New York, NY, United States, June 25, 2024, Chainwire
The corporate is increasing core Ethereum community assist to accommodate the rising consumer adoption of Layer 2 blockchains.
Harpie, the blockchain safety suite that protects retail traders and their digital wallets from theft, right now introduced the enlargement of its flagship Ethereum pockets safety to incorporate asset protection on the Base, Polygon and Arbitrum layer 2 blockchains.
Layer 2's market cap has grown by greater than 400% up 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 supply decrease transaction charges than the Ethereum mainnet. Harpie anticipates a continuation of this development and a commensurate enhance in theft and crime on Layer 2 networks. In response, the corporate is increasing its safety providing to accommodate the rising adoption of Layer 2 blockchains by customers.
Harpie helps customers shield their digital wallets from theft by making a “trusted community” of purposes and friends with its personal on-chain safety algorithm. When a consumer interacts with an deal with outdoors of this trusted community, Harpie flags that interplay as theft and captures the transmission in actual time earlier than the transaction is accomplished on the blockchain.
This response protects customers from varied assaults—akin to phishing scams, sensible contract hijacking, and personal key theft—in addition to the implications of human error, akin to copying and pasting the unsuitable recipient deal with or signing a malicious contract. Harpie has protected $5.4 million value of Ethereum belongings to date.
“Earlier than Harpie, customers had no 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 have the peace of thoughts to commerce and transact with the peace of mind that their belongings are protected against theft and fraud. Increasing to new strings is an easy results of making an attempt to offer customers the identical peace of thoughts on their most popular L2,” he mentioned Daniel Chong, Co-Founder and CEO of Harpie.
The enlargement comes at a important time when the crypto market is buzzing with exercise as a result of bullish sentiment brought on by the latest approval of the ETH ETF and the explosive recognition of meme cash. These traits are attracting a major inflow of latest and generally inexperienced traders, making sturdy safety measures extra necessary than ever.
Harpie is dedicated to changing into the cornerstone of blockchain infrastructure. The enlargement of anti-theft safety to incorporate asset protection on Base, Polygon and Arbitrum is a step in the direction of reaching their mission to eradicate world cryptocurrency theft.
Multi-chain safety on Harpie is now energetic – customers can study extra at harpie.io.
Concerning the Harpies
Harpie offers crypto retailers the facility to defend towards theft. With its proprietary 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 cryptocurrency safety with an intuitive and holistic platform that helps customers of all expertise ranges eradicate the specter of blockchain-based theft. Launched in September 2022, Harpie is backed by main Web3 names together with Dragonfly Capital, Coinbase Ventures and OpenSea.
Contact
Head of Advertising and marketing
Ash Howe
Harpy
(e-mail protected)
