New York, NY, United States, June twenty fifth, 2024, Chainwire
The corporate expands flagship Ethereum mainnet help to accommodate rising consumer adoption of layer 2 blockchains.
Harpie, a blockchain safety suite that protects retail traders and their digital wallets from theft, immediately publicizes the enlargement of their flagship Ethereum pockets safety to incorporate protection for belongings 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 progress 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 consumer adoption of layer 2 blockchains.
Harpie helps customers safeguard their digital wallets towards theft by establishing a “trusted network” of apps and friends with its proprietary on-chain safety algorithm. When a consumer 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 towards a wide range of assaults—comparable to phishing scams, sensible contract hijackings, and personal key theft—in addition to protects towards 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 belongings to this point.
“Before Harpie, consumers had no reliable tools to protect their crypto assets in real time—we as users were on our own to detect and avoid scams. With Harpie, people have the peace of mind to trade and transact with the reassurance that their assets are protected from theft and scams. Expanding to new chains is a simple result of wanting to provide that same peace of mind to users on their preferred L2,” stated Daniel Chong, Co-Founder & CEO of Harpie.
The enlargement comes at a important 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 tendencies are attracting a major inflow of recent and generally inexperienced traders, making sturdy safety measures extra important than ever.
Harpie is dedicated to turning into a cornerstone of blockchain infrastructure. The enlargement of theft safety to incorporate asset protection on Base, Polygon, and Arbitrum is a step towards reaching their mission to eradicate crypto theft globally.
Multichain safety on Harpie is now stay—to be taught extra, customers can go to harpie.io.
About Harpie
Harpie offers crypto merchants the facility to defend themselves towards theft. With their proprietary on-chain safety answer, 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 eradicate 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]