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Futures
Futures
Hundreds of contracts settled in USDT or BTC
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NEW
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NEW
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Auto-invest on a regular basis
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Pledge one crypto to borrow another
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VIP Wealth Hub
Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Adam Back sues Xindong Technology for $28 million arbitration ruling
Gate.io News bot, TheMinerMag reported that Adam Back and two of his affiliates are applying to a U.S. court to enforce the Hong Kong International Arbitration Center’s arbitral award against the (Innosilicon) of Innosilicon. According to the complaint, Innosilicon had found hidden cracks in the mining machine chip in March 2018, but still completed the delivery in September 2018.
The HKIAC found that Innosilicon had breached all three contracts and ordered it to pay Blockstream 425.98 BTC, Thigmotropism 1,393.79 BTC, and Back 51.84 BTC.