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.

BCH: Pricing on Coinmarketcap for BCH is adjusted to BCHABC only.
OKEX: Under scrutiny for market manipulation as the exchange forced early settlement on its BCH futures contracts without warning.
JAPAN: FSA plan to regulate wallet providers. Will be in-line with FATF intl standards for AML + financing terrorism.
BCH: Kraken credits users with BCHSV but warns of high risk as no wallets support replay protection. The exchange does not guarantee perfect custody.
BITFARMS: Israeli mining co files to go public in Canada.
RIPPLE: Malaysia’s CIMB Group joins RippleNet to boost existing remittance service, SpeedSend.
IBM: Partners with Columbia University to launch technology accelerator. Will support 10 startups each.

* BINANCE: To list USDC on Nov 17.
* BINANCE: Requesting Iranians to withdraw funds ASAP due to sanctions.
* BITGO: Adds USDC and GUSD to its custody offerings in Nov.
CANAAN: Miner manufacturer likely to delay its IPO. Lowering target valuation to $400m.
+ OKEX: Parent co launches fiat-to-crypto exchange in Argentina.
ICX: Circulating supply increases nearly 20% in recent weeks. Some tokens unlocked for strategic partners and advisers.
+ NY: Grants BitLicense to NYDIG allowing co to offer custody and trade execution services.
+ KUCOIN: Raises $20m in Series A led by IDG, Matrix Partners and Neo Global Cap. Co will expand to new countries in Q4 such as Vietnam, Turkey, Russia, etc.
* BITMAIN: Co clarifies board is restructuring to meet regulatory requirements. Jihan will still lead as co-chair.
* BITFINEX: Will support pre-fork trading for BCH using ‘chain split tokens’ (BAB, BSV). When the hard fork occurs, margin trading will be cancelled.
* GERMANY: Crypto exchange, Bitcoin.de, acquires Tremmel, an investment bank.
* GSX: Partners with HKEX-listed Chong Sing Fintech Holdings and blockchain co, Prime Fintech, to build a blockchain for issuance, trading, clearing, settling of digital securities.
TRON: 99% of dApp transactions are gambling related.
+ DASH: Conducted a stress test on Nov 11. Recorded >3m tx in a 24hr period.
ETH: Susquehanna research indicates GPU mining is no longer profitable as of Nov.

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