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Cardano Founder Says β€œWe Have Huge Things Coming for Midnight,” Reaffirms NIGHT Strength After Wanchain Bridge Exploit

Cardano Founder Says β€œWe Have Huge Things Coming for Midnight,” Reaffirms NIGHT Strength After Wanchain Bridge Exploit

Cardano founder Charles Hoskinson has emphasized that Midnight’s long-term fundamentals remain strong despite the recent Wanchain bridge exploit that briefly rattled the market. In a post on X, the Cardano founder said Midnight continues to hold significant fundamental value and revealed that the project has a roadmap packed with major upcoming developments.

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Cardano: Midnight Crashes 35% After 515M NIGHT Exploit Rocks Wanchain Bridge

Cardano: Midnight Crashes 35% After 515M NIGHT Exploit Rocks Wanchain Bridge

The Midnight ecosystem came under intense scrutiny after an unusually large transfer of NIGHT tokens triggered a sharp market sell-off, sending the token's price tumbling. According to on-chain analysis, a Wanchain bridge contract originally funded in December 2025 transferred 515.2 million NIGHT, the native token of Cardano's partner chain Midnight, within just eight minutes.

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Japanese Financial Giant SBI Holdings Inherits 1.1 Trillion Shiba Inu Through Coinhako Acquisition

Japanese Financial Giant SBI Holdings Inherits 1.1 Trillion Shiba Inu Through Coinhako Acquisition

Japanese financial giant SBI Holdings has gained exposure to a substantial Shiba Inu holding following its acquisition of Singapore-based cryptocurrency exchange Coinhako. The acquisition, carried out through SBI's subsidiary, SBI Ventures Asset, received final approval from the Monetary Authority of Singapore (MAS), allowing the transaction to close.

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Cardano Founder Says Midnight Japan Announcement Is Still on Track Despite SBI–Solana Deal

Cardano Founder Says Midnight Japan Announcement Is Still on Track Despite SBI–Solana Deal

Cardano founder Charles Hoskinson has reassured the community that a major announcement involving Midnight is still on the way. His comments came after rumors emerged that the highly anticipated Japanese partnership he teased in June had collapsed following a partnership between Japanese financial giant SBI Group and the Solana Foundation.

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Cardano Foundation Joins Ripple, Visa, and Google in x402 Initiative to Drive AI-Powered Payments

Cardano Foundation Joins Ripple, Visa, and Google in x402 Initiative to Drive AI-Powered Payments

The Cardano Foundation has joined the newly launched x402 Foundation as an Associate Member, strengthening Cardano's position in the next generation of internet-native digital payments. The announcement places the Cardano ecosystem alongside some of the world's largest technology, payment, and blockchain organizations as they collaborate to develop an open standard for machine-to-machine and AI-powered transactions across the internet.

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ADA Holders Criticize Transfer of TOKEN2049 Responsibility From EMURGO to Cardano Foundation

ADA Holders Criticize Transfer of TOKEN2049 Responsibility From EMURGO to Cardano Foundation

The ADA community has reacted strongly after Intersect confirmed that responsibility for delivering Cardano's presence at TOKEN2049 Singapore will shift from EMURGO to the Cardano Foundation. The decision has sparked a governance debate across the Cardano ecosystem, with several community members arguing that the transfer bypasses the treasury governance process approved by Delegated Representatives (DReps).

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