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Cardano Foundation cancels 2026 summit after failed treasury vote

2026-05-31 16:34:14

Cardano Foundation canceled Cardano Summit 2026 after an onchain treasury vote seeking 7.8 million ADA, worth roughly $2 million, failed to pass. The vote drew 65.21% of participating DRep stake, short of the 66.67% supermajority required for treasury withdrawals.

ADA-1.72%

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