WazirX Restores User Portfolio Balances While Withdrawals Remain Suspended

Thursday, 8 August 2024, 03:13

WazirX restores user portfolio balances following a significant security breach, though withdrawals are still not active. Users await further updates on account accessibility. Trust and security are paramount as the exchange works through this setback.
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WazirX Restores User Portfolio Balances While Withdrawals Remain Suspended

WazirX Restores User Portfolio Balances

In a recent update, WazirX has announced the restoration of user portfolio balances following a major security breach that left many accounts vulnerable. This incident, which occurred last month, raised significant concerns regarding the platform's security measures.

Withdrawals Still Remain Closed

Despite the restoration of balances, withdrawals remain inactive, leaving users anxious about accessing their funds. The exchange has promised transparency and is working diligently to solve the current issues. As security concerns linger, users are encouraged to monitor official announcements for future updates.

  • bWazirX is addressing the negative repercussions of the incident.
  • iUser reassurance is essential for maintaining trust.
  • iFuture enhancements to security infrastructure are anticipated.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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