logo

Cardano (ADA) Founder Reveals Long-Awaited Airdrop Details! Will Be Distributed to 37 Million Wallets! – Some Users Won't Be Able to Receive Airdrop!

By: bitcoin sistemi|2025/05/15 17:30:08
0
Share
copy
Cardano (ADA) Founder Reveals Long-Awaited Airdrop Details! Will Be Distributed to 37 Million Wallets! – Some Users Won't Be Able to Receive Airdrop! Cardano (ADA) founder Charles Hoskinson has revealed the launch of his privacy-focused sidechain Midnight and new details about his airdrop Glacier Drop. Cardano (ADA) founder Charles Hoskinson announced the launch of Cardano’s privacy-focused sidechain Midnight and new details about its upcoming airdrop, Glacier Drop, at Consensus 2025 in Toronto. According to Coindesk, Hoskinson announced that NIGHT governance tokens and DUST privacy transaction tokens will be distributed to approximately 37 million users on 8 major blockchains. Cardano’s privacy sidechain Midnight will airdrop NIGHT and DUST to 37 million wallets across 8 blockchains, including Bitcoin (BTC), Ethereum (ETH), ADA, XRP, Solana (SOL), BSC, AVAX, and POL, excluding VCs. In a notable move, unlike most airdrops, nothing will be given to venture capitalists (VCs) this time around. Hoskinson made it clear that no venture capital firms will be involved in the airdrop process. Instead, the entire airdrop will go only to retail users, who will be free to hold or trade the tokens. This means that both NIGHT and DUST tokens will only be issued to retail users. Midnight is currently on testnet, with a mainnet launch expected in late 2025. How Does Midnight Work? Midnight is not just about privacy. It offers a new economic model that allows developers from different blockchain ecosystems to securely interact on the blockchain without the need for token conversion. Developers can pay network fees in their native tokens, such as ETH, SOL, or BTC, as this model is reportedly designed to encourage collaboration across ecosystems rather than competition. *This is not investment advice.

You may also like

Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil

The narrative of RWA is not about traditional finance capturing crypto users, but rather crypto capturing traditional users.

Morning Report | Kraken freezes IPO plans due to difficult market conditions; Polymarket acquires DeFi infrastructure Brahma; World launches AgentKit integrated with Coinbase

Overview of Important Market Events on March 18

Bitmain, mired in controversy, has found its strongest backing in the United States

Bitmain has been mired in controversies over the safety of its mining machines for years, but this has not stopped it from engaging in business cooperation with key members of the U.S. presidential family.

Full text of the Federal Reserve's decision: Maintain interest rates unchanged and expect one rate cut within the year, with Governor Mulan casting a dissenting vote

The Federal Reserve has again kept interest rates unchanged, stating that the situation in the Middle East has an uncertain impact for now. Governor Milan believes that interest rates should be cut by 25 basis points. The dot plot still indicates an expected rate cut once this year.

Guarding billions in assets, yet unable to sustain itself: Tally bids a dignified farewell after five years

Tally chooses to take proactive stop-loss measures instead of stubbornly selling tokens and making promises that cannot be fulfilled.

SEC’s Stance on Crypto Assets: Most Not Considered Securities

Key Takeaways: The SEC’s new interpretation categorizes most crypto assets as non-securities under federal law. This move aims…

Popular coins

Latest Crypto News

12:42

California court rejects Coinbase users' request to block IRS subpoena

The Federal Court for the Northern District of California recently dismissed Coinbase user Roger Metz's attempt to block the IRS subpoena.Metz claimed that the IRS's subpoena requiring Coinbase to hand over financial records related to its 2022 tax audit violated his privacy rights and procedural ru...
12:42

Slow Fog CISO: The Coinbase Commerce asset recovery page sitemap also has flaws, posing a phishing attack risk

After Slow Mist founder Yu Xian disclosed that the Coinbase Commerce asset recovery page directly requires users to enter plaintext mnemonic phrases, Slow Mist's Chief Information Security Officer 23pds added that the sitemap of that page also has flaws, allowing malicious attackers to easily use to...
12:42

Data: If BTC breaks through 74,643 USD, the cumulative short liquidation intensity on mainstream CEX will reach 1.842 billion USD

According to Coinglass data, if BTC breaks through $74,643, the cumulative short liquidation intensity on mainstream CEX will reach $1.842 billion. Conversely, if BTC falls below $67,727, the cumulative long liquidation intensity on mainstream CEX will reach $1.172 billion.
12:42

Data: If ETH breaks through 2,317 USD, the cumulative short liquidation intensity on mainstream CEX will reach 1.172 billion USD

According to Coinglass data, if ETH breaks through $2,317, the cumulative short liquidation intensity on mainstream CEX will reach $1.172 billion. Conversely, if ETH falls below $2,099, the cumulative long liquidation intensity on mainstream CEX will reach $727 million.
12:42

Data: The Gate contract open interest reached 10.215 billion USD, ranking among the top three in the industry

According to Defillama data, Gate's contract positions in the past 24 hours reached $10.215 billion, ranking in the top three across the network.
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com