The self-custodial Suiet wallet will cease operations in November as the Sui blockchain's decentralized finance sector experiences a significant drop in total value locked.
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The self-custodial Suiet wallet will cease operations in November as the Sui blockchain's decentralized finance sector experiences a significant drop in total value locked.
The shutdown of Suiet wallet amid declining Sui DeFi activity highlights potential instability and user migration challenges within the ecosystem. The post Suiet wallet to shut down as Sui DeFi activity cools appeared first on Crypto Briefing. The self-custodial wallet will keep its API services running through Nov. 14.
Sui’s DeFi total value locked has fallen more than 22% over the past month.
Crypto Briefing reported the story as "Suiet wallet to shut down as Sui DeFi activity cools."
2 sources have covered this story, including Crypto Briefing and Cointelegraph. The earliest reporting in the cluster landed about 1 hour ago.
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- FirstCointelegraphNov 11, 6:18 PM ET · United StatesCenter
- +11mCrypto BriefingNov 11, 6:29 PM ET · United StatesCenter
Claim ledger
[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.