Odaily Planet Daily News WazirX released an important announcement on the next steps for Indian rupee and cryptocurrency withdrawals: It is regrettable that users have been unable to withdraw cryptocurrencies from their platform accounts for a period of time, but it is not that simple to restore cryptocurrency withdrawals. Due to a cyber attack and the loss of a large amount of ERC-20 token balances due to theft, the available token assets are insufficient to repay the debts incurred by platform users due to token balances. For Indian rupee balances, after careful evaluation and understanding of all user feedback, WazirX decided to lift the suspension of withdrawals of INR balances on August 26, 2024, and INR withdrawals will be enabled in phases. Next, the platform will soon submit an application to the Singapore High Court to ensure sufficient time for restructuring in accordance with the arrangement plan.