WazirX Backtracks: Crypto Giant Abandons Loss-Sharing Plan After User Outcry India's leading crypto exchange, WazirX, reverses course on controversial proposal to distribute $230 million hack losses. Following intense customer backlash, a user poll conducted from July 22-Aug 3 forced the platform to reconsider its "socialization" strategy, which would have limited all users to 55% asset access. Watch to learn how this decision impacts WazirX users and the broader implications for crypto security

WazirX, India’s largest cryptocurrency exchange, has surged in popularity during the pandemic as retail investors have piled into digital currencies. CNBC Make It’s Karen Gilchrist speaks to co-founder and CEO Nischal Shetty about how his company was initially inspired by a rebellion against big tech. | CNBC International