New York, NY, USA, June 25, 2024 Chainwire
The corporate is increasing assist for Ethereum’s flagship mainnet to satisfy the rising person adoption of Layer 2 blockchains.
Harpie, the blockchain safety suite that protects retail buyers and their digital wallets from theft, at the moment pronounces the growth of its flagship Ethereum pockets to incorporate protection for property on Degree 2 of the Base, Polygon and Arbitrum blockchains.
Tier 2’s market cap has grown greater than 400% prior to now 12 months — 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 the Ethereum mainnet. Harpie expects this development to proceed and a commensurate improve in theft and crime in Tier 2 networks. In response, the corporate is increasing its safety choices to accommodate the rising person adoption of Layer 2 blockchains.
Harpie helps customers shield their digital wallets from theft by making a “trusted community” of purposes and friends with a proprietary on-chain safety algorithm. If a person interacts with an tackle exterior of this trusted community, Harpie flags that interplay as theft and intercepts the switch in real-time till the transaction is accomplished on the blockchain.
This response protects customers from numerous assaults similar to phishing, good contract and personal key hijacking, and in addition protects in opposition to the results of human error, similar to copying and pasting the improper recipient tackle or signing a malicious contract. Up to now, Harpie has secured $5.4 million value of Ethereum property.
“Earlier than Harpie, shoppers did not have dependable instruments to guard their crypto-assets in real-time — we, the customers, detected and prevented fraud ourselves. With Harpie, folks can commerce and transact with peace of thoughts realizing their property are shielded from theft and fraud. Increasing to new chains is an easy results of wanting to supply the identical peace of thoughts for customers on their most popular L2,” stated. Daniel Chong, Co-Founder and CEO of Harpie.
The growth comes at a vital time when the crypto market is buzzing with bullish sentiment fueled by current ETH ETF approvals and the explosive recognition of meme cash. These traits are attracting a big inflow of latest and generally inexperienced buyers, making sturdy safety measures extra necessary than ever.
Harpie goals to turn into the cornerstone of blockchain infrastructure. The growth of theft safety to incorporate asset protection on Base, Polygon and Arbitrum is a step in the direction of reaching their mission to eradicate crypto theft worldwide.
Multi-chain safety is already dwell on Harpie — to be taught extra, customers can go to harpie.io.
In regards to the Harpy
Harpie provides crypto merchants a approach to shield themselves from theft. With its personal on-chain safety resolution, Harpie protects wallets in real-time by monitoring and blocking malicious transactions earlier than they’re confirmed 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 was launched in September 2022 and is backed by main Web3 corporations together with Dragonfly Capital, Coinbase Ventures and OpenSea.
Contact
Head of Advertising Division
Ash Howe
Harpy
[email protected]