New York, NY, United States, June 25, 2024, Chainwire
The corporate is increasing assist for its flagship mainnet to accommodate the rising adoption of Layer 2 blockchains by customers.
Harpie, the blockchain safety suite that protects retail buyers and their digital wallets from theft, at present introduced the growth 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% previously 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 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 functions and friends with its personal on-chain safety algorithm. When a consumer interacts with an tackle exterior 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—corresponding to phishing scams, good contract hijacking, and personal key theft—in addition to the results of human error, corresponding to copying and pasting the mistaken recipient tackle or signing a malicious contract. Harpie has protected $5.4 million value of Ethereum property to date.
“Earlier than Harpie, customers had no dependable instruments to guard their crypto property in actual time – we as customers have 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 reassurance that their property are shielded from theft and fraud. Increasing to new strings is an easy results of making an attempt to present customers the identical peace of thoughts on their most popular L2,” he mentioned Daniel Chong, Co-Founder and CEO of Harpie.
The growth comes at a essential time when the crypto market is buzzing with exercise resulting from bullish sentiment brought on by the current approval of the ETH ETF and the explosive reputation of meme cash. These developments are attracting a big inflow of recent and generally inexperienced buyers, making strong safety measures extra essential than ever.
Harpie is dedicated to turning into the cornerstone of blockchain infrastructure. The growth of anti-theft safety to incorporate asset protection on Base, Polygon and Arbitrum is a step in direction of reaching their mission to get rid of international cryptocurrency theft.
Multi-chain safety on Harpie is now lively – customers can be taught 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 get rid of the specter of blockchain-based theft. Launched in September 2022, Harpie is backed by main Web3 names together with Dragonfly Capital, Coinbase (NASDAQ:) Ventures and OpenSea.
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ContactHead of AdvertisingAsh HoweHarpymedia@harpie.io
This text was initially printed on Chainwire
