Phantom’s plan to drop Sui exposes the hidden power wallet interfaces hold over user funds

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Phantom will end Sui support on Sept. 24, removing balance displays, swaps, sends and dapp connections from its interface. Sui assets will remain onchain and users can access them through compatible wallets like Slush or by connecting a Ledger. The decision highlights the distribution power that wallet interfaces hold over blockchain access, even without custody of user funds. Neither Phantom nor Sui have disclosed the reason for ending support or the number of affected users. Sui is down 6.10% over the past 24 hours and currently ranks 28th by market cap.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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