

On refunds, on-chain pre-orders account for about 80% and will be airdropped in USDC to wallets holding the soulbound pre-order NFT, requiring no action from users and to be completed within a week; credit card pre-order users will receive an email asking for their Sui wallet address, with refunds airdropped in USDC in a second airdrop round once addresses are collected. The project will officially close after all refunds are completed.