đšCrypto Comedy Hour: WazirX's $230M Hack Recovery Plan!đš
In a plot twist worthy of a blockbuster, Indian crypto exchange WazirX has rolled out a "fair and transparent" socialized loss strategy after a $230 million hack. đ
Here's the scoop:
- 55% of user assets are unlocked immediately. đ„ł
- The remaining 45%? Locked in USDT-equivalent tokens. đ
Users get to vote on asset management options via the WazirX app or website. Deadline: August 3, 2024, 7:00 AM IST. đłïž
WazirX aims to distribute the impact evenly, ensuring no one bears too much of the burden. Thoughts? Drop 'em in the comments! đŹ
#CryptoNews #WazirXHack