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via BeInCrypto · By BeInCrypto Editorial

Cardano Summit 2026 Cancelled After Community Vote Rejects Treasury Proposal

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BE
BeInCrypto Editorial
(09:33 AM UTC)
1 min read
EW
Approved byEmily Watson

The Cardano Foundation has cancelled its annual Summit, which it had scheduled for Oct. 5–6 in Singapore. The Cardano (ADA) community stakeholders voted against funding the event from the network’s treasury.

The rejected proposal had requested 7.8 million ADA to cover the cost of the two-day event. This amount equals roughly $1.83 million. The vote outcome reflects Cardano’s on-chain governance…

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BeInCrypto Editorial · BeInCrypto

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