CryptoBearishThe Block · 2h ago7/10
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Cardano Foundation cancels 2026 summit after treasury funding vote falls just short
Cardano Foundation canceled its 2026 summit after a treasury funding proposal failed to secure the required two-thirds majority vote, receiving only 65% support despite endorsements from founder Charles Hoskinson and Foundation CEO Frederic Gregoire. The vote's failure highlights governance challenges within the Cardano ecosystem and raises questions about community consensus on major initiatives.
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