SUI Coin Daily Briefing: November 12, 2026 News and Dynamics
In the past 24 hours, most of the SUI-related news has been centered around hardware wallet projects. Suiet wallet's support services will end after November 14, while the SUI ecosystem hardware wallet project, Suiball, has announced it will cease operations and refund all pre-purchase payments in USDC. These developments reflect the dynamic changes in the SUI ecosystem within the hardware wallet sector.
SUI Coin News Summary on November 12, 2026
- [11-11 15:20] Sui Announces End of Support for Suiet Wallet After November 14 (Wu Say)
Wu Say reports that Sui has announced that support for the Suiet wallet will end after November 14. Suiet users are advised to immediately back up the mnemonic phrase or private key for each account. User assets remain on the Sui network and can be imported into other Sui wallets to continue usage.
- [11-11 14:47] Is Your Altcoin on the List? Crypto Exchange Gemini Names 2026’s 10 Biggest Losers (BeInCrypto)
Crypto exchange Gemini has listed the 10 biggest altcoin losers of 2026, including major names such as Cardano, XRP, and Dogecoin, all of which have seen sharp declines. Their steep drops reveal the weakness in liquidity.
- [11-11 05:32] Sui Hardware Wallet Suiball Announces Shutdown and USDC Refunds for Pre-Purchases (Odaily)
Odaily reports that the Sui hardware wallet project Suiball has announced its shutdown and will refund all pre-purchase payments in USDC. Suiball stated that the Sui Foundation decided not to support the project following a wave of hardware wallet attacks, citing high project risks.
- [11-11 02:02] Sui Ecosystem Hardware Wallet Project Suiball to Close and Refund Pre-Purchases (Odaily)
Odaily reports that the Sui ecosystem hardware wallet project Suiball will close and refund pre-purchase payments. The project had developed a native hardware device for Sui, which was in the manufacturing phase and originally planned for shipment to early users. Due to recent hardware wallet attacks in the industry, the Sui Foundation deemed the risk of supporting hardware wallet projects too high and decided not to support the project. Approximately 80% of pre-purchase orders were completed on-chain, with refunds expected to be sent as USDC to wallets holding soul-bound pre-purchase NFTs within a week. Credit card pre-purchase users will need to provide Suiball with relevant information.
- [11-11 01:52] Sui Ecosystem Hardware Wallet Project Suiball Announces Shutdown and Refunds for Pre-Purchases (Wu Say)
Wu Say reports that the Sui ecosystem hardware wallet project Suiball has announced its shutdown and will refund all pre-purchase payments. Suiball stated that its hardware device was completed and in the manufacturing phase, originally planned for shipment to early users. Due to recent hardware wallet attacks in the industry, the Sui Foundation deemed the risk of supporting hardware wallet projects too high and decided not to support the project. Approximately 80% of pre-purchase orders were completed on-chain, with refunds expected to be sent as USDC to wallets holding soul-bound pre-purchase NFTs within a week. Credit card pre-purchase users will need to provide Suiball with relevant information.