Home Cryptocurrency Torus Labs Co-Founder Tested Positive For COVID-19

Torus Labs Co-Founder Tested Positive For COVID-19

  • Ethereum Web 3.0 development firm, Torus Labs co-founder, Zhen Yu Yong has confirmed that he has been diagnosed with the novel coronavirus (Covid-19) in a tweet on March 11.
  • Yong states that he got tested in Singapore, where he currently resides, and he was taken via ambulance to the testing ward to prevent any cross-contamination.
  • As an Impact of the deadly virus, most cryptocurrencies undergoing strong correction and Bitcoin itself, dropping over 25% in value over the past few weeks. 

Ethereum Web 3.0 development firm, Torus Labs co-founder, Zhen Yu Yong has confirmed that he has been diagnosed with the novel coronavirus (Covid-19) in a tweet on March 11. The Ethereum developer claimed to have had a fever, breathlessness, coughing, and a runny nose, the night before he went in to get tested.

Yong states that he got tested in Singapore, where he currently resides, and he was taken via ambulance to the testing ward to prevent any cross-contamination. The procedure itself was done by swabbing biological samples from the nose.

This is the first reported case of the coronavirus outbreak affecting someone big in the cryptocurrency space, which brings a high amount of caution to the table. Yong advised those ho had attended and come in close contact with him at the Ethereum Community Conference, or ETHLondon would be better off getting themselves tested too just in case.

Upon pondering from where he contracted the virus, Yong’s doctor has the idea that it is probably from France, and there is a lesser chance that it might have been from the Stanford Blockchain Conference or the Ethereum Denver conference that he attended. But it would be advised that the attendees of either conference also get tested as caution is never too overrated. 

The entire cryptocurrency community sent Yong their best wishes hoping that he recovers soon, with the likes of Ethereum founder, Vitalik Buterin, also popping in to wish Yong a speedy recovery.

World Health Organisation (WHO), on March 11, labeled coronavirus as a pandemic due to the exponential rate at which it has been spreading and the number of people the virus has seemed to affect. 

The outbreak has also translated negatively in the cryptocurrency market. As an Impact of the deadly virus, most cryptocurrencies undergoing strong correction and Bitcoin itself, dropping over 25% in value over the past few weeks. 

Other financial markets like the stock market have been seeing even the worst performance with the fastest correction decline in history, dropping 10% in just six days. The virus outbreak, which originated in Wuhan, China, has now affected 126,000 worldwide, with just over 4,620 deaths putting the fatality rate for the virus at 3.66%.

There are still nearly 6,000 people in serious to critical conditions that are still undergoing treatment. The most concerning plot has been the rate at which the virus has spread, growing almost exponentially since it was first given widespread attention in late January.

As the outbreak continues, the WHO advises all individuals to wear masks, wash hands regularly using soap or an alcohol-based hand sanitizer, maintain respiratory hygiene, avoid touching eyes, nose, and mouth and maintain a distance from large social gatherings and such. 

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

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