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It’s Back to the Future for Your Money… Again! Wazirx Resumes Withdrawals on Aug 26, Because Yesterday Was Just a Dream

A clock strikes midnight, with a calendar page turning from August 25 to August 26. A suitcase is packed and ready for travel, but it's still locked shut. In the background, a cityscape of Mumbai at night glows dimly, while in the foreground, an Indian rupee note lies on top of a pile of cryptocurrency coins.

WazirX: Where Cryptocurrency Dreams Come Crashing Down (Again).

Source: cointelegraph

India-based cryptocurrency exchange WazirX has set up a timeline to reintroduce withdrawals following a hack that caused the loss of $234 million in investor funds. In an Aug. 23 notice, WazirX said the suspension of withdrawals for user balances in Indian rupees (INR) would be lifted in phases starting on Aug. 26. Setting a withdrawal limit of 66% of users’ INR funds, the exchange said its customers would be able […]

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