New York, NY, United States, June twenty fifth, 2024, Chainwire
The corporate expands flagship mainnet help 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 provide 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 person adoption of layer 2 blockchains.
Harpie helps customers safeguard their digital wallets towards theft by establishing a “trusted community” of apps and friends with its proprietary on-chain safety algorithm. When a person interacts with an tackle 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—equivalent 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 mistaken recipient tackle or signing a malicious contract. Harpie has protected $5.4 million in Ethereum property so far.
“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 protected against theft and scams. Increasing to new chains is an easy results of wanting to supply 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 essential 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 tendencies are attracting a major inflow of recent and typically inexperienced buyers, making strong safety measures extra important than ever.
Harpie is dedicated to changing 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 get rid of crypto theft globally.
Multichain safety on Harpie is now reside—to be taught extra, customers can go to harpie.io.
About Harpie
Harpie provides 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 verify on chain. Harpie simplifies crypto safety with an intuitive and holistic platform, serving to customers of all expertise ranges get rid of the specter of blockchain-based theft. Harpie launched in September 2022 and is backed by main Web3 names together with Dragonfly Capital, Coinbase (NASDAQ:) Ventures, and OpenSea.
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ContactHead of Advertising and marketingAsh HoweHarpiemedia@harpie.io
This text was initially revealed on Chainwire
