Harpie
Defunct2 known investors
The page presents ORA78, an online gaming platform that describes using blockchain-based digital protection for account security, transaction records, and activity verification.
Also known as Harpie Β· harpieio
Founders & leadership
Investors Β· 2
Also in the syndicate Β· 1
Company profile
researched Aug 2026Harpie operated an on-chain firewall for cryptocurrency wallets, aimed at preventing theft from hacks, phishing scams and smart contract exploits. The product monitored transactions in real time and sought to detect and block potentially malicious transfers before they were completed, supported by email notifications alerting users to suspicious activity [2][4][6]. It supported EVM wallets across chains including Ethereum, Arbitrum, Base and Polygon [2].
Core features included daily wallet security scans, transaction monitoring, fraud prevention and a two-factor authentication mechanism for blockchain transactions implemented through a dedicated Harpie RPC endpoint that users added to their wallets (e.g. MetaMask) as a custom RPC [2]. Assets identified as at risk could be moved into a Harpie vault; after the shutdown the company said it would publish a utility on its website allowing users to transfer vaulted assets, and instructed users to remove the Harpie RPC from their network switchers to avoid failed transactions [4][6]. The company maintained public GitHub repositories for contracts, documentation (Docusaurus), branding assets and a parking page under the Harpieio organization, with the most recent activity recorded in July 2024 [1].
Business model
Harpie sold wallet-protection services to individual crypto holders. It initially charged a 7% fee on assets it recovered for users, then moved to a fixed fee of 0.01 ETH per recovered asset. Neither model produced sufficient sustained revenue, which the company cited as the reason for ceasing operations [4].
Fee taken on recovered/protected assets: originally 7% of the recovered asset value, later a flat 0.01 ETH per recovered asset [4].
Traction
Harpie ran a referral and points program and a "Season 1" giveaway campaign; outstanding rewards from these were to be honored after the shutdown. No user or revenue figures are disclosed in the sources [2][4][6].
Latest developments
On 27 March 2025 Harpie announced on X that it was shutting down, with services discontinued immediately. It advised users to disconnect from the Harpie RPC, said it would ship a utility to let users withdraw vaulted assets, and committed to honoring outstanding Season 1 and referral rewards [4][6][7].
βΈFull profile β market position, technology, go-to-market, history, risks & controversies
Market position
Positioned as a wallet-security provider in the Web3 security segment. Coverage of its closure framed it as an example of the difficulty Web3 security startups face in monetizing on-chain protection, given user preference for self-custody without third-party security providers and competition from larger firms [4].
Technology
A transaction-monitoring system operating as an on-chain firewall, using a specialized RPC network to insert two-factor authentication into blockchain transactions and email alerts for suspicious activity, plus wallet security scanning across EVM chains (Ethereum, Arbitrum, Base, Polygon). Smart contracts and documentation were published in public GitHub repositories [1][2][4][6].
Go-to-market
Direct self-serve onboarding via the Harpie website by connecting an EVM wallet, supplemented by a points/rewards program granting points for onboarding scans, daily security scans, enabling Harpie 2FA, linking an X account, and referrals; points were redeemable for rewards such as event access and merchandise, with a possible future token distribution unconfirmed by the company. Community channels included X and Discord [2].
Retail holders of crypto assets in self-custody EVM wallets seeking protection against wallet drains, phishing and scam transactions [2][4].
History
Harpie raised venture funding in 2022 led by Dragonfly Capital and operated a wallet-security service, including a points program, before announcing its shutdown on 27 March 2025 [2][4][6]. Public code repositories were last updated between 2022 and July 2024 [1].
Risks & controversies
The company failed to reach financial viability despite venture backing, and shut down abruptly with services terminated immediately, leaving users to retrieve vaulted assets through a utility that had not yet been released at the time of the announcement [4][6]. The domain harpie.io as fetched today serves unrelated Indonesian-language content for a gaming site ("ORA78"), indicating the original site is no longer operating [0].
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 3
launches, deals, and filingsHarpie said via an X thread that it had decided to shut down and that services were being discontinued immediately, citing an inability to build a sustainable business model. Users were told to disconnect the Harpie RPC from their wallet network switchers; the company said it would release a utility to transfer vaulted assets and would honor outstanding Season 1 and referral program rewards.
Harpie introduced a points program rewarding users for security activity: 250 points for the first and each daily wallet scan, 200 points per transaction using Harpie 2FA, 1,500 points for linking an X account, and 2,500 points each for referrer and referee. Points were redeemable for randomized rewards; no token airdrop was confirmed by the company.
Harpie raised $4.5 million in a seed round led by Dragonfly Capital, with backing also reported from Coinbase Ventures and OpenSea.
$4.5M source β
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 8
primary sources listed
- Harpieharpie.io Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Harpie do?
- Harpie was a crypto wallet-security firewall that blocked malicious transactions on-chain; it shut down in March 2025.
- Who founded Harpie?
- Harpie was founded by Daniel Chong.
- Who are Harpie's investors?
- Harpie's investors include Coinbase Ventures.