North Korea is reportedly planning to hold a conference devoted to blockchain technologies and cryptocurrencies. The event, said to have been scheduled to take place in October, is expected to bring experts from around the world who will meet representatives of North Korean enterprises.
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DPRK’s First International Crypto Event?
The Democratic People’s Republic of North Korea (DPRK), the hermit communist state that suffers from bad publicity in the crypto space, is organizing a cryptocurrency and blockchain conference in Pyongyang in October. This is according to a report by the U.S.-based Radio Free Asia (RFA) quoted by the South Korean Yonhap news agency.
The first Korean International Blockchain Conference will be a two-day event in the capital city of the DPRK, starting on October 1. According to the report, the conference will bring together experts in the field from around the world. Participants are also expected to hold meetings with representatives of the North Korean state-run entities on October 3.
Speaking on condition of anonymity, a security expert told the radio station that North Korea appears to be trying to show off its capabilities when it comes to cutting-edge crypto and blockchain technologies.
New Hacking Allegations May Overshadow the Conference
The news about the upcoming Pyongyang event comes after another report implicating the communist regime of exploiting digital security weaknesses in the West to acquire crypto capital through illicit means. Lazarus Group, a cybercrime syndicate often associated with North Korea, has deployed new malware adapted to infect multiple operating systems.
Researchers at the cyber security firm Kaspersky claim the presumed North Korean hackers have recently initiated a new campaign named “Applejeus” using a trojan called Fallchill. The cryptocurrency-stealing software
