Wazirx prepares to relaunch with support from Zodia Custody

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MarsBit
2 days ago
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According to a report by Bitcoin.com, the Indian crypto exchange WazirX is preparing to resume operations after a major security breach that compromised the platform and caused significant financial losses. After the hacking attack, the exchange has implemented stricter compliance measures and completely overhauled its security infrastructure to prevent such incidents from happening again in the future. On March 17, WazirX announced that it has appointed Zodia Custody as its official custodian, a company supported by financial institutions such as Standard Chartered Bank, Northern Trust, SBI Holdings, National Australia Bank (NAB), and Emirates NBD. This partnership aims to enhance asset security and regulatory compliance, paving the way for WazirX's relaunch.

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