Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
WazirX, one of India’s largest cryptocurrency exchanges, has announced an eight-hour scheduled system outage to restore account balances and reverse unauthorized trades following a massive security breach.
Maintenance is set to occur from 6 PM on August 15th to 2 AM IST on August 16th, during which time all platform services, including trading, deposits, and withdrawals, will be temporarily unavailable.
This restoration effort follows a severe hack on July 18th, 2024, which resulted in the loss of approximately $234 million in user funds.
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