đš **Crypto News Flash: WazirX Unveils Hack Mitigation Plan!** đš
- 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! đłïž
What do you think? Share your thoughts below! đŹ