Coinversa Completes Independent Security Audit with softstack, Smart Contract Audit and Codebase Security Assessment

softstack, a leading German cybersecurity firm, has completed two independent security engagements for Coinversa, a non-custodial trading platform.

softstack, a leading German cybersecurity firm, has completed two independent security engagements for Coinversa, a non-custodial trading platform: a smart contract security audit of their Canton Network contracts and a whitebox security review of their backend API and frontend application.

Read More on Fintech : Global Fintech Interview with Baran Ozkan, co-founder & CEO of Flagright

The smart contract audit, covering DAML contracts that implement user identity management, wallet linking, transaction commitment tracking, and terms acceptance on Canton Network, identified 20 findings across 5 medium and 15 low severity levels. 16 findings were resolved and 4 were acknowledged by the Coinversa team.

The codebase security review, covering the full Express/TypeScript backend and React/JSX frontend, identified 13 findings including 4 high, 8 medium, and 1 low severity issues. All 13 findings were resolved by the Coinversa engineering team. Across both engagements, a total of 33 security issues were identified and addressed, with follow-up reviews confirming that all fixes were implemented effectively.

Catch more Fintech Insights : Real-Time Payments and the Redefinition Of Global Liquidity

[To share your insights with us, please write to psen@itechseries.com ]

The post Coinversa Completes Independent Security Audit with softstack, Smart Contract Audit and Codebase Security Assessment appeared first on GlobalFinTechSeries.