Harpie Ceases Operations Amid Business Model Challenges

According to PANews, blockchain firewall provider Harpie has announced the immediate shutdown of its services, advising users to disconnect their wallets from Harpie RPC. The company cited its inability to establish a sustainable business model as the reason for ceasing operations, despite its efforts to create a 'zero-theft' crypto ecosystem. In 2022, Harpie secured $4.5 million in seed funding led by Dragonfly Capital.