PANews reported on March 18 that according to Bitcoin.com, the Indian crypto exchange Wazirx is preparing to restart operations after a major security breach compromised the platform and caused huge financial losses. After the hacker attack, the exchange implemented stricter compliance measures and overhauled its security infrastructure to prevent such incidents from happening again in the future. On March 17, Wazirx announced that it had appointed Zodia Custody as its official custodian, which is supported by financial institutions such as Standard Chartered Bank, Northern Trust, SBI Holdings, National Australia Bank (NAB) and Emirates NBD. This partnership aims to improve asset security and regulatory compliance, paving the way for Wazirx's relaunch.