Crypto exchange WazirX faces cyber threats, announces partial INR withdrawals starting from August 26

Cryptocurrency exchange WazirX has announced that it will allow INR balance withdrawals from its platform starting August 26. However, as per an official announcement on August 23, customers will only be able to access 66 percent of their funds.

As part of this update, WazirX is also reducing INR withdrawal fees by 60 percent, lowering the charge from ₹25 to ₹10. Meanwhile, withdrawals of cryptocurrencies remain on hold due to the exchange’s insufficient token assets to cover all liabilities following the theft.