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coinpedia 2024-07-27 10:31:46

WazirX REVEALS Community-Driven Recovery Plan After $230 Million Hack Loss

The post WazirX REVEALS Community-Driven Recovery Plan After $230 Million Hack Loss appeared first on Coinpedia Fintech News After a devastating cyberattack that resulted in a $230 million loss, is turning to its community for recovery. Founder Nischal Shetty and the team have unveiled a comprehensive strategy to mitigate the impact, which involves distributing the losses across users’ crypto portfolios without affecting INR wallet balances. Here’s a detailed rundown. The 55/45 Model: A …

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