Indian crypto exchange WazirX will allow phased withdrawals of rupees starting August 26

WazirX said the operating entity for its rupee-related activities, Zanmai Labs, was not affected by the attack and has sufficient reserves to cover balances. However, it had to keep the remaining 34% of the funds back due to investigations by law enforcement agencies, the company said. The timeline for the release of those frozen balances is unclear, it said.