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BCH-Based Stablecoin Protocol Moria Passes Security Audit With Flying Colors

2025-07-05 04:32:24

Main Idea

The BCH-based stablecoin issuance protocol Moria has successfully passed a security audit by Hashlock, confirming its code as secure and well-constructed, which enhances its credibility and functionality in the decentralized finance space.

Key Points

1. Moria, a BCH-based stablecoin issuance protocol, was audited by Hashlock, a Web3 security and smart contract auditing company.

2. The audit found Moria's code to be 'secure, logically ordered, and constructed with clear intent,' with only a minor vulnerability that was resolved.

3. Moria enables users to access liquidity via its MUSD stablecoin without losing access to their Bitcoin Cash tokens.

4. Hashlock concluded that Moria has a 'sound and well-tested code base' after reviewing its codebase and addressing vulnerabilities.

5. The protocol's co-founders, including Dagur Valberg Johansson and Halvor Bakke-Veiby, have emphasized the importance of liquidity for the broader crypto ecosystem.

Description

Moria, a BCH-based stablecoin issuance protocol, has been successfully audited by Hashlock, a Web3 security and smart contract auditing company. The audit found the code powering the stablecoin platform was “secure, logically ordered, and constructed with clear intent.” BCH Stablecoin Issuance Protocol Moria Passes Security Audit Moria, a BCH-based stablecoin issuance protocol, has passed a

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