Wazirx shares an additional cyberattack recovery plan and states that the poll is not final

  • Cryptocurrency exchange in India Users should rest easy knowing that neither Wazirx nor the users are legally bound by the results of the poll that was done to get feedback on restarting the platform in the wake of the recent catastrophic cyberattack.
  • In order to gather more ideas, Wazirx will shortly be launching a feedback form, according to co-founder Nischal Shetty. He underlined the value of community involvement and pledged continued openness.

Wazirx Places a Strong Focus on Community Input to Shape Upcoming Plans

The Indian cryptocurrency exchange Wazirx provided its users with an update on Monday regarding its efforts to resume trading and withdrawals on the platform in the wake of a breach that saw the theft of more than $230 million. The exchange also provided an explanation of its poll, which enables users to influence the choices made on the platform’s reopening.

Wazirx made it clear that the poll is not legally binding and that its goal is to gather user feedback.

According to the exchange, the team’s current focus is on going over the input to create a plan that truly represents the interests of the community.

On X Monday, co-founder of Wazirx Nischal Shetty underlined the value of community feedback in determining future course of action. He restated that neither Wazirx nor the users are required by law to participate in the poll; it is merely an initial step.

This is a significant cyberattack, and our efforts on a remedy will take additional time. The co-founder went on, “Your feedback and support will help us navigate this effectively.” He said, “We are dedicated to openness and will keep you informed as we improve our strategy in light of your suggestions.”

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Lalit Mohan

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