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Sui co-founder launches $10 quantum-safe hardware wallets to prevent crypto thefts.

Protocol Fundamentals
11 Aug 2026
Bitcoin
View Source
Bullish
Sui co-founder launches $10 quantum-safe hardware wallets to prevent crypto thefts.

Kostas Chalkias, co-founder of Mysten Labs behind the Sui blockchain, has leased a factory to mass-produce affordable quantum-resistant hardware wallet cards priced under $10. This initiative aims to protect users from cryptographic vulnerabilities highlighted by a recent Coldcard wallet flaw that led to $130 million in bitcoin losses. The quantum-safe cards use NFC for quick authentication and are part of Sui's broader plan to integrate quantum-resistant signature schemes approved by NIST, allowing existing users to upgrade without migrating wallets. Chalkias is personally invested in this project and may subsidize cards for users who can't afford them, emphasizing security against future quantum threats.

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