When you hear that a wallet in an ecosystem is shutting down, it’s easy to think your coins have been taken too.
At 22:41 Beijing time on November 11, Sui officially announced that support for the Suiet wallet would end after November 14. Suiet is a self-custody wallet on the Sui blockchain, meaning users hold their own keys. The announcement also shared a notice from the Suiet team: its service will remain available through the 14th to give users time to migrate. After that, the wallet may not reliably display balances, initiate transfers, or connect to apps. But assets will remain on the Sui blockchain; shutting down the wallet will not move or delete them. The official notice also advises users to back up each account’s recovery phrase or private key, then import it into another compatible Sui wallet. Don’t share this information with anyone.
Some people have read this as a sign that everyone is pulling out of Sui. The key is to distinguish between the wallet software and its interfaces being discontinued, and the blockchain itself or the assets at those addresses. The former is happening, not the latter.
There are only two days left until the 14th. Anyone still using Suiet should back up their information while the service is available and confirm that the same address can be opened in another compatible wallet. If the official service is shut down earlier, or remains available after the deadline, go by the actual situation at the time.
$SUI
#SUI #Sui #cryptocurrency
At 22:41 Beijing time on November 11, Sui officially announced that support for the Suiet wallet would end after November 14. Suiet is a self-custody wallet on the Sui blockchain, meaning users hold their own keys. The announcement also shared a notice from the Suiet team: its service will remain available through the 14th to give users time to migrate. After that, the wallet may not reliably display balances, initiate transfers, or connect to apps. But assets will remain on the Sui blockchain; shutting down the wallet will not move or delete them. The official notice also advises users to back up each account’s recovery phrase or private key, then import it into another compatible Sui wallet. Don’t share this information with anyone.
Some people have read this as a sign that everyone is pulling out of Sui. The key is to distinguish between the wallet software and its interfaces being discontinued, and the blockchain itself or the assets at those addresses. The former is happening, not the latter.
There are only two days left until the 14th. Anyone still using Suiet should back up their information while the service is available and confirm that the same address can be opened in another compatible wallet. If the official service is shut down earlier, or remains available after the deadline, go by the actual situation at the time.
$SUI
#SUI #Sui #cryptocurrency
