WazirX, an exchange based in India, is looking for new partnerships to recover from a major security breach. The hack led to the loss of around $230 million, which is about half of the exchange’s total assets.
The breach affected one of WazirX's secure wallets and resulted in the theft of more than 200 different types of cryptocurrencies. This included billions of SHIB tokens, thousands of Ethereum and Matic tokens, hundreds of billions of Pepe tokens, millions of USDT, and Gala tokens.
Because of this incident, WazirX has stopped trading temporarily. This pause is necessary because they are struggling to keep the right amount of assets in reserve.
Source - https://cryptoslate.com/wazirx-seeking-partnerships-to-recover-from-230-million-hack/