Dubai recently experienced record-breaking rainstorms and severe flooding, significantly impacting the city during a major period for the cryptocurrency industry. The floods coincided with Token2049, one of the largest events on the crypto calendar, leading to its cancellation as well as disruptions to other crypto and blockchain conferences. The extreme weather conditions caused widespread chaos, disrupting travel and infrastructure, and stranding many attendees in neighboring countries like Saudi Arabia and Oman. This also resulted in a loss of business for Indian players in the industry.
One of the biggest events on the crypto calendar, Token2049, was 'liquidated' as flooding disrupted digital-asset industry get-togethers in Dubai https://t.co/IGcgS2Nso2
One of the biggest events on the crypto calendar, Token2049, was 'liquidated' as flooding disrupted digital-asset industry get-togethers in Dubai https://t.co/WkSER3JMCx
One of the biggest events on the crypto calendar, Token2049, was 'liquidated' as flooding disrupted digital-asset industry get-togethers in Dubai https://t.co/t32iqHDDj7
🚨👇Doob-ai Dubai floods disrupt crypto and blockchain events, loss of business for Indian players By @farooqui_maryam and @debanganaghosh4 https://t.co/XTykadEAzY via @moneycontrolcom
According to DL News, record-breaking rainstorms flooded Dubai, disrupting the travel plans of Token 2049 attendees, and the entire city fell into chaos, with many travelers stranded in Saudi Arabia or Oman. https://t.co/ksgFxqbV8e
Dubai was a disaster zone this week—and it just so happens that Decrypt reporter @s_lutz95 was braving the floods to make his way to #TOKEN2049. Here's his experience, with video: https://t.co/FdN6vTXICo
My 24 Hours in the Flooded Crypto Apocalypse of Dubai ► https://t.co/oBTA7YA2KX https://t.co/oBTA7YA2KX
Watch this video to find out everything that is happening with the floods in Dubai 📺The Truth About The Great Crypto Flood of Dubai Like & share! #CryptoNews #Dubai #TOKEN2049 https://t.co/aqMiAPbHWc
Crypto conferences liquidated after biblical flooding in Dubai https://t.co/LjxA4YVDwH
Dubai is grappling with extreme weather conditions that has disrupted the city's infrastructure at a time when crypto elites have descended on the city for several industry conferences https://t.co/uhYEzVsaSX
Every crypto bro's longs are so underwater that they caused a literal flood by coming to Dubai
Oh they have a big NFT conference in Dubai and now all the crypto influencers are hit by a thousand year flood. https://t.co/vINgWVwXDd