Cyber Network is urging all users to withdraw their assets from CyberWallet and Passkey Wallet by August 15, 2026, at the latest. The move comes as the project decides to sunset its two core digital wallet services. Active users must act quickly, as the deadline is only weeks away and the risk of losing access to stored funds is very real.
Cyber Network, also known as BuildOnCyber, has built its reputation as an infrastructure layer for the Web3 ecosystem, particularly in the social and gaming sectors. However, shutting down its wallet products marks a major strategic shift. The company is repositioning itself, exiting the retail consumer market previously served by its digital wallets to venture into B2B infrastructure.
Its new focus is directed entirely toward developing artificial intelligence-powered crypto infrastructure. As part of this maneuver, Cyber is preparing a new product called Surf, designed to support the AI ecosystem. This pivot also marks the end of its involvement in the consumer crypto wallet business.
Not the First Project to Pivot
BuildOnCyber’s move to step away from its core business in favor of artificial intelligence is part of a broader trend across the crypto ecosystem. Several projects previously rooted in digital wallets and gaming have begun pivoting en masse toward AI.
In a direct comparison, the YGG Play project recently took a similar route, abandoning its traditional gaming business model to rebrand as an AI data service provider. This phenomenon indicates that AI infrastructure narratives are now seen as more promising by many developers, prompting them to revamp their business models to capture new opportunities.
Signals from the Community, Minimal Formal Confirmation
One notable aspect is how news of the shutdown circulated. To date, the sunset decision has not been confirmed through a formal press release or detailed announcement from Cyber Network. The news was first highlighted by community reports and logged on CoinMarketCap’s calendar.
The primary trail for the withdrawal instruction originated from a post by the @BuildOnCyber account on X. Despite lacking the technical details that typically accompany service closures of this scale, the core message cannot be overlooked. This lack of formal clarity demands that users proactively manage their assets before the system officially shuts down.
Don’t Wait Until the Last Minute
For users of CyberWallet and Passkey Wallet, this warning leaves little room for procrastination. Less than a month is a narrow transition window to transfer all assets. Moving crypto to another platform or cold storage is currently the safest option.
One thing is certain: delaying until August 14 will only increase the risk. As the company focuses on restructuring its infrastructure into a B2B AI platform, security and seamless access for legacy consumer wallets are no longer top priorities. Your funds are your own responsibility. Reported via CoinMarketCap Calendar.
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
