WazirX, one of India’s largest bitcoin and cryptocurrency exchanges, has crashed. On investor concerns, the founder and CEO of WazirX tweeted several tweets saying that the servers had crashed and it would take some time to fix them. Shetty tweeted that he has touched the internal limit set by one of his infrastructure providers. He is working with her to raise her as much as possible. Please wait till this is resolved.
When WazirX began trending on Twitter with a flood of mimes with panicked investors, Shetty wrote that when one part of the system goes bad, all services are affected. It will take some time to get things back to the level at which they work. Please be patient, he will be back soon. The team is working on it.
Told wallet safe
Earlier on Sunday, Shetty tweeted that WazirX has crossed $ 270 million in 24-hour trading volume. He claimed that this is the highest trading volume by any cryptocurrency in India at any given time. According to Exchange Crash, he said that no matter how much you prepare for traffic, some system loads are different. Yes, wallet is safe. The load on our system is too high. Scaling is taking a long time.
Samsung Galaxy F02s, Galaxy F12 India Launch: Samsung’s two new budget smartphones in India, a strong 6,000mAh battery
WazirX COO Siddharth said that the exchange reached its all-time high. He tweeted that he is experiencing the system ATH trade. His team is trying to accelerate. Wait Because some investors pointed out that their funds are showing zero, Shetty said that all those people who are saying that the funds are looking zero, it is because some parts of the system are not working. One such system is one that shows the fund value. He will start working again when all services are cured.
The WazirX was launched in March 2018. In 2019, the exchange was acquired by Binance.
Get Business News in Hindi, latest India News in Hindi, and other breaking news on share market, investment scheme and much more on Business Khabar. Like us on Facebook, Follow us on Twitter for latest financial news and share market updates.
.