Cyber’s wallet shutdown deadline arrives with assets still on-chain
Cyber said CyberWallet and Passkey Wallet would go offline on Aug. 15, leaving users who miss the deadline to recover funds through direct smart-contract interaction.
By The Third AnglePublished 3 min read
Cyber branding artwork, used as the company reaches the announced shutdown deadline for its two consumer wallet interfaces. Photo: Cyber · Publisher-supplied press artwork
Cyber’s announced deadline for withdrawing assets from CyberWallet and Cyber Passkey Wallet arrives Aug. 15, after which the company says both wallet interfaces will go offline. The tokens themselves remain on-chain, but Cyber warns that users who miss the cutoff will need to interact directly with the underlying smart contracts to recover them.
The shutdown was announced in February as part of Cyber’s decision to concentrate on its Ethereum layer-2 network and Surf, its crypto-focused data and AI product. Cyber said new wallet creation had already been disabled, while CyberWallet deposits and swaps were turned off. The remaining supported path was withdrawal to a signer or external wallet.
The interface is going away, not the ledger
That distinction matters for users. CyberWallet and Passkey Wallet used smart-account and gasless-transaction features to abstract some of the mechanics of moving tokens. Once the interfaces disappear, the assets are not automatically erased or transferred, but the familiar route for reaching them is gone. Cyber’s notice does not provide a general recovery service after the deadline.
Cyber said standard token withdrawals, including USDT, USDC and OP, were supported before the shutdown. Passkey Wallet users were told to transfer balances to an external wallet and confirm that the accounts were empty. The company’s guidance is operational rather than custodial: users must complete the move themselves before access changes.
One unresolved balance exception
Cyber identified a separate problem for SmartGas deposits in CyberWallet. Those balances could not be withdrawn through the normal flow, so the company offered affected users complimentary Surf subscription coupons instead. The notice does not describe a cash or token reimbursement for those deposits.
Cyber’s next phase is centered on the Cyber Network and Surf, but the shutdown notice does not disclose how many wallets remain active, how much value is still held through the interfaces or how many users have completed withdrawals. Those figures will determine whether the retirement is a contained product cleanup or a wider loss of access for the ecosystem.