Wazirx is preparing to restart with the support of Zodia Custody

According to Bitcoin.com, Wazirx, an Indian cryptocurrency exchange, is preparing to restart operations after a major security breach that resulted in the platform being compromised and causing significant financial losses. After the hacker attack, the exchange implemented stricter compliance measures and comprehensively renovated its security infrastructure to prevent such incidents from happening again in the future. On March 17th, Wazirx announced the appointment of Zodia Custody as its official trustee, which is managed by Standard Chartered Bank, Northern Trust SBI Holdings、 Supported by financial institutions such as the National Australia Bank (NAB) and the UAE NBD. This partnership aims to enhance asset security and regulatory compliance, paving the way for Wazirx's restart.