- Co-founder of Torus Labs and Ethereum developer Zhen Yu Yong confirms that he was diagnosed with Coronavirus.
- Yong is kept in isolation according to parameters declraed by the World Health Organization and issues a warning to Ethereum Community Conference attendees.
The Coronavirus continues to cause a negative impact on the global financial market and the crypto market. The virus has infected important figures in world politics and in the crypto world. The Ethereum developer confirmed that he tested positive for the disease. Torus Labs co-founder Zhen Yu Yong wrote on his Twitter account that after he fell ill, on March 10 it was confirmed that he has Covid-19.
According to Yong, doctors who treated him speculated that he may have been infected in France, the United States or the United Kingdom. The developer participated in the Stanford Blockchain Conference and Ethereum Community Conference in London. In that regard, Yong made the following warning:
Everyone who had close contact at the EthCC or ETHLONDON with me should take extra precautions and/or get tested. My symptoms turned up the night before last and in general, they are; fever, breathlessness, cough, and a running nose – although you don’t have to have all of them to have it.”
In addition, the developer thanked all those who showed concern about his health. These include the co-creator of Ethereum, Vitalik Buterin. Yong is isolated while recovering, but said that in Singapore the attention process seems to be mature:
I’ve been ferried via ambulance to be tested/warded, at the testing centre care is taken to prevent cross-contamination.
Bitcoin and Ethereum price crash due to Coronavirus uncertainty
Primitive Crypto’s founder, Dovey Wan, has been reporting on the Covid-19 situation in Singapore, China and other parts of the world. According to Wan, the situation in China is under control after health services managed to reverse the contagion curve. In addition, on the fall of the price of Bitcoin and the financial market, Wan published the following.
This is the BIGGEST red candle for Bitcoin since 2014 IIRC
This is the BIGGEST crude price drop since the gulf war
This is the FIRST circuit break of the US stock market since 2008
WHAT A TIME TO BE ALIVE
— Dovey "Rug the fiat" Wan (@DoveyWan) March 12, 2020
Other personalities from the crypto world have reacted to the crash of Bitcoin and the crypto market. Bitcoin podcaster and investor Peter McCormack said that Bitcoin will be fine, although he has expressed concern about the spread of Coronavirus. In a response to a commentary, McCormack said he thinks he is infected and related some of the symptoms he has. However, the podcaster also believes it could be just anxiety. A feeling that seems to spread as fast as Covid-19.
Cardano’s creator, Charles Hoskinson, urged caution after the fall of the main cryptocurrencies and Dow Jones yesterday. Hoskinson said Cardano’s team is working hard and was optimistic about the cryptocurrencies and the solutions they will bring to “the fragile global financial market”.
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