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Alex Dovbnya

Cardano Foundation Drops 2026 Singapore Summit After 7.8M ADA Treasury Vote Fails

The Cardano Foundation has called off its planned flagship summit in Singapore for 2026 after a revised treasury request was rejected in on-chain governance. The proposal sought 7.8 million ADA (about $2 million) and fell short of the 66.67% DRep approval threshold, ending near 65.21%.
ADA
ADA-1.68%
XRP
XRP-1.31%
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