Gate.io to Begin BTT Perpetual Contract Trading

The maximum deposit amount for this contract is limited to 1 BTC, but it can be increased
07 February 2019   747

Cryptocurrency exchange Gate.io added perpetual contracts for BitTorrent tokens (BTT) with the possibility of leverage up to 100x. This is reported on the website of the trading platform.

The contract is available in pair with the US dollar (BTT / USD). The maximum deposit amount for this contract is limited to 1 BTC by default, however, it can be increased over time depending on the market conditions and the rating of one or another investor.

Perpetual contracts are similar to futures. They also allow you to open positions for a fall using leverage, however, unlike futures, they have no expiration date.

Note that the BitTorrent project performed a successful IEO on the basis of the Binance Launchpad platform - in just 18 minutes $ 7.2 million was collected. It was enshadowed with some technical issues.

Samsung to Invest $2.9M in Ledger

The fact of a round of investments was confirmed by a spokesman for Ledger, but he did not disclose details
25 April 2019   42

The developer of hardware wallets Ledger attracted 2.6 million euros ($ 2.9 million) from the South Korean conglomerate Samsung. The company's investment valuation reached $ 290 million, according to the French edition of Capital.

Thus, the very fact of a round of investments was confirmed by a spokesman for Ledger, but he did not disclose details. Co-founder Eric Larchevêque, who had recently transfered power to the new CEO Pascal Gauthier, also did not shed light on the details of the transaction.

Larchevêque himself will focus on the company's strategy, cooperation with regulators and legal compliance as the executive chairman.

Ledger raised $ 7 million in a round of financing for Series A in early 2017, which was headed by MAIF Avenir, a division of large French insurance company with the support of Xange, Wicklow Capital, GDTRE, Libertus Capital, Digital Currency Group, The Whittemore Collection, Kima Ventures, BHB Network and Nicolas Pinto as an individual investor.

At the beginning of 2018, a round of financing for Series B took place, within which the hardware wallets maker raised $ 75 million. The round was led by Draper Esprit, the other participants were Draper Venture Network, FirstMark Capital, Cathay Innovation and Korelya Capital.