Suiball, a hardware wallet project built for the Sui blockchain, has announced that it will shut down and refund all pre-orders after the Sui Foundation declined to support the product over security concerns. The decision came just before the first batch of devices was due to ship, following repeated attacks targeting cryptocurrency hardware wallets. Around 80 percent of pre-orders were placed directly on-chain and will receive automatic USDC refunds. Credit card customers will receive separate instructions to complete the process.

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