Indian exchange WazirX has announced the relaunch of operations

Indian cryptocurrency exchange WazirX has announced plans to resume operations following a hacker attack with the support of custodial services from Zodia Custody and BitGo Trust, as well as international commercial banks. This was reported by WazirX co-founder Nischal Shetty, writes The Economic Times.

He said that after the theft of assets from one of the multi-signature crypto wallets of the trading platform, the company carried out "all necessary work to improve infrastructure and enhance security measures."

Digital asset platform Zodia Custody was appointed as the custodian for WazirX. Company representatives stated that their experience working with institutional clients would help WazirX ensure the security of users' assets in the future.

Earlier, the Indian crypto exchange WazirX, from which hackers stole $235 million, offered clients two options for reimbursement of lost funds, with the repayment terms depending on the creditors' choice.