Over the past few months, the news of coronavirus-caused illness called COVID-19 spread all over the world.
Not surprisingly, it affected crypto and the tech industry at large due to how widespread the disease has become.
Coronavirus and the crypto market
Regarding the crypto space, Bitcoin was able to surpass the psychological level of $10k more than once, but massive price drops followed.
Analysts blame the price drops on more factors, which include the corrections before the halving, which is scheduled for May, whales, a recent US SEC decision to deny another ETF, and, last but not least, on the global fears due to the coronavirus.
Coronavirus is one of the biggest concerns throughout the world. The overall cases have already surpassed 93,000, but it’s also important to note the fact that almost 51k people are cured so far.
The illness began in China, but at the moment of writing this article, a lot of countries are affected.
The numbers will continue to grow among the infected people, but thankfully, they are also growing for the recovered ones as well.
Tron event is postponed
As a result, niTROn, the Tron-themed crypto event put on by Justin Sun’s Tron Foundation, has just revealed to have been “postponed”:
“We are very sorry to inform you that #niTROn2020 will be postponed due to the ongoing #coronavirus epidemic in Wuhan, China. The safety and health of our community and the wider public is our top priority. The new date will be decided based on the ongoing situation.”
The event organizers are offering refunds to the people who have previously bought tickets or an alternative choice, which includes upgrades, according to the latest info coming from EthereumWorldNews.
When you head over to the event’s official website, you are greeted by a message that details what happened.
You can read the following as well:
“If you purchased tickets already, you can choose to refund or:
1) Free upgrade to VIP for ordinary ticket holders;
2) 1 additional VIP ticket for VIP ticket holders;
3) If you purchase your ticket from February 2nd to April 1st you can enjoy Buy 1, Get 1 free promotion.”
niTROn is not the only crypto event to have been affected by the outbreak. Wordlwide events have been postponed so far.