News

ChainCatcher news, according to Decrypt, the U.S. Treasury Department has announced sanctions against individuals and companies from North Korea, Russia, and China for allegedly stealing cryptocurrency from U.S. companies by posing as IT workers. This operation involves a global network of North Korean IT workers, which has raised hundreds of millions of dollars for North Korea over the past few years. This network infiltrates foreign companies by planting spies disguised as remote workers to steal cryptocurrency from within. The sanctions target a Russian national, a North Korean official based in Russia, a team of North Korean IT workers, and a Chinese shell company. These funds have been used to support North Korea's nuclear weapons and ballistic missile programs.

ChainCatcher news, according to Cointelegraph, the Paraguayan government will invest $6 million in tokenized equity on Polkadot to develop the Asunción Innovation Valley, with projects including a hotel, a university, and a data center. This investment aims to promote local economic development. In terms of tokenized equity, this project will utilize blockchain technology to provide transparency and a democratized way to access equity. The project is expected to be completed in 2025, but specific implementation details and timelines have not yet been disclosed.