ChainCatcher news, according to South Korean media reports, the city of Paju in South Korea has announced that it will directly sell the virtual assets of tax delinquents to collect overdue taxes. Currently, the city government has issued notifications for the transfer and sale of virtual assets to 17 individuals who owe a total of 124 million won. If these individuals do not pay their overdue taxes by the end of the month, the city government will transfer their virtual assets, valued at a total of 50 million won, to the city government account and sell them.Paju has previously seized the virtual assets of delinquents, but this will be the first time that such assets are directly sold, making it a first among local governments nationwide. The city government stated that in recent years, virtual assets have rapidly proliferated, and delinquents often use them as a means to hide or transfer assets. This action is intended to convey the message that assets cannot be hidden and will track the property of delinquents for processing.

ChainCatcher news, according to Cointelegraph, the government of Paju City in Gyeonggi Province, South Korea, announced plans to seize and sell cryptocurrencies held by citizens with unpaid taxes. On November 18, local media outlet Yonhap reported that Paju officials had sent notifications to 17 individuals, with a total tax debt of 124 million won, approximately $88,600.The city warned these taxpayers that if they do not settle their debts by the end of November, their cryptocurrency assets on exchanges will be confiscated and sold.

ChainCatcher news, Musk posted a themed video about the first city on Mars, TERMINUS, on social media, with the background voice mentioning: Welcome to TERMINUS, the first Mars city.Previously, Musk replied to a tweet from Dogecoin and My Doge wallet UX/UI graphic designer DogeDesigner, stating "Foundation -> Terminus." It is reported that TERMINUS is the name Musk has chosen for the first city on Mars in the future, and the concept is inspired by Asimov's "Foundation" series of novels.

ChainCatcher news, according to the "Maoming City" WeChat public account, Maoming City (a prefecture-level city in Guangdong Province) is continuously promoting the pilot work of digital RMB. Recently, I learned from the Maoming branch of the People's Bank of China that the party and government agencies and public institutions in Maoming City have fully implemented the distribution of subsidies in digital RMB.In July this year, the Maoming Municipal Finance Bureau and the Maoming branch of the People's Bank of China jointly issued the "Notice on the Pilot Work of Distributing Subsidies in Digital RMB." According to the requirements of the "Notice," the party and government agencies and public institutions in Maoming City began to fully implement the distribution of subsidies in digital RMB starting in September. By the end of October, a total of 359 budget units in the city had implemented the distribution of subsidies in digital RMB, with a cumulative total of 75,883 instances of subsidies distributed to administrative agencies and public institutions, amounting to 81.738 million yuan.At the same time, Maoming is also promoting the quality, expansion, and efficiency of the digital RMB pilot work, expanding multi-channel payment methods. In the next step, Maoming City will continue to promote the distribution of salaries in digital RMB for all budget units in the city. Additionally, it will actively promote the construction of a digital RMB application demonstration area in the eastern section of the Maonan River in Maoming City.

ChainCatcher news, according to The Block, Detroit city officials announced on Thursday that the city will become the largest city in the United States to accept cryptocurrency payments. Residents will be able to use cryptocurrency to pay taxes and other city fees through a secure platform managed by PayPal.Finance Director Nikhil Patel stated that this option will be launched in mid-2025, and further improvements to city payment services will also be made. This is part of a larger strategy for the city of Detroit aimed at exploring innovative technologies that can enhance public services, strengthen citizen engagement, and promote economic growth.

ChainCatcher news, the city of Lugano, Switzerland has issued digital bonds worth 120 million Swiss francs (139 million USD), marking the third bond issued by the city. The city currently issues bonds exclusively through the SIX Digital Exchange (SDX). Due to strong demand, the issuance price of this 9-year 1% coupon bond is above its face value.The digital bonds will be settled using wholesale CBDC. This is the first bond issuance since the Swiss central bank announced the extension of the wCBDC pilot two years ago in June. The joint lead managers for this issuance are Basler Kantonalbank, Raiffeisen, J. Safra Sarasin, and Zürcher Kantonalbank.

ChainCatcher news, Bitcoin mining company CleanSpark has announced that it has completed the acquisition of the U.S. infrastructure company GRIID. After the acquisition of GRIID, mining capacity has increased by 50 megawatts, bringing it closer to the plan of building 400 megawatts of capacity in the coming years.CleanSpark CEO Zach Bradford stated in an announcement on October 31 that he is pleased to announce that the company has completed the acquisition of GRIID Infrastructure following shareholder approval, describing it as a "strategic move that allows us to enhance Bitcoin mining capacity in Tennessee." He also added that this acquisition will enable CleanSpark to build over 400 megawatts of capacity in the coming years.

ChainCatcher news, the director of the Criminal Investigation Department of Bukit Aman, Su Haizir, stated that since 2020, Tenaga Nasional Berhad (TNB) has lost over 440 million ringgit (approximately 101 million USD) due to electricity theft, with losses amounting to 103 million ringgit so far this year. Illegal Bitcoin mining is the main culprit behind most of the cases. (thestar)

ChainCatcher news, Musk liked a tweet from Mars City Terminus community member Muskarx@muskarx again within 12 hours, which stated: "It's not about gender, anyone can be a great engineer! We must build Terminus."It is reported that since its establishment, Mars City Terminus has gained increasing attention for its innovative concepts and active community.According to previous reports from ChainCatcher, Musk liked a tweet from Mars City Terminus community member Rayne.Mars City Terminus contract address: 0x44e18207b6e98f4a786957954e462ed46b8c95be

ChainCatcher news, the zero-knowledge proof data verification platform Opacity Network announced the completion of a $12 million seed round financing, led by Archetype and Breyer Capital, with participation from a16z Crypto Startup Accelerator (CSX), Finality Capital Partners, Bodhi Ventures, and Escape Velocity (EV3). This seed round financing brings Opacity's total funding to $13.4 million, following a pre-seed round financing amount of $1.4 million.

ChainCatcher news, Vitalik Buterin asked under Elon Musk's tweet about Tesla Robotaxi and Robovan: "What are the CO2 levels or other air quality metrics when the Robotaxi and Robovan are fully loaded with passengers?"

ChainCatcher news, Zhao Changpeng posted on the X platform that he will participate in the Binance Blockchain Week in Dubai from October 30 to 31 in a personal capacity.It is reported that this is one of the largest Web3 events of the year.

ChainCatcher news, the RWA platform Jade City has completed the first batch of jade transportation from its mining partners, delivering the jade to storage facilities in Guangdong, China. This transportation marks a key step for Jade City in its plan to profit from jade sales and launch its RWA tokenization platform.The Jade City platform will allow investors to enter the jade market, with the RWA tokenization platform expected to officially launch by the end of 2024.In addition, Jade City plans to issue jade-backed bonds, providing investors with high-yield physical jade tokens.

ChainCatcher news, according to Cointelegraph, New York City’s pro-cryptocurrency mayor Eric Adams has been indicted on corruption charges, becoming the first sitting mayor in New York's history to face charges while in office.The charges were brought after an investigation by the FBI in November 2023, which searched Adams' personal electronic devices, suspecting that he received illegal donations from the Turkish government in 2021.Eric Adams has been a long-time supporter of cryptocurrency, with his first three paychecks being in BTC and ETH, and he pledged to make New York "the center of the cryptocurrency industry" when he was elected mayor in 2021.

ChainCatcher news, Ethereum co-founder Vitalik Buterin revealed that he still needs to address at least two major issues—governance and membership—before making his "popup city" or "network states" concept viable.On September 22, Vitalik spoke at the Network State 2024 conference in Singapore, explaining the theory behind "network states"—a movement where online communities come together to form physical communities and seek political autonomy.Vitalik stated that a popup city is a new medium, allowing for forward-thinking like in science fiction. Productive relationships need to be established between network states, as the tribalism seen on today's social media is zero-sum and ineffective.Vitalik concluded, "Popup city has market-fit products, but we need to address governance and membership issues more. To move further from here, the path depends on the goals; even if we have different objectives, we should strengthen cooperation and carefully consider how to collaborate."