Crypto Safety Software Harpie Expands Theft Safety to Three New Blockchains

New York, NY, United States, June twenty fifth, 2024, Chainwire

The corporate expands flagship Ethereum mainnet assist to accommodate rising person adoption of layer 2 blockchains.

Harpie, a blockchain safety suite that protects retail buyers and their digital wallets from theft, in the present day declares the growth of their flagship Ethereum pockets safety to incorporate protection for property on layer 2 blockchains Base, Polygon, and Arbitrum.

Layer 2 market capitalization has surged greater than 400% within the final 12 months—up from $11 billion in June 2023 to $47 billion in June 2024—pushed by market demand for extra scalable blockchain options that supply decrease transaction charges than Ethereum mainnet. Harpie anticipates a continuation of this development and, in proportion, a rise in theft and crime on layer 2 networks. In response, the corporate is increasing its safety providing to accommodate rising person adoption of layer 2 blockchains.

Harpie helps customers safeguard their digital wallets in opposition to theft by establishing a “trusted community” of apps and friends with its proprietary on-chain safety algorithm. When a person interacts with an deal with outdoors of this trusted community, Harpie flags this interplay as theft and intercepts the switch in real-time earlier than the transaction finalizes on the blockchain.

This response secures customers in opposition to a wide range of assaults—equivalent to phishing scams, good contract hijackings, and personal key theft—in addition to protects in opposition to the repercussions of human error, like copying and pasting the flawed recipient deal with or signing a malicious contract. Harpie has protected $5.4 million in Ethereum property to this point.

“Earlier than Harpie, shoppers had no dependable instruments to guard their crypto property in actual time—we as customers have been on our personal to detect and keep away from scams. With Harpie, folks have the peace of thoughts to commerce and transact with the reassurance that their property are protected against theft and scams. Increasing to new chains is an easy results of wanting to offer that very same peace of thoughts to customers on their most popular L2,” mentioned Daniel Chong, Co-Founder & CEO of Harpie.

The growth comes at a vital time when the crypto market is buzzing with exercise, as a result of bullish sentiments pushed by the latest ETH ETF approvals and the explosive reputation of meme cash. These traits are attracting a major inflow of latest and generally inexperienced buyers, making sturdy safety measures extra important than ever.

Harpie is dedicated to turning into a cornerstone of blockchain infrastructure. The growth of theft safety to incorporate asset protection on Base, Polygon, and Arbitrum is a step towards reaching their mission to remove crypto theft globally.

Multichain safety on Harpie is now reside—to study extra, customers can go to harpie.io.

About Harpie

Harpie provides crypto merchants the facility to defend themselves in opposition to theft. With their proprietary on-chain safety resolution, Harpie safeguards wallets in actual time by monitoring for and blocking malicious transactions earlier than they affirm on chain. Harpie simplifies crypto safety with an intuitive and holistic platform, serving to customers of all expertise ranges remove the specter of blockchain-based theft. Harpie launched in September 2022 and is backed by main Web3 names together with Dragonfly Capital, Coinbase Ventures, and OpenSea.

Contact

Head of Advertising and marketing
Ash Howe
Harpie
[email protected]