Amid a market downturn, 18 violent attacks against cryptocurrency holders in one city led to the cancellation of two major cryptocurrency events.
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NFT Paris was supposed to be a highly anticipated event.
You booked your flight, messaged in group chats, locked in your flight before prices surged, comforted yourself by saying the hotel bill was "work money," and silently prayed the market would bring you a glimmer of hope.
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However, just about a month before the event was scheduled to begin, the organizers announced its cancellation.
On the official website, NFT Paris and RWA Paris 2026 have been marked as cancelled. The statement was harsh, even weary. "The market crash has dealt us a heavy blow," the team wrote, adding that despite "significant cost-cutting" and months of effort, they were still unable to hold the event this year.
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They stated that all tickets would be refunded within 15 days. They also apologized to those who had already booked flights and hotels, and concluded by thanking their staff publicly and discreetly trying to help them through the difficult time.
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If you've been in the cryptocurrency space long enough, you've certainly seen your share of cancellations. Events rise and fall depending on the hype cycle. When funds are plentiful, everyone wants a piece of the action. When funds dry up, conferences are often among the first to be cut.
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However, this cancellation is different because it's intertwined with another increasingly serious reality in France: a surge in cryptocurrency-related kidnappings, burglaries, and extortion cases.
NFT Paris says this is a market story. Many in the community, especially those who have carefully read police records, believe it's also about security, or at least that security has become an indispensable part of people's lives, subtly changing behavior, budgets, and the true meaning of "attending an event."
You can hold both views simultaneously.