midnight

Morpho officially released the "Morpho Midnight White Paper," announcing the launch of a new non-custodial protocol designed specifically for the fixed-rate, fixed-term credit market. At the same time, the complete codebase of Midnight has been open-sourced, and developers can access it directly through GitHub.

According to The Block, Cardano founder Charles Hoskinson announced the launch of the privacy-focused blockchain Midnight, which generated its genesis block on Monday.Midnight utilizes zero-knowledge proof technology (ZK), allowing users to selectively disclose or hide data while supporting compliance requirements. Its hybrid ledger can mix public and private data in a single transaction and supports shielded assets that hide balance and counterparty information. Midnight employs a dual-token model: the governance token NIGHT serves as a store of value for the ecosystem, and holders can earn a renewable Gas token DUST, which is generated proportionally to holdings and can be transferred to others for transaction fee payments. The network opened a one-year NIGHT airdrop to 37 million eligible wallets last December. Early node operators include Worldpay, Bullish, MoneyGram, Google Cloud, and others. Midnight achieves bidirectional asset interoperability with Cardano, and Cardano's staking pool operators can also run Midnight validation nodes.

Cardano founder Charles Hoskinson announced the launch of the privacy-oriented sidechain Midnight, which has generated its genesis block, marking the official entry of the project into the operational phase.Midnight is developed by Input Output Global and is positioned as a "fourth-generation blockchain," aimed at driving real-world assets on-chain through end-to-end privacy capabilities. The network employs zero-knowledge proof (ZK) technology to achieve selective disclosure of data, meeting compliance requirements while protecting user privacy. Architecturally, Midnight has its own ledger, consensus mechanism, and smart contract environment, and connects with the Cardano ecosystem through interoperable design. Its hybrid ledger supports the simultaneous processing of public and private data within the same transaction and provides the ability to conceal balance and counterparty information. Additionally, Midnight introduces a programming language called Compact, lowering the barrier for developers to build privacy applications, and adopts a dual-token model to optimize network usage costs and incentive mechanisms.

According to CoinDesk, the Cardano ecosystem privacy public chain Midnight officially launched on Monday. The project is supported by approximately $200 million in funding from Cardano founder Charles Hoskinson, aiming to address what it sees as core design flaws in the cryptocurrency industry.Midnight is built on the Cardano ecosystem, positioning itself not to compete with Bitcoin or Ethereum, but to operate as a complementary network in parallel, allowing users and businesses to use blockchain more securely and conveniently by hiding sensitive data and reducing operational complexity.Hoskinson summarized the three core issues of the cryptocurrency industry as: insufficient privacy, operational complexity, and lack of compliance. In Midnight's design, users do not need to manage private keys themselves, transactions do not automatically expose balances or on-chain behavior, and in some scenarios, users may not even need to be aware of the underlying blockchain's existence.

Binance will grandly launch the Midnight (NIGHT) Super Earn Coin event on March 16, 2026, at 20:00, lasting until March 25, 2026, at 07:59. Users can subscribe to designated tokens in the Super Earn Coin pool to share a maximum reward of 120 million NIGHT. During the event, more than 480 million NIGHT rewards will be distributed.

Binance will launch the Midnight (NIGHT) spot event on March 13, 2026, at 17:00, where eligible users will have the chance to share a prize pool of 90,000,000 NIGHT token vouchers.The event period is from March 13, 2026, at 17:00 to April 3, 2026, at 17:00. Users must accumulate at least $500 in trading on the eligible trading pairs NIGHT/USDT or NIGHT/USDC to qualify for rewards, and the first 150,000 users can participate.

According to the official announcement, Binance will launch the Binance Earn, Instant Swap, VIP Borrowing, and Margin features for Midnight (NIGHT) on March 11, 2026, at 23:30.Users can purchase NIGHT using a credit/debit card, Google Pay, or Apple Pay through one-click buy, and trade and exchange within one hour after the launch. Full margin and isolated margin trading pairs NIGHT/USDT and NIGHT/USDC will also be launched simultaneously.

According to the official announcement, Binance will launch Midnight (NIGHT) on March 11, 2026, at 23:30 and open trading pairs with USDT, USDC, BNB, and TRY, applicable to seed label trading rules.Users who use BNB to subscribe to principal-protected coin earning or on-chain coin earning products from 08:00 on February 16, 2026, to 07:59 on February 19, 2026, will receive an airdrop allocation, which is expected to be distributed to users' spot accounts within 4 hours after the announcement is made.

According to CoinDesk, Cardano founder Charles Hoskinson announced at the Consensus Hong Kong conference that the long-developed privacy blockchain Midnight will officially launch in the last week of March, operating as a partner chain of Cardano.Midnight is based on zero-knowledge proof technology and employs a "selective disclosure" privacy model: user transaction data is kept private by default and only specific information is disclosed to authorized parties when necessary. This design aims to balance the privacy protection of the blockchain with compliance requirements, supporting different levels of data access views for public, audit, and regulatory purposes. Hoskinson revealed that Google and Telegram have already participated in the collaboration.The concurrently launched Midnight City Simulation testing platform will be open to the public on February 26, simulating a real trading environment through AI agents to validate the network's proof generation and processing capabilities in large-scale scenarios.

According to official news, the data protection blockchain Midnight Network has announced that W3i Software has launched the privacy dollar stablecoin ShieldUSD, aimed at supporting real-world payments and financial workflows (such as payroll, B2B settlements, and institutional-level DeFi transactions) while maintaining privacy.Midnight stated that institutional users can prove the validity and compliance of transactions using ShieldUSD through encryption, without the need to disclose sensitive business or personal data.

The Solana ecosystem prediction market project Space announced that it will launch the $SPACE public sale on December 17 at 18:00 (UTC) (02:00 AM Beijing time on December 18, 2025). This public sale will adopt a fair price discovery mechanism, where all participants will ultimately purchase tokens at the same transaction price, with 100% unlocked at TGE. The public sale aims to raise $2.5 million, with a valuation range of $50 million to $99 million FDV.Space is positioned as a prediction market supporting up to 10x leverage, covering real-world events in crypto, macro, politics, sports, and more, utilizing a CLOB order book and offering a 0% Maker fee rate. The project features a token flywheel mechanism, where 50% of platform revenue will be used for the buyback and burn of $SPACE. The Space team comes from the project UFO, which had a market cap exceeding $1.5 billion in 2021, and the platform is scheduled to officially launch in January 2026.

Binance will launch the Midnight (NIGHT) trading competition on December 11, 2025, at 19:00, and the event will last until December 25, 2025, at 19:00. Participants will be ranked based on the total purchase volume accumulated during the event, and the top 20,500 users will share 34,850,000 NIGHT tokens.In addition, the Binance Alpha token recharge event will also start on the same day and will end on December 18, 2025, at 19:00. The top 18,100 users who complete the recharge will share 19,910,000 NIGHT. Rewards will be distributed before January 1, 2026, at 19:00.

According to the official interface, Binance Alpha has listed Midnight (NIGHT), currently priced at 0.046 USDT.

According to official news, to celebrate the launch of Midnight (NIGHT), MEXC has launched the Airdrop+ event, with a total prize of 50,000 USDT. The event is ongoing and will end on December 15, 2025, at 18:00 (UTC+8).It is reported that MEXC will open NIGHT/USDT spot trading on December 9, 2025, at 18:00 (UTC+8). On the same day at 18:10 (UTC+8), NIGHT U perpetual contract trading will be launched. Leverage of 1-20 times will be supported.

Binance officially announced that the Midnight (NIGHT) airdrop will resume distribution today at 17:30 (UTC+8).

Binance Alpha announces the delay of the Midnight (NIGHT) airdrop, please wait for further official announcements.

Binance Alpha will launch Midnight (NIGHT), and Alpha trading will begin on December 9, 2025, at 17:00 (UTC+8). Users holding at least 230 Binance Alpha points can claim the token airdrop. Claim 600 NIGHT tokens airdrop on the Alpha event page.If the event has not ended, the score threshold will automatically decrease by 10 points every five minutes. Claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, or it will be considered a forfeiture of the airdrop.

OKX will support the distribution of Midnight (NIGHT) airdrop tokens to users holding ADA, BTC, ETH, SOL, XRP, BNB, AVAX, and BAT. The snapshot time is June 11, 2025, at 08:00 (UTC+8), and eligible accounts will receive NIGHT airdrops proportionally. The specific distribution time will be announced separately.

Binance Alpha will launch Midnight (NIGHT) on December 9. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page after trading opens. More details will be announced soon.

According to official news, Midnight (NIGHT) is about to launch spot trading.NIGHT is the native, multifunctional, governance utility token of the Midnight Network. The Midnight Network is a cutting-edge privacy-focused Layer 1 blockchain network launched by Charles Hoskinson.