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.

Supported Digital Assets


Daily News

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

SEC: Outlined the reasons broker-dealer applications are on hold for the crypto industry in a joint statement with FINRA.
FACEBOOK: Assures lawmakers co will not have access to personal data through Libra. KYC/AML info to be processed by wallet providers.
POLONIEX: Launches fiat support via bank account or credit card.
MT GOX: Fortress investment offering to buy creditor claims @ $900 per BTC.
ZOOM: Conf call app vulnerability found. Malicious websites could join calls without permission and access webcams.
BINANCE: Confirmations required for deposit of BTC, ETH reduced.
LG: Files trademark “ThinQ Wallet”. Can anticipate crypto wallets in upcoming smartphones.
OPENFINANCE: Tokenizes and lists crypto HF, Protos.

SINGAPORE: Plans to remove GST on certain cryptos. Would come into effect 2020.
KUMEX: Offering negative fees for makers. Index to come from six major exchanges.
SHAPESHIFT: Launches non-custodial platform for users to trade/track multiple currencies. HW wallet required.
TRON: Police were called to protect the Beijing office from protestors. The crowd were victims of a similar named ponzi.
CHINA: Facebook’s Libra is forcing the central bank to develop its own cryptocurrency.

BCHAIN: Prepping for a hardfork scheduled to occur on Jul 15. Key changes include: 1) delisting proposals, 2) time locking tokens, 3) maker/taker concepts, 4) offline signing of txs.
TETHER: Mints 100m USDT (ERC20). Most likely related to Binance’s move to remove Omni USDT withdrawals.
BINANCE: Reports BTC correlation with alts fell significantly in Q2. BTC dominance at levels similar to the start of the ’17 bull run.
KUCOIN: To launch public beta of independent derivs platform on Jul 8. BTC perpetual contracts available with up to 20x leverage. Revenue shared to KCS holders.
CME: Adds itBit to its ETH index. Mkt anticipating launch of futures.
TEZOS: Latin American IB, BTG Pactual, plans to utilize network to issue STOs. Deal pipeline ~$1b.
VECHAIN: >$5m open mkt buyback to start Jul ’19.
MONERO: Several vulnerabilities being patched. Includes 1) special blocks for fake deposits, 2) crashing nodes via heavy data requests.
ELECTRUM: Close to new release that will support Lightning.

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