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Market News

TOKEN2049 Conference Hit by Dubai Flood, Goers ‘Liquidated’ 

Written By:
Dishita Malvania

Last updated: May 1, 2025 11:18 AM
Published April 16, 2024 6:49 PM
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Last updated: May 1, 2025 11:18 AM
Published April 16, 2024 6:49 PM
TOKEN2049 Conference Hit by Dubai Flood, Goers ‘Liquidated’

The TOKEN2049 crypto conference in Dubai, renowned for its global prestige, has encountered significant disruption due to a heavy storm that has inundated both the event venue and the surrounding city, which is planned to run until April 21.

Despite its distinguished lineup of speakers, including Peter McCormack, Vitalik Buterin, and Dovey Wan, attendees are now grappling with the aftermath of severe weather conditions. 

Closed all my perps but still got liquidated ☠️

Thanks Dubai pic.twitter.com/RkVnhHm3JA

— WenMoon 闻月 💚 (@0xWenMoon) April 16, 2024

The UAE has been hit hard, with flights grounded and authorities cautioning residents to remain indoors until Wednesday, as the National Centre of Meteorology forecasts ongoing hazardous weather.

Footage shared by visitors depicts the aftermath of the storm in Dubai, showing flooded streets and submerged cars. Some users humorously remarked on the situation, with one quipping, “Come to Dubai, huge liquidity pool 🌊,” while another mentioned “GM Dubai, surfing over to TOKEN2049.”

A conference attendee also captured footage of the event and provided updates on his Twitter stating the event “got liquidated.”

The event organizers clarified about the event stating that “Entry and exit to Dubai is unaffected and TOKEN2049 Dubai will proceed as scheduled.”

The organizers of the event also conducted a poll today, inquiring about attendees’ transportation plans. Surprisingly, the ‘boat’ option is currently leading with 40% of the votes. 

gm 🌅

Dry and sunny weather forecasted for the rest of #TOKEN2049Week ☀️

But how are you getting around Dubai today? ☔️

— TOKEN2049 (@token2049) April 16, 2024

Despite the recent weather challenges, the organizers assure participants of dry and sunny conditions during the scheduled event.

Also Read: Blockchain for Good Alliance Debuts at Blockchain Life Dubai

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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