Cardano’s (CRYPTO: ADA) community voted down funding for the Cardano Summit 2026, with the proposal falling short of the required two-thirds supermajority and se

The measure needed two-thirds support but got only 65%, even after late endorsements from Cardano's founder and the Foundation CEO.

The Cardano Foundation's flagship conference was scrapped after a funding proposal failed to secure the two-thirds support required under the blockchain's new governance system.