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.
Our daily recap of all things blockchain and digital assets related, to better serve our clients and to inform the public.
SEC: ICO, Gladius Network, settles with the SEC. Project needs to refund investors by request and register its tokens as securities.
WYOMING: Three major bills passed. Digital assets are recognized as property. Tokenizing securities and special depository institutions are allowed.
SAMSUNG: Unveils new Galaxy S10. Confirmed to feature private key storage.
MEW: Partners with Bity to give users an exit-to-fiat gateway. No KYC required up to ~$5k. Supports EUR and CHF.
SPARKPOOL: Freezes 2100 ETH mining reward and asks sender to reach out. May have been caused by a faulty bot.
CRYPTOFUNDS: Median return for 4Q18 was -19%. Still o/pf BTC by 25%. Quants performed best; down just 3%.
KUCOIN: Rumored to be asking projects for ‘volume-boosting’ fees. Threatens delisting.
HASHGRAPH: Sets up governance council with big names including Nomura and Deutche Telekom.
SECURITIZE: Partners with OTCXN to develop an all-in-one solution for security tokens.
ETH: Records highest daily trading vol in over a year.
ETH: Sparkpool receives payout of >2100 ETH for mining just one block. User probably reversed the amount for # of tokens and fees.
BITMAIN: Based on HKEx filing, co should have posted just $200m rev and a $500m loss in 3Q18.
BITGO: Insured up to $100m for both hot and cold wallets. Provided by Lloyd’s of London.
CUMBERLAND: Moving client communication off of Skype to a single dealer platform. Will initially support 10 pairs.
OKEX: Adds 4 new margin trading pairs including BSV.
BITMAIN: Announces new 7nm chip boasting efficiency as low as 30J/TH, a ~29% improvement. Will feature in to-be-released miners, S17 and T17.
CRAIG WRIGHT: Bashes Ethereum in a response to the CFTC’s request for public comments on crypto.
BLOCKSTREAM: Releases code for developers to test Schnorr signatures. Potential to add privacy and further scalability to Bitcoin.
INDONESIA: Lays out regulations for engaging in crypto futures trading. Capital requirements extremely demanding.
BEAM: Receives investment from Japan’s Recruit (like LinkedIn).
CHINA: Guangdong tax bureau to implement digital invoices for e-commerce industry.