New York Metropolis, New York, USA, June 25, 2024, Chainwire
The corporate has expanded its flagship 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, as we speak introduced it has expanded its flagship Ethereum pockets safety to additionally embrace safety for belongings on layer-2 blockchains Base, Polygon, and Arbitrum.
Layer 2 market capitalization has surged over 400% up to now 12 months, rising 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 expects this progress to proceed, with a commensurate enhance in theft and crime on Layer 2 networks. In response, the corporate is increasing its safety choices to accommodate elevated person adoption of Layer 2 blockchains.
Harpie helps customers defend their digital wallets from theft by establishing a “trusted community” of apps and friends utilizing a proprietary on-chain safety algorithm. When a person interacts with an deal with outdoors of this trusted community, Harpie flags the interplay as theft and intercepts the switch in actual time earlier than the transaction is finalized on the blockchain.
This protects customers from a wide range of assaults, together with phishing scams, good contract hijacking, and personal key theft, in addition to the affect of human error, similar to copying and pasting the improper recipient deal with or signing a malicious contract. Harpie has protected $5.4 million price of Ethereum belongings up to now.
“Earlier than Harpie, customers didn't have dependable instruments to guard their crypto belongings in actual time. We, as customers, had been on our personal to detect and keep away from fraud. With Harpie, folks can commerce and transact with confidence, realizing that their belongings are shielded from theft and fraud. Our enlargement to new chains is a straightforward results of our need to offer that very same peace of thoughts on the L2 that our customers desire,” mentioned Harpie. Daniel Chong, co-founder and CEO of Harpie.
This enlargement comes at a crucial time when the cryptocurrency market is booming, with bullish sentiment fuelled by the current ETH ETF approval and the explosive reputation of meme cash. These tendencies have led to an enormous inflow of latest and inexperienced buyers, making sturdy safety measures extra necessary than ever.
Harpie is dedicated to being a cornerstone of blockchain infrastructure, and increasing theft prevention to guard belongings at Base, Polygon, and Arbitrum is one other step in the direction of reaching our mission of eradicating cryptocurrency theft on a worldwide scale.
Harpie multi-chain safety is now obtainable, go to harpie.io for extra info.
About Harpy
Harpie empowers crypto merchants to guard themselves from theft. With a proprietary on-chain safety answer, Harpie screens and blocks malicious transactions to guard wallets in real-time earlier than they’re confirmed on-chain. Harpie simplifies crypto safety with an intuitive, complete platform, enabling customers of all expertise ranges to remove the specter of blockchain-based theft. Harpie launched in September 2022 and is backed by main Web3 firms together with Dragonfly Capital, Coinbase (NASDAQ:) Ventures and OpenSea.
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contactHead of Advertising and marketingAsh HoweHarpie[email protected]
This text was first revealed on Chainwire
