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. This rejection highlights ongoing disagreements over treasury spending and governance priorities within the Cardano ecosystem. Despite the summit cancellation, EMURGO secured approval for Cardano's participation at the TOKEN2049 conference, and founder Charles Hoskinson is considering hosting a smaller community event ahead of 2027 governance discussions. The outcome underscores tensions in how Cardano’s treasury funds are allocated and who controls these decisions.
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 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 red...
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...
