News > Users of top Indian crypto exchange report seeing ‘0’ funds during outage

Users of top Indian crypto exchange report seeing ‘0’ funds during outage

Evening Standard | 05/04/2021 09:15 AM | Click to read full article

Major Indian crypto exchange WazirX experienced disruptions caused by system failures for more than four hours Sunday. In a tweet at 5:24 PM UTC, WazirX CEO Nischal Shetty reported that the crypto exchange had “hit some internal limits”.

The load on Wazir’s system reportedly created “a ripple effect on all the services,” causing some of the exchange’s 1.8 million users to report being unable to see any funds in their accounts.