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WazirX Restores Balances, Still Can’t Tell You When Your Money Will Be Yours Again

An illustration of a clock stuck at midnight on July 18th, surrounded by scattered coins with some missing from their spots; in the background, a calendar shows August 16th marked as "update day" but still no clear date for withdrawals; nearby, an anxious figure looks up at the clock

The never-ending saga of cryptocurrency’s finest hour (or should I say, worst). WazirX has finally restored balances on their exchange, but let me guess what comes next: more uncertainty! It seems like the crypto bros are in for a wild ride as they wait with bated breath to see when they can withdraw their funds. And by “wait,” I mean frantically refresh their browser every five seconds.

Source: cointelegraph

Nearly a month after a massive hack rocked the WazirX exchange, resulting in the loss of $234 million of investors’ funds in the Indian crypto exchange’s Safe Multisig wallet, the platform has restored investor balances.  Despite this progress, there is still no clarity on when users will be able to withdraw their funds, leaving many frustrated and anxious. In an update on Aug. 16, WazirX stated they are working on […]

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