PANews reported on January 6th that, according to The Block, the NFT Paris conference, originally scheduled for February 5th-6th, 2026, was abruptly canceled a month before the event, citing a "market crash." The organizers promised to refund ticket fees within 15 days, but some sponsors reported receiving non-refundable notices. NFT transaction volume has declined by approximately 95% from its 2021 peak, with the continued market downturn considered a major reason.