The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
The coronavirus outbreak in Asia is starting to ripple through the cryptocurrency world in some unanticipated ways — the cancellation of conferences and even the shuttering of facilities that process transactions.
From the informal MeetUps held during the initial days of Bitcoin to the extravaganzas at the height of the crypto bubble, gatherings have been a key
for wooing investors.
NiTROn2020 in Seoul, Hong Kong Blockchain Week 2020 and Token2049 have been postponed. Crypto lending startup DeFiner was reported to have canceled a 10-city tour investor because of the epidemic that has swept through parts of China. Mining pool BTC.top, whose computers help verify transactions, said one of its server farms was shut down by authorities seeking to prevent the virus.