Home CryptocurrencyThis week in Asian Crypto Landscape: Metaplanet launched new American subsidiary, coindcx hacked

This week in Asian Crypto Landscape: Metaplanet launched new American subsidiary, coindcx hacked

by Hammad khalil
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The Asian Crypto landscape is constantly developing. This week, the report of the important devils in the region saw reports of several fronts, including large -scale capital transitions, global expansion, as well as crypto exposure and increasing concerns over a massive safety violations.

These devils demonstrate a growing confidence with a person’s weaknesses.

Hong Kong’s OSL Group locks in $ 300 meter equity

Hong Kong’s OSL Group has created significant discussion in the Asian Crypto landscape, increasing $ 300 million through an equity financing round, which makes it publicly published Crypto Capital, which has been seen so far.

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In an article published by Reuters on 25 July 2025, the firm said that it plans to use the capital raised for its global expansion effects, including a stabilin infrastic development, to obtain licenses in additional markets and launch a complaint digital network.

Ivan Wong, CFO of the OSL group, said, “Funding will be available our global build-outs, especially in regulated stabeloin infrastructure and complete payment rail.”

The company is expanding rapidly and now holds a lotus in Australia with accessories in Japan and Europe. It is also a heavy investigation into real -world property (RWA) Tokanization.

The OSL Group capital Hong Kong follows the concerns shared by the Monetary Authority (HKMA), “Care is taken against”

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Indian Crypto platform coindcx hacked in huge safety violations

Hackers violated the popular Indian Crypto Exchange, Coindcx and targeted the accounts of an international operators, which led to approximately $ 44 mills.

The company has assured its customers that their funds are perfectly kuffi, saying that this partner is strictly useful for a breakd account for liquidity activities on the exchange, without holding customer property. Sumit Gupta, co-founder of Coindcx, clarified that the company’s strong treasury reserves would be damaged.

The Executive is currently coordinating with global cyber security firms to investigate the violations, plug down the weaknesses and detect stolen funds. In addition, the company plans to start a bug bounty program, encouraging moral hackers to report any weaknesses in the system.

Cyber security firm Cyers said in their report that the theft takes place within 5 minutes and consists of seven high-speed transactions, showing the operation of operation operation operational wallet solana blockchain of the hacker in exploiting the hacker. It has been said that the theft has come from the previous year with Wazirux hack and this hack has been blamed by the notorious North Korean Lazarus Group.

In an article published by a local media outlet, Gupta said, “This is just more than an internal matter.

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South Korea urges domestic asset managers to reduce ETF exposure coinbase, strategy

South Korea’s Financial Supervisory Services (FSS) asset asset manager in the country to reduce its expi shares such as coinbase and strategy in the country. It is reminded that the 2017 guidelines on virtual currencies are still active and should be strictly followed.

An FSS official was quoted on 23 July 2025 by a local publication, stating, “Recently, the US and Korea have a tendency to deregulation related to virtual assets, but no spectative law guidelines have yet been provided.”

The report shows that the guidance South Korean domestic listed ETF conducted more than 10% of its portfolio in a virtual asset-related stack.

For example, Koact US NasDaq Growth Company Active ETF contains 7.44% in coinbase and 6.04% in strategy, which brings its total investment to 13.48% in the virtual asset-zari structure.

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Asian Crypto veteran Metaplanet Establishment New Holding Assistant in America

Metaplanet has decided to support its position in Bitcoin Treasury management by establishing a newly owned company in Florida, Metaplanet Holdings Inc. and supporting its position.

As stated in its press release on 25 July 2025, Metaplanet Holdings Inc. will receive all shares, risk oversite and strategic flexibility of Metaplanet Treasury Corp.

In addition, the company aims to establish an adsidiani dedicated to derivative-related activities. Through this, the purpose of Metaplanet is to achieve its widespread purpose of income generation and risk mitigation.

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key takeaways

  • Hong Kong’s OSL group gathered $ 300 million to Futher

  • Coindcx’s operational account hack, users’ funds are safe

  • Metaplanet launched a new holdings company that sits between the original company and the Metaplanet Treasury Corp

Posted in the Asian Crypto Landscape this week: Metaplanet launched the new American subsidiary, the coindcx gets hackd first appeared on 99bitcoins.

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