The Asian crypto panorama is frequently evolving. This week, the area witnessed important developments throughout a number of fronts, together with large capital infusions, international expansions, in addition to rising considerations over crypto publicity and an enormous 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 important buzz within the Asian crypto panorama, elevating $300 million by an fairness financing spherical, making it the most important publicly disclosed crypto capital elevate 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 growth 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, significantly in regulated stablecoin infrastructure and compliant cost rails.”
Asia’s OSL Group raises $300M
The area’s largest crypto fairness spherical to broaden 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 elevate 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 among its inner operations accounts, resulting in a lack of roughly $44 million.
The corporate has, nonetheless, assured its shoppers that their funds are fully secure, stating that it strictly used the breached account for liquidity actions on accomplice alternate, with out holding buyer property 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 Sensible 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 the moment coordinating with international cybersecurity corporations to analyze 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 inner 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 scale back their publicity to international crypto shares like Coinbase and Technique. It reminded them that the 2017 guideline on digital currencies continues to be energetic and have to be strictly adopted.
An FSS official was quoted by an area publication on 23 July 2025, stating, “Just lately, there was a pattern of deregulation associated to digital property 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 Progress Firm Energetic ETF consists of 7.44% in Coinbase and 6.04% in Technique, bringing its whole funding in digital asset-related shares to 13.48%.
Discover: Finest New Cryptocurrencies to Spend money on 2025
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 threat oversight and strategic flexibility.
🔎Evaluation of Disclosure about New U.S. Subsidiary🇺🇸
Metaplanet has introduced at this time that they’re forming a brand new wholly-owned subsidiary to take a seat between Metaplanet, Inc. (Japanese mother or father firm) and Metaplanet Treasury Corp. (present U.S. subsidiary). This is what it means!🧵 pic.twitter.com/nCG3CwXqot
— Compliant Degen (@CompliantDegen) July 25, 2025
Moreover, the corporate additionally goals to ascertain a further subsidiary devoted to derivatives-related actions. Via this, Metaplanet goals to realize its broader goal of revenue era and threat mitigation.
Discover: 9+ Finest Excessive-Danger, Excessive-Reward Crypto to Purchase in July 2025
Key Takeaways
Hong Kong’s OSL Group raised $300 million to additional growth 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 mother or father firm and Metaplanet Treasury Corp
Why you possibly can belief 99Bitcoins
Established in 2013, 99Bitcoin’s crew members have been crypto consultants since Bitcoin’s Early days.
90hr+
Weekly Analysis
100k+
Month-to-month readers
50+
Knowledgeable contributors
2000+
Crypto Initiatives Reviewed
Observe 99Bitcoins in your Google Information Feed
Get the newest updates, traits, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now