Preventions to contain the advance of the coronavirus have
led to the cancellation of several
events, related to bitcoin, cryptomonics and blockchain, a situation that
is affecting the ecosystem in several ways.
On March 6, the organizers of the Bitcoin 2020 Conference
announced that the event would be postponed and instead of being held on March
27, it will be held in the third quarter of this year. It is not the first
event related to cryptocurrencoes, or technologies, that has been postponed as
prevention against the coronavirus epidemic.
The organizers of the Paris Blockchain Week Summit 2020 also explained that, due to the coronavirus, the event planned for March 31 will be held on December 8. As Crypto News Flash reported, IOTA had planned two events for this month. But they shortly announced the cancellation for both events.
Other important events in the area of technology, such as
the I/O Conference organized by Google, the annual event held by IBM, and the
F8 organized by Facebook, have also been postponed in order to avoid bringing
together a large number of people from different parts of the world in one
place.
However, there are other events under consideration and no
decision has yet been made as to whether or not they will be postponed. Among
them is Consensus, scheduled for May 11 in New York. Also on this list is the
Blockchain Summit Latam on March 12 in Panama and the Digital Asset Sutmmit
scheduled for May 13 in London.
The whole cryptoindustry is slowed down
Jiang Zhuoer, CEO of BTC.top commented on the cessation of
operations at one of its mining farms in Xinjiang, China, due to government
quarantine measures to keep the coronavirus situation under control. There is
even a delay in mining equipment shipments because controls have forced several
mining equipment manufacturers in the country to cease operations.
On the other hand, Brian Armstrong, Coinbase’s CEO,
published a tweet asking his employees to work from home as a measure to reduce
the risk of infection. He also published a document in which he explains his
plans regarding the disease.
Ryan Selkis, founder of Messari, a data analysis firm, also
chose to have his employees work remotely, and recommended that they discard
any planned business trips
As a result, the preventive measures being taken as a result
of the coronavirus have ended up affecting more markets than originally
expected.
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