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Suiet wallet to shut down as Sui DeFi activity cools

Crypto Briefing ·

The shutdown of Suiet wallet amid declining Sui DeFi activity highlights potential instability and user migration challenges within the ecosystem.

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First reported by Cointelegraph at · 2 outlets in all

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  1. Crypto BriefingSuiet wallet to shut down as Sui DeFi activity coolsThe shutdown of Suiet wallet amid declining Sui DeFi activity highlights potential instability and user migration challenges within the ecosystem.
  2. CointelegraphSuiet wallet to shut down in latest exit from Sui ecosystemThe 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.