WazirX Announces INR Withdrawals Resume Date Amid Security Breach
Saturday, 24 August 2024, 06:30
WazirX's Decision to Resume INR Withdrawals
WazirX, a leading cryptocurrency exchange based in India, will begin processing Indian Rupee (INR) withdrawals on August 26, 2024. The decision is a direct consequence of a recent security breach that raised concerns among its users. The exchange implemented stringent measures to enhance security protocols, ensuring that users feel safe when accessing their funds.
Security Measures Implemented
- Enhanced encryption protocols.
- Regular security audits to identify vulnerabilities.
- Increased user authentication steps.
WazirX aims to regain user confidence with these initiatives while navigating the challenges presented by the security incident.
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.