Harpie, a Web3 security firm focused on preventing wallet theft and hacks, has ceased operations due to financial instability. Despite support from major investors like Coinbase Ventures, the company couldn't sustain a profitable business model. Harpie's shutdown highlights the challenges Web3 security startups face as they compete in a decentralized market that favors self-custody solutions.
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Web3 Security Firm Harpie Shuts Down Amid Financial Struggles
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