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ISW Holdings Initializes Production of 1MW Proceso S19 Pod5ive Data Center Design for Shipment to 100-Megawatt Bit5ive Project

ISW Holdings Initializes Production of 1MW Proceso S19 Pod5ive Data Center Design for Shipment to 100-Megawatt Bit5ive Project

LAS VEGAS, July 29 (Korea Bizwire) — via NetworkWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is thrilled to announce its finalization of the new Proceso S19 Pod5ive data center design, which is capable of powering 1MW of computing mining power. Bit5ive is targeting the [...]

BitHull Waives Off Custom Fees for its Miners

BitHull Waives Off Custom Fees for its Miners

COPENHAGEN, DENMARK, April 16 (Korea Bizwire) – BitHull S.A. ( https://www.bithull.com/ ) is pleased to announce a 100% waiver on custom fees for its new crypto miners BH Miner and BH Miners Box. A technology company developing next-generation hardware for cryptocurrency mining, BitHull S.A has designed these products to make crypto mining simple, convenient and [...]

OKChain Testnet Now Live – with its First DeFi Application OKEx DEX

OKChain Testnet Now Live – with its First DeFi Application OKEx DEX

VALLETTA, Malta, Feb. 11 (Korea Bizwire) — OKEx (www.okex.com), the world largest cryptocurrency spot and derivatives exchange, announced the launch of OKChain, an OKEx-owned commercial public blockchain, in order to contribute to the community with more decentralized applications. At the same time, OKEx also rolled out OKEx DEX, the first decentralized application based on OKChain. [...]

S. Korea Considering Imposing 20 pct Tax on Cryptocurrencies

S. Korea Considering Imposing 20 pct Tax on Cryptocurrencies

SEJONG, Jan. 20 (Korea Bizwire) — South Korea’s finance ministry has been considering imposing a 20 percent tax on income from cryptocurrency transactions, officials said Monday. The Ministry of Economy and Finance has recently ordered its office of income tax to review a taxation plan for cryptocurrencies, according to officials. Previously, the ministry’s office of [...]

S. Korea Imposes US$69.2 mln in Withholding Tax on Bithumb

S. Korea Imposes US$69.2 mln in Withholding Tax on Bithumb

SEOUL, Dec. 30 (Korea Bizwire) — South Korea’s tax agency has imposed 80.3 billion won (US$69.2 million) in withholding tax on Bithumb Korea, according to the largest shareholder of Bithumb Holdings. Vidente Co., the largest shareholder of Bithumb Holdings, said in a regulatory filing on Friday that it confirmed the decision by the National Tax [...]

OKEx Expands into USDT Futures Trading

OKEx Expands into USDT Futures Trading

VALLETTA, Malta, Nov. 5 (Korea Bizwire) – OKEx, the world’s largest futures cryptocurrency exchange, today announced the launch of USDT Futures Trading, a linear futures contract. Served as a virtual derivative product that is quoted and settled in USDT, each contract has a face value of a fixed amount of digital tokens. Traders can long or [...]