**WazirX Restores Investor Balances After $234M Hack, Withdrawal Uncertainty Remains**

Nearly a month after a massive hack drained $234 million from WazirX's Safe Multisig wallet, the Indian crypto exchange has restored investor balances. However, users still can't withdraw their funds, causing widespread frustration.

On August 16, WazirX announced they are tackling two main issues: resolving Indian Rupee (INR) balances and cryptocurrency balances. These solutions require ongoing legal analysis and partner confirmations.

WazirX also completed scheduled maintenance, reversing trades made post-hack. Despite these efforts, the lack of a clear timeline for fund withdrawals has left many investors anxious and vocal on social media.

The hack, which compromised over 45% of investor funds, has prompted the Bharat Web3 Association to emphasize stronger cybersecurity measures. Meanwhile, Binance's mobile app is back on Indian app stores after a seven-month hiatus.