WazirX exchange implements a two-tiered recovery plan for users following $230 million crypto theft

[Redaktion]

WazirX has outlined a strategy to address a recent cyberattack that resulted in the loss of over $230 million in crypto assets. The crypto exchange has implemented a two-tiered recovery plan, allowing users to choose between prioritized asset recovery with limited access or immediate access with delayed recovery. To mitigate losses, WazirX will distribute recovered funds among affected users through a "balanced crypto basket" approach.


https://www.notebookcheck.net/WazirX-exchange-implements-a-two-tiered-recovery-plan-for-users-following-230-million-crypto-theft.868210.0.html