WazirX, a cryptocurrency exchange headquartered in India, has recommenced its activities following a 24-hour period of maintenance. The exchange declared that it had concluded the “pre-planned maintenance” and reversed all transactions executed on its platform following the suspension of withdrawals on July 18.
Nevertheless, it seems that WazirX has not completely resumed its activities despite the successful completion of the scheduled repair. Users have requested information regarding the reactivation of INR withdrawals, indicating that withdrawals are currently not available on the platform.
WazirX suspended the process of withdrawing funds from its platform on July 18 due to a security breach, resulting in the unauthorized acquisition of more than $230 million worth of users’ funds.
Experts characterized the WazirX hack as a highly consequential breach on an Indian cryptocurrency exchange, prompting the firm to promptly respond. Even after a month had passed since the event, users were still able to access their funds.
WazirX’s recent declaration indicates that the crypto exchange is making advancements in returning to its regular operations. Nevertheless, the exchange did not furnish any information regarding the recommencement of money withdrawal.
This omission was evident in both the first statement and the subsequent response to users’ inquiries at the current moment.
