The Cardano Foundation has canceled its 2026 annual summit after a treasury funding vote fell just short of the required two-thirds supermajority, receiving 65.21% approval. The revised funding request of 7.8 million ADA (around $2 million) was a reduced version following an earlier rejection of a larger 14 million ADA proposal. This vote highlights growing resistance among Cardano's delegated representatives to treasury spending by founding entities. However, EMURGO's separate proposal for the TOKEN2049 conference in Singapore was approved, ensuring Cardano's presence at the event in October.
The Cardano Foundation has teamed up with the Brazilian Olympic Committee (COB) to develop and test blockchain, artificial intelligence (AI), and Internet of Things (IoT) technologies in Brazilian sports over a three-year roadmap. The partnership aim...
Cardano's active addresses increased by 14% to 17,500 even as its price remained weak, driven by whale accumulation ahead of catalysts like CME's 24/7 crypto futures launch and upcoming ETF eligibility. On May 29, a summit funding request narrowly fa...
Cardano has partnered with Token Terminal to provide dedicated dashboards, API access, and standardized financial metrics for its blockchain ecosystem. This collaboration aims to improve Cardano's data transparency and comparability with rivals like ...
The Cardano Foundation has canceled its October summit in Singapore after a funding proposal requesting 7.8 million ADA (about $1.84 million) failed to reach the required two-thirds approval from the governance community, securing only 65.2% support....
The Cardano Foundation canceled its 2026 flagship summit in Singapore after a revised treasury funding proposal requesting 7.8 million ADA (~$2 million) failed to achieve the required 66.67% approval from the network's decentralized governance voters...
