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Home»Bitcoin»This week in Asian Crypto Landscape: Metaplanet is launching a new American subsidiary, Coindcx is hacked
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This week in Asian Crypto Landscape: Metaplanet is launching a new American subsidiary, Coindcx is hacked

July 28, 2025No Comments
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The landscape of Asian cryptography evolves continuously. This week, the region has experienced significant developments on several fronts, including massive capital infusions, global extensions, as well as increasing concerns concerning exposure to cryptography and a massive security violation.

These developments have increasing institutional confidence as well as persistent vulnerabilities.

The OSL group of Hong Kong locks $ 300 million in an Asian Haussier cryptography landscape

The OSL group of Hong Kong has generated an important buzz in the landscape of Asian cryptography, rising $ 300 million thanks to a turn of action in shares, making it the greatest increase in publicly publicly disclosed cryptographic capital that the region has seen so far.

In an article published by Reuters on July 25, 2025, the firm said it was planning to use the capital increased for its global expansion efforts, in particular the development of a stablecoin infrastructure, securing licenses on additional markets and the launch of a compatible digital network.

Ivan Wong, the OSL group’s financial director, said: “Funding will accelerate our global construction, in particular in the stable reserve infrastructure and compliant payment rails.”

The OSL group of Asia increases $ 300 million

The largest side of the region’s cryptographic actions to develop on a global scale, build a stablecoin / payment ban and increase growth.

The race in Hong Kong Stablecoin heats up with more than 50 license applicants.

#Cryptoasia #Stablecoins # Web3 #Hkma #Cryptonews pic.twitter.com/pbb4bfmd0j

– Adaminsane.ink aa ⌘🛠 (@Adaminsane) July 25, 2025

The company quickly expanded and now has a license in Australia with acquisitions in Japan and Europe. It is also strongly invested in the tokenization of real assets (RWA).

The capital increase of the OSL group follows the concerns shared by Hong Kong Monetary Authority (HKMA), warning against “exuberance exuberance” around the stablecoins.

Explore: Top Solana Same Coins to Buy in July 2025

The Indian crypto platform Coindcx hacked a huge security violation

The pirates raped Coindcx, the popular exchange of Indian crypto, at the beginning of July 19, 2025 and targeted one of its internal operations accounts, resulting in a loss of around $ 44 million.

However, the company assured its customers that their funds are completely safe, declaring that it strictly using the VIODE account for liquidity activities for the exchange of partners, without having customer assets. The co-founder of Coindcx, Sumit Gupta, said that the company’s robust cash reserves will cover the losses.

🔥 44 million dollars left – Coindcx hacking that bypassed smart contracts 🚀

Coindcx’s $ 44 million violation highlighted the deep vulnerabilities of the India rapidly expanding cryptography ecosystem. More than just security forfeiture to an exchange, the incident reveals systemic weaknesses in … pic.twitter.com/iplf5hobg1

– Crowdfundjunction (crypto vc) (@cfjcryptto) July 25, 2025

The exchange is currently coordinated with global cybersecurity companies to investigate violation, connect vulnerabilities and retrace stolen funds. In addition, the company plans to launch a program of bug bonuses, encouraging ethical pirates to report any weakness of the system.

The cybersecurity company Cyvers, in its report, noted that the flight occurred in less than 5 minutes and involved seven high -speed transactions, presenting the transversal prowess of the pirate in the exploitation of operational wallets on the Solana blockchain. He said the flight looked like Wazirx from last year and awarded this hack to the infamous North Korean group Lazare.

In an article published by a local media, GUPTA said: “It is more than a simple internal question. It is a reminder of the evolutionary threats facing the cryptographic platforms worldwide.”

Explore: The hottest 12+ warnings of cryptography to buy now

South Korea urges national asset managers to reduce FNB exposure to Coinbase, strategy

The South Korea Financial Supervision Service (FSS) urged asset managers in the country to reduce their exposure to foreign cryptography actions like Coinbase and the strategy. This reminded them that the 2017 directives on virtual currencies are always active and must be strictly followed.

An FSS official was quoted by a local publication on July 23, 2025, declaring: “Recently, there was a deregulation tendency linked to virtual assets in the United States and Korea, but no specific law or directive has yet been established.”

The South Korea financial surveillance service has published verbal directives to asset managers:

Limit exposure to crypto -related stocks @coinbase & Strategy in FNB.

The 2017 emergency crypto measures remain in force.#Southkorea #Cryptoregulation #Etfs #Coinbase pic.twitter.com/utzrbjvhsh

– The REPUBLIC Coin (@tcr_news_) July 23, 2025

The report suggests that the FSS has published the directives, as many South Korea interior FNBs have held more than 10% of their portfolio in virtual actions related to assets.

For example, the Koact US Nasdaq Growth Company ETF Active ETF includes 7.44% in Coinbase and 6.04% in strategy, which carries its total investment in virtual actions linked to assets to 13.48%.

Explore: The best new cryptocurrencies to invest in 2025

The Asian crypto giant Metaplanet establishes a new holding subsidiary in the United States

Metaplanet has decided to rationalize its operations based in the United States and support its position in Bitcoin Treasury Management by creating a new company in exclusive property, Metaplanet Holdings Inc., Florida.

As indicated in its press release of July 25, 2025, Metaplanet Holdings Inc. will receive all the shares of Metaplanet Treasury Corp., strengthening risk surveillance and strategic flexibility.

🔎Analysis of disclosure on the new American subsidiary🇺🇸

Metaplanet announced today that they are a new subsidiary in exclusive property to sit between Metaplanet, Inc. (Japanese mother company) and Metaplanet Treasury Corp. (existing American subsidiary). Here is what it means!🧵 Pic.twitter.com/NCG3CWXQOT

– Degen (@compliantdegen) July 25, 2025

In addition, the company also aims to establish an additional subsidiary dedicated to activities related to derivatives. Thanks to this, Metaplanet aims to achieve its broader goal of the generation of income and the attenuation of risks.

Explore: 9+ best crypto at high risk and high reward to buy in July 2025

Main to remember

  • The OSL group of Hong Kong has raised $ 300 million for other expansion projects, development of Stablecoin, license and launch of a compliant digital network

  • The Operational Coindcx Pirated Account, user funds are safe

  • Metaplanet has launched a new Holdings company to manage operations based on the United States between the parent company and Metaplanet Treasury Corp

The post this week in Asian Crypto Landscape: Metaplanet is launching a new American subsidiary, Coindcx is hacked first on 99Bitcoins.





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