April 21, 2025

Hacked WazirX rolls out a 55/45 recovery plan strategy

1 min read

India’s cryptocurrency exchange which recently got hacked for $230 million (45% of user funds), WazirX announced a recovery and distribution plan. The platform is implementing a socialized loss strategy in order to issue impact equitably among all users. WazirX has come up with a 55/45 approach which it hopes will offer a faster and more

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Source: Cryptopolitan

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