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• Coinbase-backed Web3 enterprise Harpie has introduced a direct shutdown of all providers
• The workforce has cited an unsustainable enterprise mannequin as the rationale for its closure
• Customers are being requested to disconnect wallets and put together for asset migration  

Web3 safety startup Harpie has shut down operations efficient instantly, citing difficulties in constructing a sustainable enterprise. In a sequence of tweets, the corporate thanked customers and warranted them that last obligations, together with giveaways, will nonetheless be honoured. A utility will probably be launched quickly to permit customers to maneuver their vaulted property safely because the Coinbase-backed enterprise winds down.

A Sudden Finish to a Daring Mission

Harpie introduced its determination to fold within the early hours of March 27, stating in an X thread that it had “made the robust determination to close down,” with providers ceasing instantly:

We’ve made the robust determination to close down Harpie. Companies will probably be shut down instantly.

(1/5)

— Harpie (@harpieio) March 27, 2025

Backed by distinguished buyers together with Coinbase Ventures and Dragonfly Capital, Harpie aimed to create a “theft-free crypto ecosystem.” The startup had constructed a popularity for providing real-time pockets safety and transaction monitoring, notably via its Harpie RPC service, which helped intercept suspicious transactions earlier than they have been confirmed.

Based in 2022, Harpie’s core providing was its browser extension and RPC endpoint designed to stop crypto pockets drains and thefts—an more and more widespread menace within the Web3 area. It gained reputation for its proactive safety measures, even incomes reward from safety researchers and Ethereum customers. Nonetheless, regardless of the utility of its instruments, the workforce has admitted that it “couldn’t create a sustainable enterprise mannequin round it.”

Customers Requested to Migrate Funds

In its announcement thread, the Harpie workforce supplied speedy directions for present customers. “In case your transactions are failing, please disconnect your wallets from the Harpie RPC through your pockets’s community switcher,” the corporate posted. A utility will probably be launched on the Harpie web site within the coming days to assist customers transfer any remaining property held in its vaults. Harpie additionally confirmed that “all excellent giveaways round Harpie Season 1/our referral program will nonetheless be honored,” and suggested customers to comply with updates through their Discord.

The workforce added that it was “grateful for everybody that used Harpie” throughout its brief life, including, “We hope that we impressed new firms to take the torch of fixing this drawback.” The shutdown marks the tip of a promising enterprise that highlighted the necessity for wallet-level safety within the DeFi ecosystem. Regardless of its closure, Harpie leaves behind a legacy of innovation—and a problem for the following wave of crypto safety startups.