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This Week In Asian Crypto Landscape: Metaplanet Launches New US Subsidiary, CoinDCX Gets Hacked

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The Asian encryption scene is constantly developing. This week, the region has witnessed great developments across many fronts, including huge capital batches, global expansions, as well as increasing concerns about exposure to encryption and tremendous security violation.

These developments offer increasing institutional confidence along with continuous weaknesses.

Olsl Group locks in Hong Kong in ownership rights of $ 300 million amid an Asian encryption scene

The OSL Group in Hong Kong was born a sensation in the Asian scene of encryption, which raised $ 300 million through the stock financing round, making it the largest Capital of encryption that has been publicly unveiled in the region so far.

In an article published by Reuters on July 25, 2025, the company stated that it plans to use the high capital of global expansion efforts, including the development of the numbness infrastructure, securing licenses in additional markets and launching a compatible digital network.

“The funding will speed up our global building, especially in the infrastructure organizing infrastructure of stability and compatible payment bars,” said Evan Wong, the financial manager of the OSL Group.

The company was expanding quickly and now carrying a license in Australia with acquisitions in Japan and Europe. He is also largely invested in the distinctive symbol of assets in the real world (RWA).

The capital lifting of the OSL group follows the concerns that the Hong Kong Critics Authority shares, which warns of “excessive abundance” about Stablecoins.

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The Indian CoindCX encryption platform has been hacked in a huge security breach

Coindcx infiltrators violated a famous Indian encryption exchange, early in July 19, 2025, and targeted one of its internal operations accounts, which led to a loss of about $ 44 million.

However, the company assured its customers that their money is completely safe, saying that it used a strictly hacked account for liquidity activities in the partner Exchange, without keeping customer assets in it. Sumit Gobta, co -founder of Coindcx, explained that the strong cabinet reserves will cover the losses.

The Stock Exchange is currently coordinating with the global cybersecurity companies to investigate the breach and delivery of security gaps and track stolen money. Moreover, the company plans to launch the Bug Bounty program, and to encourage moral infiltrators to report any system weaknesses.

In its report, the Cyber Security Company noted that the theft occurred in less than 5 minutes and included seven high -speed transactions, and displayed the ingenuity of cross pirates to exploit the operational portfolios on Solana Blockchain. He stated that the theft is similar to the penetration of Wazirx from last year and the attribution of this penetration to the famous North Korean Lazarus Group.

In an article published by a local media, Gupta said: “This is more than just an internal issue. It is a reminder of the advanced threats facing the world levels of encryption.”

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South Korea urges local assets to reduce ETF’s exposure to Coinbase, strategy

The financial supervision service in South Korea (FSS) urged the country’s asset managers to reduce their exposure to foreign encryption shares such as Coinbase and the strategy. They mentioned that the 2017 guidance principle in virtual currencies is still active and must be followed accurately.

“Recently, there has been a trend for the standard cancellation related to virtual assets in the United States and Korea, but specific laws or guidelines have not been established yet,” said a FSS employee by a local publication on July 23, 2025.

The report indicates that FSS issued instructions because many local traded investment funds listed in South Korea held more than 10 % of its portfolio in virtual shares related to assets.

For example, Koact Us Nasdaq Growth Company Active ETF 7.44 % in Coinbase and 6.04 % in the strategy, up to its total investments in the asset -related virtual stocks to 13.48 %.

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The Metaplanet Giant is established by a new subsidiary in the United States

Metaplanet decided to simplify its US -based operations and support its position in Bitcoin Treasury Management by creating a new company fully owned by, metaplanet Holdings Inc. , In Florida.

As mentioned in its press statement on July 25, 2025, Metaplanet Holdings Inc. will receive. All shares Metaplanet Treasury Corp. And enhance the supervision of risks and strategic flexibility.

Moreover, the company also aims to create an additional subsidiary dedicated to derivative activities. Through this, Metaplanet aims to achieve its broader goal of generating income and risk alleviation.

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Main meals

  • The OSL Group in Hong Kong collected $ 300 million for more expansion projects, the development of Stablecoin and its license and the launch of a compatible digital network

  • CoindCX operating account and user boxes have been hacked

  • Metaplanet has launched a new US -based bickering company that is located between the parent company and Metapanet Treasury Corp

The post this week in the Asian Crypto scene: Metapanet launches a new new American subsidiary, Coindcx appeared for the first time on 99bitcoins.

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