🚹 **Crypto News Flash: WazirX Unveils Hack Mitigation Plan!** 🚹

- Indian crypto exchange WazirX has announced a "socialized loss strategy" to address a recent hack that resulted in a $235M loss, affecting 45% of user funds.

- Users can access 55% of their assets immediately, while the remaining 45% will be locked in USDT-equivalent tokens.

- Two recovery options:

- **Option A:** 55% for trading, with priority in recovery.

- **Option B:** 55% for staggered withdrawals, lower recovery priority.

- Vote by Aug. 3, 2024! đŸ—łïž

What do you think? Share your thoughts below! 💬