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    Home»AI»WazirX Resumes Trading After Year-Long Hiatus Following $230 Million Hack
    WazirX Resumes Trading After Year-Long Hiatus Following $230 Million Hack – featured image
    WazirX is set to restart trading on Friday, marking the end of a year-long suspension due to a significant security breach that cost the exchange $230 million.
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    WazirX Resumes Trading After Year-Long Hiatus Following $230 Million Hack

    CryptoCoinBizzBy CryptoCoinBizzOctober 23, 2025No Comments3 Mins Read
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    In a significant development for the crypto community, WazirX, one of India’s largest cryptocurrency exchanges, has announced that it will resume trading this Friday, October 26, 2025. This decision marks the end of a prolonged shutdown that lasted for over a year, triggered by a devastating hack that resulted in a loss of approximately $230 million.

    The security breach, which occurred in late 2024, sent shockwaves through the crypto market and raised pressing questions about the safety and security protocols of digital asset exchanges. Following the incident, WazirX’s operations were halted as the company undertook extensive security audits and measures to protect user assets and restore trust in its platform.

    During the hiatus, WazirX worked diligently to enhance its security infrastructure, implementing advanced technologies and protocols aimed at preventing future breaches. The exchange also engaged with cybersecurity experts to conduct a thorough investigation into the hack, ensuring that vulnerabilities were addressed and that customer funds would be safeguarded upon the resumption of trading.

    In an official statement, WazirX expressed its commitment to transparency and user safety, emphasizing that the lessons learned from the hack have been invaluable in refining their security practices. The exchange is now poised to re-enter the market with a renewed focus on providing a secure trading environment for its users.

    The resumption of trading comes at a pivotal time as the cryptocurrency market continues to evolve, with more investors seeking reliable platforms for their digital asset transactions. WazirX’s return is anticipated to bolster trading volumes and restore confidence among its user base, many of whom have been eagerly awaiting the opportunity to trade again.

    As the market shifts and adapts to new regulations and security challenges, WazirX aims to position itself as a leader in the Indian crypto landscape. The exchange’s ability to rebound from such a significant setback will be closely observed by industry analysts and competitors alike.

    WazirX’s users can look forward to the platform’s revamped features and security measures, which are designed to enhance the overall trading experience. The exchange is also expected to roll out new educational resources for users, helping them navigate the complexities of cryptocurrency trading more effectively.

    As we approach the date of trading resumption, the crypto community remains optimistic about WazirX’s return to form and its potential to regain lost ground in the competitive exchange landscape. The coming weeks will be crucial for WazirX as it seeks to rebuild its reputation and re-establish trust with its users after a tumultuous year.

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    CryptoCoinBizz is a leading cryptocurrency magazine focused on delivering insightful analysis, breaking news, and expert opinions on the dynamic world of digital currencies. Our mission is to empower readers with essential knowledge of blockchain technology and market trends. With a team of experienced journalists and industry experts, we provide valuable content for both novice and seasoned investors, fostering a community dedicated to informed decision-making in the evolving landscape of cryptocurrency.

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