On August 16, the Indian crypto trading platform WazirX released a security incident update, and the planned maintenance is now complete. The user account balance has been restored, and all transactions made on the WazirX platform since withdrawals stopped at 1:00 PM US Standard Time on July 18, 2024 have been cancelled. Previously reported, on August 8, WazirX said that after careful consideration of the situation and receiving a lot of user feedback, it decided to restore the balance of all accounts and revoke all transactions made on the WazirX platform after the withdrawal was stopped at 1pm Indian Standard Time on July 18, 2024. On July 18, Indian cryptocurrency trading platform WazirX was hacked and multi-signature wallets on its Ethereum network were stolen. A total of $234.90 million was transferred.