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Cardano Community Votes Down 7.8M ADA Summit Budget, Killing Foundation's Flagship 2026 Event - "The Defiant"
Cardano DReps rejected a 7.8M ADA Summit 2026 treasury ask at 65.21%, just below the 66.67% supermajority. The Foundation will cancel the Singapore event.
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theblock.co
Cardano Foundation cancels 2026 summit after treasury funding vote falls just short
The measure needed two-thirds support but got only 65%, even after late endorsements from Cardano's founder and the Foundation CEO.
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coindesk.com
ADA governance vote kills Cardano Summit 2026, approves smaller TOKEN2049 plan
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.
