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.

Daily News

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

CRYPTO FACILITIES: Boasting sizable volume growth for its physical-settled futures​ after being acquired by Kraken.
COINBASE: To offer fast and free payment services for users via XRP or USDC.
USDT: 38k txs were processed on Mar 31. All time high.
CONSENSYS: Selects 10 startups for its second accelerator program. Themes include data privacy, encryption, healthcare and finance.
JAPAN: Tron gambling dApps to block Japan IPs to comply with local laws.
INDIA: Exchange, Coindelta, will halt operations due to continued restrictions on banking.
AUGUR: Binance research highlights a design flaw. Attackers can purposefully create ‘invalid’ markets.
COINCHECK: Japanese exchange launches OTC services. Min 50 BTC.
ICONLOOP: Integrates blockchain into SBI Savings Bank’s personal authentication service.

BITHUMB: A suspected insider steals 3m EOS (worth ~$13m) and 20m XRP (~$6m). Stolen assets are owned by the company and users’ coins are not at risk.
SEC: Sets firm dates on ETF approvals filed by Bitwise and Vaneck/SolidX. Both decisions will be made in mid-May.
CP: Thai conglomerate denies rumors it has acquired OmiseGo. Markets correct on the news.
BITMAIN: S17 to be released Apr 9.
COINBASE: Offering XTZ staking services for instos. Annual ~6.6% interest.
STABLECOIN: Universal Protocol Alliance to launch euro-pegged coin in Apr. Offers 8% interest for staking.
CANADA: Small town in Ontario will trial accepting BTC for property tax payments.

COINBENE: Makes an official statement that their maintenance is due to wallet upgrades. However, blockchain analysis shows that $105m in crypto left the exchange and is now being sold on various venues.
ETH: Prysmatic Labs nearing Phase 0 release of Ethereum 2.0 (PoS).
LEDGER: Partners with Legacy Trust to provide insto-grade crypto custody. Supports ERC20.
JAPAN: Railway, JR East, to allow travellers to pay in crypto.
OKEX: Partners with Prime Trust to issue compliant stablecoin.
BITMAIN: New 7nm miner planned for end 2019. Expects good sales ahead of Bitcoin halving (May ’20).
ALPHAPOINT: Upgrades tech stack to allow instos to issue asset backed security tokens.
BITREFILL: Starts selling Airbnb voucher codes for crypto.

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