New York, NY, United States, June twenty fifth, 2024, Chainwire
The corporate expands flagship Ethereum mainnet help to accommodate rising person adoption of layer 2 blockchains.
Harpie, a blockchain safety suite that protects retail traders and their digital wallets from theft, at this time proclaims 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 provide 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 exterior 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 quite a lot of assaults—comparable 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 fallacious 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 had been on our personal to detect and keep away from scams. With Harpie, individuals have the peace of thoughts to commerce and transact with the reassurance that their property are shielded from 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 well-liked L2,” stated Daniel Chong, Co-Founder & CEO of Harpie.
The growth comes at a vital time when the crypto market is buzzing with exercise, because of the bullish sentiments pushed by the latest ETH ETF approvals and the explosive recognition of meme cash. These traits are attracting a major inflow of latest and typically inexperienced traders, 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 attaining their mission to remove crypto theft globally.
Multichain safety on Harpie is now dwell—to study extra, customers can go to harpie.io.
About Harpie
Harpie offers 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 verify 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]
