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TOKEN2049 Conference Hit by Dubai Flood, Goers ‘Liquidated’ 

Written By Dishita Malvania Dishita Malvania
Published 2024-04-16·Updated 1 year ago
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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
By Dishita Malvania
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Dishita Malvania is a Senior Crypto Journalist at The Crypto Times, based in Ahmedabad, India. She manages extensive daily news operations, tracking global digital asset trends, major international summits, market momentum, and localized exchange environments. Her investigative reporting covers India's evolving regulatory updates and enforcement actions, ensuring comprehensive documentation of regional market upheavals. Dishita holds a B.Tech degree in Computer Engineering, with an additional certification in Digital Media. Before joining The Crypto Times, she built a massive catalog of tech and media coverage. Her core reporting beats include crypto regulation and policy, blockchain security and cybercrime, AI in finance, Web3 infrastructure, and crypto fraud investigations and enforcement actions. Her three years of high-volume digital journalism have shaped her rapid fact-checking capabilities, source communication, and clear reporting style, making her work widely cited across premier global news outlets including Entrepreneur.com, The Independent, The Verge, and Metro.co.uk.

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