Crypto conferences liquidated after biblical flooding in Dubai

And the Lord looked down upon the crypto bros and He was grieved in His heart. So the Lord said, "I will send down upon thee a flood to wash out thy crypto conference."

Which is pretty much what has happened not just to one but two such events being held in Dubai this week, Blockchain Life and TOKEN2049.

Rain is not a meteorological phenomenon typically associated with the desert city, and for all its ultramodern architectural marvels, drainage has not been seen as a priority. Yet rain it has – in biblical proportions.

Precipitation began on Monday night also hitting Bahrain, Oman, Qatar, and Saudi Arabia, but the United Arab Emirates bore the brunt. By Tuesday evening, more than 142 mm (5.59 in) had fallen on Dubai. On average, the city gets 94.7 mm (3.73 in) in an entire year.

And it was right on time for thousands of Web3 fans to descend on the city for the self-described "premier" cryptocurrency conferences. "Liquidity" jokes abounded as attendees posted footage from the TOKEN2049 floor showing people tiptoeing about in ankle-deep water. The event is hosting speakers including Bitcoin.com founder Roger Ver, Telegram CEO Pavel Durov, Binance CEO Richard Teng, and even our old friend Bryan Johnson, though who knows how he is going to tie his "I'm never going to die" shtick to the blockchain.

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