India-based crypto trading platform WazirX will resume trading on Friday after a $234 million hacking incident. CEO Nischal Shetty announced zero trading fees for at least 30 days to support users. Trading for all tokens will gradually be enabled from Friday to Monday to ensure a smooth restart and liquidity return.

Following a year-long hiatus due to a major security breach in July 2024, WazirX will gradually reopen trading with USDt pairs and a USDT/rupee pair. The exchange delisted some tokens and swapped others during the inactive period. The zero-fee offer may extend based on market response to help users re-engage with the platform.

WazirX’s restart process began after attackers drained assets from a Safe Multisig wallet in July 2024, forcing the exchange to suspend withdrawals. Months of forensic investigation, asset tracing, and negotiations with creditors led to a court-approved restructuring plan on Oct. 13. This approval allows the exchange to proceed with trading activities.

Read more at Cointelegraph: WazirX Relaunches Trading Oct. 24 With Zero Fees