Category: socialized
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WazirX implements ‘socialized loss strategy’ following $235m hack
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Investor EmpiresIndian cryptocurrency exchange WazirX has unveiled a plan to mitigate the effects of a recent hack that resulted in the loss of nearly $235 million. The hack, which affected 45% of user funds, prompted the exchange to introduce what it called a “social loss strategy” to ensure what it called…
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WazirX implements ‘socialized loss strategy’ following $235m hack
•
Investor EmpiresIndian cryptocurrency exchange WazirX has unveiled a plan to mitigate the effects of a recent hack that resulted in the loss of nearly $235 million. The hack, which affected 45% of user funds, prompted the exchange to introduce what it called a “social loss strategy” to ensure what it called…