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News Explorer — India's WazirX Crypto Exchange to Resume Rupee Withdrawals After $230 Million Hack

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Aug 23, 6:27 pm
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India's WazirX Crypto Exchange to Resume Rupee Withdrawals After $230 Million Hack

WazirX, the Indian crypto exchange that suffered a $230 million hack, will allow users to withdraw up to two-thirds of their Indian rupees (INR) from the platform starting Monday. However, crypto withdrawals remain paused due to losses sustained in Ethereum tokens and other assets. WazirX plans to open up withdrawals in stages, with users being able to withdraw half of their INR from August 26 to September 8, and the remainder between September 9 and 22.

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