Crypto Bro Fyre Festival: Wild Floods Wash Out Luxe Desert Confab
Cryptocurrency aficionados flying into Dubai this week were looking forward to a few days in the desert sunshine enjoying a series of high-profile crypto events and some glamorous afterparties.
Instead, many have been plunged into a nightmare. The United Arab Emirates has been lashed by the heaviest rainfall the country has seen for 75 years, with some areas seeing over 10 inches of precipitation in under 24 hours, the state’s media office said in a statement Tuesday. Flash flooding around Dubai saw roadways completely submerged and the city’s airport warned travelers to stay away while flights were delayed and diverted.
After the rains began late Monday, the downpour continued until more rain had fallen on Dubai in 24 hours than the region typically records in a year, according to the Associated Press. The timing coincided with the arrival of crypto enthusiasts heading to conferences including Blockchain Life and TOKEN2049 being held in Dubai this week.