Web3 Security Firm Harpie Closes Its Doors, Citing Unviable Business Model
Harpie, a Web3 security platform backed by Coinbase and OpenSea, announced its closure on March 27 due to an unsustainable business model.
Known for its on-chain firewall technology that helped prevent hacks and recover stolen assets. Harpie struggled to maintain viability in the competitive Web3 space. Despite its innovative approach to securing digital wallets. The platform couldn’t secure enough traction to continue operations.
Harpie expressed hopes its work would inspire future efforts to tackle crypto theft and assured users with pending giveaways that commitments would be honored.
Clever Robot News Desk 30th March 2025
