The Asian crypto panorama is frequently evolving. This week, the area witnessed vital developments throughout a number of fronts, together with huge capital infusions, international expansions, in addition to rising considerations over crypto publicity and a large safety breach.
These developments showcase a rising institutional confidence together with persistent vulnerabilities.
Hong Kong’s OSL Group Locks In $300M Fairness Amid Bullish Asian Crypto Panorama
Hong Kong’s OSL Group has generated vital buzz within the Asian crypto panorama, elevating $300 million by an fairness financing spherical, making it the biggest publicly disclosed crypto capital increase that the area has seen to this point.
In an article revealed by Reuters on 25 July 2025, the agency acknowledged that it plans to make use of the raised capital for its international enlargement efforts, together with the event of a stablecoin infrastructure, securing licenses in extra markets and launching a compliant digital community.
Ivan Wong, the CFO of OSL Group, stated, “The funding will speed up our international build-out, notably in regulated stablecoin infrastructure and compliant cost rails.”
Asia's OSL Group raises $300M
The area’s greatest crypto fairness spherical to develop globally, construct stablecoin/cost infra & increase development.
Hong Kong stablecoin race heats up with 50+ license seekers.
#CryptoAsia #Stablecoins #Web3 #HKMA #CryptoNews https://t.co/bMaKr3h1H0 pic.twitter.com/Pbb4bFMD0j
— Adaminssane.ink AA ⌘ (@Adaminssane) July 25, 2025
The corporate has been quickly increasing and now holds a license in Australia with acquisitions in Japan and Europe. It is usually closely invested in real-world asset (RWA) tokenisation.
The OSL Group’s capital increase follows considerations shared by the Hong Kong Financial Authority (HKMA), cautioning towards “extreme exuberance” round stablecoins.
Discover: Prime Solana Meme Cash to Purchase in July 2025
Indian Crypto Platform CoinDCX Hacked In Enormous Safety Breach
Hackers breached CoinDCX, the favored Indian crypto alternate, early on 19 July 2025 and focused one in all its inside operations accounts, resulting in a lack of roughly $44 million.
The corporate has, nonetheless, assured its purchasers that their funds are utterly secure, stating that it strictly used the breached account for liquidity actions on companion alternate, with out holding buyer belongings in it. CoinDCX Co-founder, Sumit Gupta, clarified that the corporate’s sturdy treasury reserves will cowl the losses.
$44M Gone — The CoinDCX Hack That Bypassed Good Contracts
The $44 million CoinDCX breach has spotlighted deep vulnerabilities in India’s quickly increasing crypto ecosystem. Greater than only a safety lapse at one alternate, the incident reveals systemic weaknesses in… pic.twitter.com/ipLf5hobG1
— CrowdFundJunction (Crypto VC) (@cfjcrypto) July 25, 2025
The alternate is at present coordinating with international cybersecurity companies to research the breach, plug vulnerabilities and hint the stolen funds. Moreover, the corporate plans to launch a bug bounty program, encouraging moral hackers to report any weaknesses within the system.
Cybersecurity agency Cyvers, in its report, famous that the theft occurred in beneath 5 minutes and concerned seven high-speed transactions, showcasing the hacker’s cross-chain prowess in exploiting operational wallets on the Solana blockchain. It acknowledged that the theft resembled the WazirX hack from final yr and has attributed this hack to the notorious North Korean Lazarus Group.
In an article revealed by an area media outlet, Gupta stated, “That is extra than simply an inside matter. It’s a reminder of the evolving threats going through crypto platforms globally.”
Discover: The 12+ Hottest Crypto Presales to Purchase Proper Now
South Korea Urges Home Asset Managers To Scale back ETF Publicity To Coinbase, Technique
South Korea’s Monetary Supervisory Service (FSS) urged asset managers within the nation to cut back their publicity to international crypto shares like Coinbase and Technique. It reminded them that the 2017 guideline on digital currencies remains to be energetic and should be strictly adopted.
An FSS official was quoted by an area publication on 23 July 2025, stating, “Lately, there was a pattern of deregulation associated to digital belongings within the U.S. and Korea, however there have been no particular legal guidelines or pointers established but.”
South Korea’s Monetary Supervisory Service has issued verbal steering to asset managers:
Restrict publicity to crypto-related shares like @coinbase & Technique in ETFs.
Emergency crypto measures from 2017 stay in impact.#SouthKorea #CryptoRegulation #ETFs #Coinbase pic.twitter.com/UTzRBjvHsh
— The Coin Republic (@TCR_news_) July 23, 2025
The report means that the FSS issued the steering since many South Korean home listed ETFs held greater than 10% of their portfolio in digital asset-related shares.
For example, the KoACT US Nasdaq Development Firm Energetic ETF consists of 7.44% in Coinbase and 6.04% in Technique, bringing its complete funding in digital asset-related shares to 13.48%.
Discover: Greatest New Cryptocurrencies to Spend money on 2025
Asian Crypto Big Metaplanet Establishes New Holding Subsidiary In US
Metaplanet has determined to streamline its US-based operations and help its place in Bitcoin treasury administration by establishing a brand new wholly owned firm, Metaplanet Holdings Inc., in Florida.
As acknowledged in its press launch dated 25 July 2025, Metaplanet Holdings Inc. will obtain all shares of Metaplanet Treasury Corp., strengthening danger oversight and strategic flexibility.
Evaluation of Disclosure about New U.S. Subsidiary
Metaplanet has introduced in the present day that they’re forming a brand new wholly-owned subsidiary to sit down between Metaplanet, Inc. (Japanese mum or dad firm) and Metaplanet Treasury Corp. (current U.S. subsidiary). Right here's what it means!
pic.twitter.com/nCG3CwXqot
— Compliant Degen (@CompliantDegen) July 25, 2025
Moreover, the corporate additionally goals to determine an extra subsidiary devoted to derivatives-related actions. Via this, Metaplanet goals to realize its broader goal of earnings era and danger mitigation.
Discover: 9+ Greatest Excessive-Threat, Excessive-Reward Crypto to Purchase in July 2025
Key Takeaways
Hong Kong’s OSL Group raised $300 million to additional enlargement initiatives, stablecoin improvement, licensing and launching a compliant digital community
CoinDCX’s operational account hacked, customers’ funds are secure
Metaplanet launched a brand new holdings firm to handle US-based operations that sits between the mum or dad firm and Metaplanet Treasury Corp
The publish This Week In Asian Crypto Panorama: Metaplanet Launches New US Subsidiary, CoinDCX Will get Hacked appeared first on 99Bitcoins.
