Coin98 is delighted to announce that CUSD smart contracts have successfully completed audits with essential technical diligence of SlowMist, PeckShield, and Inspex.
Coin98 always emphasizes security since we are aware that the reliability and validity of smart contracts play a vital role in the development of a project. That motivates us to focus on stern security audits for safe and wholly protected products in the entire sustainable ecosystem.
From marketing and partnerships to the security element, the Coin98 team put much work into getting the CUSD ready to launch on three blockchains, including Ethereum, BNB Smart Chain, and Solana.
The goal of CUSD, a fully-backed stablecoin, is to become a cross-chain unit of account that meets the demand for cross-chain liquidity in DeFi while spreading its dynamic vibrancy throughout the entire Coin98 Ecosystem.
Before launching, the technical team at Coin98 thoroughly reviewed every line of code to ensure everything went as planned. Additionally, we take one step further to elevate CUSD's prestige in the cryptocurrency industry by putting its smart contract audited by an elite group of auditors, including SlowMist, PeckShield, and Inspex.
Look closer at the audit reports:
"We keep our attention on enhancing security to fend off a cyberattack through auditing by reputable third parties. We think smart contract auditing is one of the most important phases for Coin98 Dollar. Not only does it strengthen protection against hackers, but it also raises the credibility and trust of CUSD throughout the industry." - CEO and co-founder of Coin98 Finance, Vinh The Nguyen.
PeckShield was founded in 2018 by a team of seasoned security professionals and senior researchers from world-leading security groups at companies such as Qihoo 360, Microsoft, Intel, Juniper, Alibaba, etc. PeckShield has established strategic and long-term cooperations with critical players in all areas of the blockchain ecosystem, such as blockchain infrastructure vendors, exchanges, crypto wallets, mining pools, DApp developers, and DeFi pioneers.
SlowMist is a blockchain security firm established in January 2018. The team started the firm with over ten years of network security experience to become a global force. Our goal is to make the blockchain ecosystem as secure as possible for everyone. We are now a renowned international blockchain security firm that has worked on various well-known projects such as Huobi, OKEx, Binance, imToken, Crypto.com, Amber Group, Klaytn, EOS, 1inch, PancakeSwap, TUSD, Alpaca Finance, MultiChain, O3Swap, etc.
Inspex was formed by a team of cybersecurity experts highly experienced in various fields of cybersecurity in 2021 as a smart contract audit provider.
At present, Inspex provides blockchain & smart contract professional services and security solutions at the highest quality to enhance the security of the wide-range blockchain ecosystem, Inspex has audited various notable decentralized applications on a variety of blockchain environments, including Alpaca Finance on BNB Smart Chain and Fantom, GuildFi on Ethereum, Saros Finance on Solana, and Thorus on Avalanche.
About Coin98 Dollar
Coin98 Dollar, aka CUSD, is a fully-backed stablecoin that aims to become a cross-chain unit of account that fulfills the demand for cross-chain liquidity in DeFi.
CUSD brings up an ambitious, long-term mission. To achieve that, our initiative is to build a strong foundation of use cases for CUSD within the Coin98 Ecosystem, first by centering CUSD as the default medium of exchange across all products built by Coin98 Finance. In the long run, CUSD will expand into other DeFi ecosystems in the multi-chain world.