The outbreak of Coronavirus has deeply affected lives and businesses in China.

One of these is the TOKEN2049 crypto conference that was slated to take place in Hong Kong in March this year.

It has now been pushed back to late October.

TOKEN2049 crypto conference has been postponed till October

According to an announcement on February 6, the TOKEN2049 crypto conference that was initially intended to take place in Hong Kong on March 17-18 has been pushed back to late October because of the Coronavirus outbreak.

The organizers informed that they have been surveying the global developments around the Coronavirus over the past few weeks and have decided to push back the conference.

Recall that a few days ago, crypto exchange Binance also had to postpone its Binance Blockchain Week Vietnam, initially planned for February 29 to March 4 in Ho Chi Minh City, Vietnam.

They had written on February 3, “At Binance, we prioritize everyone’s health and safety during our events, and amid this global public health emergency, we have committed to do the right thing and protect would-be attendees from health risks associated with public gatherings. Thus, we have to postpone this event.”

For now, no new dates for the Vietnam event have been announced.

Crypto industry joining in the Coronavirus fight

As the government all over the world are trying their best to contain this mysterious virus that originated from the Chinese city of Wuhan, the crypto industry is also trying their best to help the cause.

Binance, one of the leading crypto exchanges, donated $1.5 million to help the victims of the Coronavirus.

Crypto exchange, Huobi also established HuobiCharityto help fight Coronavirus.

Tron Foundation founder, Justin Sun also announced that they have partnered with several logistics companies to distribute medical supplies and aid.

Update on Coronavirus

According to CNN, the coronavirus, which is officially known as “2019-nCoV”, has now infected at least 31,000 people in over 25 countries.

The United States now has more than 12 actual cases, while the United Kingdom has three.

In Hong Kong, the government is mandating people entering mainland China to “self-quarantine” for 14 days which is the incubation period of the virus.

The island now has about 24 cases of viral pneumonia, and recently recorded one of the first deaths from the disease outside China.

Also, Doctor Li Wenliang, the doctor who tried to inform about the viral infections has died.

On Friday, Wenliang died after contracting the same illness he had warned medical school classmates about, the coronavirus.

He has joined over 600 other Chinese who have died from this infection.