It seems like that is the case but we do not know that yet since mostly are just rumors, i wanted to see an official update regarding this but with the rumor of cancellation it seems that it affected the alt coins market. Prices went up as soon as the news or rumors hit. I wonder if it starts i mean that the cancellation will not happen but was just put on hold it may affect the bitcoin market again and price will break through 8K.
so this mean there is no official update , just rumors are in market . that is not good for people who are getting panic quickly