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 set by one of the infrastructure providers. The load on Wazirs system reportedly created a ripple effect on all the services, causing some of the exchanges 1.8 million users to report being unable to see any funds in their accounts during the outage.
Its because parts of the system are not working, said Shetty. One such system is the one that shows the fund value. Itll start showing again as soon as all the services are back up.