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TOKEN2049 is the Crypto event, organised annually in Dubai and Singapore, where founders and executives of the leading Web3 companies and projects share their view on the industry. TOKEN2049 brings together the global crypto industry, uniting entrepreneurs, investors, developers, industry enthusiasts and global media - and creates unparalleled networking opportunities.
Cardano Foundation Cancels 2026 Summit Amid Rejection of Treasury Funding Proposal
According to The Block, the Cardano Foundation confirmed that the Cardano Summit 2026 will not be held this year, as the on-chain treasury funding proposal failed to reach the required supermajority threshold of 66.67%. The revised proposal sought a grant of 7.8 million ADA—approximately $2 million—but ultimately secured only 65.21% support from DReps’ staked voting power and was therefore rejected. The summit had been scheduled to take place in Singapore on October 5–6. Separately, EMURGO’s sponsorship proposal for TOKEN2049 has been approved.
Binance Offers Temporary Relocation Options for UAE Employees Amid Regional Conflict
According to CoinDesk, amid the Iran conflict, Binance has offered its approximately 1,000 employees in the UAE the option of temporary relocation to Hong Kong, Tokyo, Kuala Lumpur, or Bangkok. Binance stated that its UAE operations continue normally, with some employees choosing to remain locally, and global user services remain unaffected. This measure follows regional unrest that has disrupted major cryptocurrency, business, and sports events in the UAE—including the postponement of TOKEN2049 Dubai to 2027 and the cancellation of TON Gateway due to security and travel concerns. The UAE government reported having intercepted hundreds of missiles and drones since late February. Binance is deepening its collaboration with local authorities through Abu Dhabi’s global regulatory framework, and its global operations are backed by Abu Dhabi.
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Huobi HTX Launches 13th Anniversary "Resilience Towards the Future" Campaign, Million-Dollar Prize Pool Opens Simultaneously
According to the official announcement, on the occasion of the 13th anniversary of Huobi HTX, the platform will launch the "13th Anniversary Carnival Month — Resilience Meets Future" event from 13:13 on August 13 to 13:13 on September 13 (UTC+8), inviting global users to participate in growth challenges. During the event, users can light up Future Gems by completing designated tasks and unlock anniversary benefits level by level. Grand prizes include a 2,000 USDT Future Exploration Fund, a Singapore TOKEN2049 flight and hotel package, 13th Anniversary High-End Limited Gifts, and more. In addition, Huobi HTX is also simultaneously launching a Million Prize Pool Referral Event, covering trading scenarios such as spot, contracts, and leverage. Users can participate in sharing the rewards by completing designated tasks.
Cardano Foundation Cancels 2026 Summit Amid Rejection of Treasury Funding Proposal
According to The Block, the Cardano Foundation confirmed that the Cardano Summit 2026 will not be held this year, as the on-chain treasury funding proposal failed to reach the required supermajority threshold of 66.67%. The revised proposal sought a grant of 7.8 million ADA—approximately $2 million—but ultimately secured only 65.21% support from DReps’ staked voting power and was therefore rejected. The summit had been scheduled to take place in Singapore on October 5–6. Separately, EMURGO’s sponsorship proposal for TOKEN2049 has been approved.
Binance Offers Temporary Relocation Options for UAE Employees Amid Regional Conflict
According to CoinDesk, amid the Iran conflict, Binance has offered its approximately 1,000 employees in the UAE the option of temporary relocation to Hong Kong, Tokyo, Kuala Lumpur, or Bangkok. Binance stated that its UAE operations continue normally, with some employees choosing to remain locally, and global user services remain unaffected. This measure follows regional unrest that has disrupted major cryptocurrency, business, and sports events in the UAE—including the postponement of TOKEN2049 Dubai to 2027 and the cancellation of TON Gateway due to security and travel concerns. The UAE government reported having intercepted hundreds of missiles and drones since late February. Binance is deepening its collaboration with local authorities through Abu Dhabi’s global regulatory framework, and its global operations are backed by Abu Dhabi.