Harpie will quickly shut down services, citing the lack of a robust business model. Web3 Security Tools was an on-chain firewall project that provided tools for exploits.
Harpie, a web3 tool for Exploits, has announced that it will shut down its services soon. As Web3 wallets were subjected to increasingly sophisticated attacks, the product protected the wallet from malicious interactions.
Harpie has shut down access to the site using a message about aborting the operation.
“We tried to create a theft-free crypto ecosystem, but unfortunately we were unable to create a sustainable business model around it. We hope that we have created influence and encouraged new businesses to take that torch and solve this tough problem. ” I explained the team for the project.
Harpies provided an on-chain firewall to prevent fraud and theft. The service monitored transactions of potential attack vectors and safely moved funds before reaching the attacker’s wallet.
Shutting down the project surprised the community as Harpie was considered one of the most useful projects for Web3.
Damn Brothers – I hate hearing it. One of the products I felt had a true win-win setup, but few people seemed to understand the benefits.
– Bread | ∑ : (@0xBreadGuy) March 27, 2025
Previously, Safe Wallet offered similar services to screen bad addresses, but it turns out to be insufficient in the case Bybit Hack.
Users have prompted to remove Harpie from all Web3 wallets
A former Harpy user may see a transaction failing. The team warned users to manually disconnect their wallet from service. In the coming days, Web3 Security Tool will provide its website with a withdrawal service for the remaining arched assets. Influencers who promoted their services on social media are now caveat Audiences to remove tools from any Web3 wallet.
The rapid closure of Harpy surprised the crypto community as the project and its airdrop season were active to the end. Harpies were in the middle of the Points farming period, and users scanned their wallets for threats. The project also ran an influencer campaign and referral program.
Before you finally shut down, Harpie will distribute all Airdrop Awards and bonuses from the referral program. As this is a tokenless protocol, no assets were affected by the shutdown.
Harpie, launched at Bear Market in 2022, aims to provide utility for Web3 services. The project was able to raise $4.5 million with support from Coinbase Ventures, Dragonfly Capital and Opensea Ventures.
After shutdown, Space is considering alternative tools Wallet protection. These include Goplus Security and Kerberus sentinel3. Former Harpy user Claim The app has flagged a wide list of threats that even OKX Web3 wallets and rabbies cannot intercept.
There is still a demand for wallet protection, as robbers target individual addresses with malicious links. Blacklists and warnings are key to preventing Web3 scams and phishing.
Cryptocurrency projects are also facing extinction
Harpie removal matches the two more projects’ activities together. Vite Labs and Linear Finance have announced that they will also abandon support and shutdown services after the assets are delisted from Binance.
Shutting down these services occurs when some projects continue to last, despite the lack of viable products. meanwhilepreviously a few hot products have stopped working completely. These include multiple Web3 games and SocialFi products like Friend.tech. Some NFT markets did not survive the bearish era of 2022-2023.
Just a few days ago, the Moccosi nft project announcement The user is shut down due to insufficient interest. However, Harpy Services was widely used and applicable. This is because users still collect mining points in the past few days.
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