Genesis Block

Hong Kong’s premier OTC trading centre.

With our head office based in Hong Kong, Genesis Block is proudly serving its community as the first stop of all things blockchain.

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Daily News

Our daily recap of all things blockchain and digital assets related, to better serve our clients and to inform the public.

CSW: Ordered to hand over $5b in BTC
COIN METRICS: Highlights BTC’s realized market cap has hit an ATH passing $100b.
BAKKT: Warehouse will begin taking BTC deposits on Sep 6.
TON: Token release rumored to begin in ~2 months; public testing from Sep 1. 
BINANCE: First lending subscription fills within 10 mins. BNB showed highest demand (2 secs).
BINANCE: To launch futures trading in Sep. Initial support for BTC/USDT with up to 20x leverage.
BITHUMB: Now supports Binance Chain. Lists first BEP2 token (COS).
DCR: Adding privacy feature based on mixing protocol, CoinShuffle.
LTC: Charlie Lee remains committed to funding the Litecoin Foundation. Claims 2Q donations picked up with the market.

AWS: Problem at the Tokyo facility on Friday caused issues for several exchanges including Binance, Kucoin, and various Chinese exchanges.
LTC: 28% 
decline in hashpower since the halving.
BITMAIN: Rumored to have purchased another 600k mining chips from TSMC.
COINBASE: Integrates wallet with various dApps such as Compound, IDEX, etc.
BITPAY: Partners with Blockchain.com to allow wallet users to pay for goods/services.
CURRENCY: BoE Governor suggests something like Libra should replace the USD as the world’s reserve currency.
HUOBI: Almost 50% of all ETH withdrawals from PlusToken went to the exchange.
LIBRA: At least three companies considering to dissociate themselves from the project due to regulatory issues.
POLKADOT: Testnet, Kusama, goes live with limited functionality.
BITMEX: Insurance fund up 50% in ’19 @ 31k BTC.

BINANCE: Plans to launch, Venus, an infrastructure to issue localized stablecoins for specific countries.
TETHER: Will issue a new stablecoin, “CNHT,” pegged to offshore Chinese yuan.
SEC: Issues cease-and-desist order against ICO Rating. Claims co was compensated ~$100k for promoting securities.
INX: The crypto trading platform intends to raise $130m via a ‘security token IPO’ in the US.
BITMEX: Restricts access to users based in Seychelles, HK and Bermuda; all locations where parent offices are located.
SVG: 2Q deposits +11% q-q. SEN usage blowing up.
ARGO: LSE-listed mining firm to boost electricity supply by >3x by 2020. Deal signed with Canadian data center.
RAKUTEN: Launches exchange via mobile app. Support trading of BTC, ETH, BCH.
BITPAY: Processed >$5m in real estate txs in 1H19.
ANCHORAGE: Adds support for XTZ and XLM. Users can receive staking rewards.

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