Hoskinson Confirms Midnight Mainnet Launch in March

TheNewsCryptoPubblicato 2026-02-12Pubblicato ultima volta 2026-02-12

Introduzione

Charles Hoskinson, founder of Input Output Global (IOG), announced that the Midnight privacy-focused blockchain will officially launch in the last week of March. The announcement was made during his keynote at Consensus Hong Kong. Midnight uses zero-knowledge proofs to enable selective data disclosure, allowing users to share specific information while keeping the rest private. It will function as a partner chain to Cardano, balancing privacy and regulatory compliance. Hoskinson also revealed the Midnight City Simulation, an interactive platform demonstrating how the network handles transaction privacy and scalability. The test involves AI-driven agents simulating real-world demand, proving the network’s readiness for mainstream use. Key partners include Google and Telegram.

Charles Hoskinson, the founder of a leading blockchain and research company, Input Output Global, publicised on February 12 that Midnight, the highly anticipated privacy-focused blockchain of the company, will officially roll out in the last week of March.

The announcement came amid the keynote speech of Hoskinson at Consensus Hong Kong, indicating a significant step forward in IOG’s efforts to take data protection and regulatory compliance to decentralised systems.

In the announcement, he stated that, “We have some significant partnerships to help us run it, and Google is one of them, and Telegram is another. We are highly excited there is more that will come.”

The Midnight City Simulation

Midnight leverages zero-knowledge (ZK) proofs to permit selective disclosure. Think of it as a smart curtain for blockchain data, permitting users to share only what they select while keeping the remainder private.

It acts as a partner chain to the smart contract platform Cardano and offers privacy and regulatory compliance for decentralised applications. Along with the mainnet timeline, Hoskinson revealed Midnight City Simulation, an interactive platform providing a glimpse of how Midnight offers scalable privacy via selective disclosure.

Rational privacy makes sure that transaction data is still private by default, while particular information can be shared with authorised parties when needed. This flexibility helps in balancing transparency and confidentiality on the blockchain via different disclosure views, specified as public, auditor, and god, each having a different access level.

The simulation, organised at Midnight City, became functional at 10:00 a.m. Hong Kong time Thursday; however, public access to the simulation stays prohibited until Feb 26, as per the press release.

The simulation, operating on the Midnight network and enrolling AI-driven agents that collaborate to make a steady flow of transactions, indicates how finely the blockchain can perform real-world demand and scales according to it.

IOG mentioned that this test shows the capability of the network to keep generating and processing proofs at scale, a significant step in proving it is ready for real-world use.

Highlighted Crypto News Today:

Human API Launches Platform Enabling Direct AI-to-Human Task Coordination

Domande pertinenti

QWhen is the Midnight mainnet scheduled to launch, according to Charles Hoskinson?

AThe Midnight mainnet is scheduled to officially roll out in the last week of March.

QWhat two major partnerships did Hoskinson announce to help run the Midnight blockchain?

AThe two major partnerships announced are Google and Telegram.

QWhat key technology does Midnight use to enable selective data disclosure?

AMidnight leverages zero-knowledge (ZK) proofs to permit selective disclosure.

QWhat is the name of the interactive platform that provides a glimpse into how Midnight offers scalable privacy?

AThe interactive platform is called the Midnight City Simulation.

QOn what date does the Midnight City Simulation become publicly accessible?

APublic access to the simulation will be available on February 26.

Letture associate

Binance shifts $1B SAFU fund into Bitcoin – Is BTC’s bottom forming?

Binance has completed converting its $1 billion SAFU (Secure Asset Fund for Users) entirely into Bitcoin, acquiring a total of 15,000 BTC at an average cost of $67,000. The move, framed as a commitment to Bitcoin as a long-term reserve asset, comes amid market volatility and criticism directed at the exchange. Since the conversion was announced, BTC's price dropped from $84,000 to around $68,000, a 20% decline. Some analysts compare this accumulation phase to early 2022, when whale buying preceded a bull market. Despite short-term macro headwinds, increased institutional accumulation could help stabilize prices and form a market bottom.

ambcrypto13 min fa

Binance shifts $1B SAFU fund into Bitcoin – Is BTC’s bottom forming?

ambcrypto13 min fa

Meme Fading, Narrative Cooling: Falling Below $80, Has Solana's Cycle Dividend Ended?

Solana (SOL) has experienced a significant downturn, with its token price dropping to a low of $67 in early February 2026, down over 71% from its October 2025 peak of $295. Currently trading around $80, SOL has been declining for five consecutive months. The NFT market on Solana, exemplified by Mad Lads, has also suffered, with floor prices collapsing from over $40,000 to around $1,760. The decline is largely attributed to the cooling of the Meme coin frenzy that previously drove Solana's growth. Platforms like Pump.fun saw weekly trading volumes plummet from over $3 billion to around $500 million. Meanwhile, competitors like BNB Chain gained traction with meme platforms such as Four.Meme, diverting attention and capital away from Solana. Broader narratives around high-throughput blockchains have also weakened. Ethereum's Fusaka and upcoming Glamsterdam upgrades have significantly improved its scalability and reduced fees, diminishing Solana's technical advantages. Additionally, Real-World Asset (RWA) tokenization, dominated by Ethereum with $149 billion in assets compared to Solana's $17 billion, has further marginalized Solana's ecosystem. Despite earlier support from corporate Digital Asset Treasuries (DATs) that purchased SOL, the ongoing bear market has overwhelmed this buy-side pressure. Companies like Forward Industries face massive unrealized losses on their SOL holdings. With declining user engagement beyond meme culture and intensified competition, Solana confronts significant challenges in regaining its momentum.

marsbit1 h fa

Meme Fading, Narrative Cooling: Falling Below $80, Has Solana's Cycle Dividend Ended?

marsbit1 h fa

Can Dogecoin Lead Meme Coins Back To Glory? The Index That Paints A Gloomy Story

The meme coin market, as tracked by MarketVector's MEMECOIN Index, is experiencing a severe and prolonged downturn. The index, which follows the six largest meme coins by market cap, is down 22.44% year-to-date and has fallen 67.65% over the past 365 days, hitting a one-year low of -66.80%. This underperformance is more pronounced than in other crypto sectors. As the largest and most influential meme coin, Dogecoin carries the heaviest weighting in the index. However, its recent momentum has been weak, with its price falling below the $0.10 level to hover around $0.093. Despite its unmatched brand recognition and unique advantages—such as being the only meme coin with Spot ETFs—Dogecoin has not demonstrated the price leadership required to single-handedly revive the niche. The article concludes that current negative sentiment across the entire cryptocurrency industry offers little encouragement for a quick, Dogecoin-led recovery for meme coins.

bitcoinist1 h fa

Can Dogecoin Lead Meme Coins Back To Glory? The Index That Paints A Gloomy Story

bitcoinist1 h fa

Here’s why Ethereum’s range-bound move signals a dip-buying opportunity

In a fragile market prone to FUD-induced sell-offs, Ethereum demonstrated unexpected resilience despite two significant bearish events on February 11: a trader spending 64 ETH on a single transaction gas fee and a major whale incurring a $72.5 million loss on a long trade. While these events typically trigger panic, ETH remained within its weekly consolidation range with stable network activity. This strength is supported by on-chain fundamentals, including nearly 100k ETH removed from exchanges and a record-high validator entry queue with over 4.1 million ETH waiting to be staked. These factors suggest underlying accumulation and conviction, indicating a potential dip-buying opportunity as ETH consolidates for a possible upward breakout.

ambcrypto1 h fa

Here’s why Ethereum’s range-bound move signals a dip-buying opportunity

ambcrypto1 h fa

Aave DAO Wins, But the Game Is Not Over Yet

Aave DAO has achieved a significant governance victory after months of community pressure, as Aave Labs has proposed transferring 100% of Aave-branded product revenue to the DAO treasury, committing to V4 as the future technical core, and establishing a foundation to hold brand IP. However, the proposal raises several concerns. The definition of "100% revenue" remains under Aave Labs' discretion, lacking independent audits or DAO-approved caps on deductions. The requested funding—$42.5M in stablecoins and 75K AAVE tokens—represents a large, concentrated allocation from the DAO treasury. Additionally, the proposal bundles multiple decisions (revenue sharing, V4 adoption, foundation creation, and funding) into a single vote, limiting granular community input. There are also concerns about governance influence, as the AAVE token transfer could shift voting power without full disclosure of existing holdings. While the direction is positive, the author recommends splitting the proposal, ensuring foundation independence, mandating wallet disclosures, and implementing independent revenue verification before any funds are transferred.

marsbit1 h fa

Aave DAO Wins, But the Game Is Not Over Yet

marsbit1 h fa

Trading

Spot

Futures