Midnight Gains Momentum After Mainnet, Partnership Reveal

TheNewsCryptoPublicado em 2026-02-12Última atualização em 2026-02-12

Resumo

Midnight, a data protection blockchain platform, has gained significant market attention following announcements by founder Charles Hoskinson at the Consensus Hong Kong conference. Key developments include the scheduled mainnet launch in late March and partnerships with major companies like Google and Telegram. Although neither partner has officially confirmed the collaboration, Hoskinson stated they will support Midnight’s infrastructure. The project also introduced the Midnight City Simulation, a testing platform using AI to stress-test the network. In response, Midnight’s native token, NIGHT, saw a 3-4% price increase, reflecting renewed investor interest. The mainnet launch, featuring zero-knowledge proofs and "rational privacy," is anticipated as a major market catalyst. Hoskinson emphasized that Midnight aims for broad adoption rather than targeting existing privacy coin communities like Monero or ZCash.

Midnight, a data protection blockchain platform, witnessed surged market interest this week, followed by the founder Charles Hoskinson’s announcement of prominent developments at the Consensus Hong Kong conference.

The announcement includes the scheduled mainnet rollout of the project in late March and partnerships comprising Google and Telegram. The remarks of the founder underline the evolution of Midnight toward a selective disclosure privacy layer for blockchain applications, balancing secrecy with real-world compliance.

Hoskinson has stated that, “We have some great partnerships to help us run it, and Google is one of them; Telegram is another. We are really excited that there is more that will come.

However, neither Google nor Telegram has officially accepted the deal; Hoskinson has stated that they are among the partners aiding support for the launch and infrastructure of Midnight. The announcement also rolled out the Midnight City Simulation, a testing platform aimed to stress-test network proof generation with AI agents well before mainnet.

The Positive Change

The native token of Midnight, NIGHT, has replied positively to the news and is exchanging hands at around $0.048-$0.051 at the time of writing with modest short-term gains. As per the live price data, the token is up around 3-4% in the last 24 hours, representing renewed investor appetite after the collaboration and mainnet timeline revelation.

The complete mainnet launch of Midnight, anticipated in March as a Cardano (ADA) partner chain having zero-knowledge proofs and “rational privacy” features, is now the upcoming major catalyst for the global market.

Hoskinson has also clarified that Midnight will not chase direct onboarding of legacy privacy coin communities, like Monero, but rather aim for wider user adoption. In the question and answer session at Consensus Hong Kong on February 11, he mentioned that “you don’t try to get anybody from Monero or ZCash over.”

Highlighted Crypto News Today:

Uniswap (UNI) Volume Soars 500%, Will the Recent Spike Turn Into a Breakout?

Perguntas relacionadas

QWhat are the two major announcements made by Charles Hoskinson regarding Midnight at the Consensus Hong Kong conference?

AThe two major announcements are the scheduled mainnet rollout of the project in late March and partnerships with companies including Google and Telegram.

QHow did the native token NIGHT of Midnight respond to the recent news, and what was its approximate price range?

AThe native token NIGHT responded positively, trading at around $0.048-$0.051 with modest short-term gains of approximately 3-4% in the last 24 hours.

QWhat is the purpose of the Midnight City Simulation that was announced?

AThe Midnight City Simulation is a testing platform aimed to stress-test network proof generation with AI agents well before the mainnet launch.

QAccording to Hoskinson, will Midnight be targeting users from legacy privacy coin communities like Monero?

ANo, Hoskinson clarified that Midnight will not chase direct onboarding of legacy privacy coin communities like Monero but rather aim for wider user adoption.

QWhat key technology is Midnight, as a Cardano partner chain, anticipated to feature upon its mainnet launch?

AMidnight is anticipated to feature zero-knowledge proofs and 'rational privacy' features upon its mainnet launch.

Leituras Relacionadas

The Eternal Fragments of Money: Third-Party Payment Has No First Principle

"The Enduring Fragments of Money: Third-Party Payments Lack a First Principle" Stripe is reportedly attempting to acquire PayPal, marking a significant shift reminiscent of PayPal's merger with the original X.com 30 years ago. The article analyzes Stripe's strategic challenges and the broader payments industry landscape. Despite its initial success with a developer-friendly API model, Stripe missed its optimal IPO window during the pandemic and has since seen its valuation decline. Its attempts to expand through acquisitions and new ventures, particularly in stablecoins (like its OUSD project) and Agent-focused payments (ACP/MPP protocols), have faced headwinds. The author argues that the payment industry remains highly fragmented and is ultimately an adjunct to the traditional banking system. This structure limits the potential for any single player, including Stripe, to achieve complete dominance. While stablecoins and the future rise of autonomous Agent economies present potential growth avenues, they are not yet mainstream and still require integration with the existing financial system. For now, Agent-based transactions are largely used for speculative "volume boosting" rather than substantive business applications. Stripe's current move to acquire PayPal is seen as an attempt to bolster its weak consumer-facing (C-side) business after its stablecoin-focused strategies faltered. Meanwhile, PayPal is described as structurally outdated, unable to revive itself through new products like Venmo or PYUSD. The future of payments may lie not in payments themselves but in value-added services like more efficient settlement networks. The author suggests that companies like Stripe and Circle, which are building their own blockchains (Tempo, Arc) and stablecoins, are positioning themselves to eventually profit from high-efficiency settlement systems. These new networks could potentially bypass some traditional banking layers. In conclusion, the article posits that third-party payment is a perpetually fragmented battlefield where scale alone cannot ensure victory. Players must find new models, focusing on efficiency to compete with the entrenched banking system. Stripe's acquisition of PayPal represents a bet on this uncertain future.

链捕手Há 4m

The Eternal Fragments of Money: Third-Party Payment Has No First Principle

链捕手Há 4m

Ondo Finance up 14% as entity buys $61M ONDO – Is more upside coming?

Ondo Finance (ONDO) surged over 14% in 24 hours, becoming the top performer among the top 100 cryptocurrencies. The rally was driven by significant whale accumulation, including a $61 million ONDO purchase from a Coinbase Prime wallet, and a quadrupling of perpetual futures volume to $155 million. Technically, ONDO has broken out of a multi-month triangle pattern and is forming a potential higher low around $0.34, with indicators like the MACD and RSI supporting bullish momentum. Key resistance levels are at $0.40, $0.44, and $0.48. The strong institutional buying suggests potential for further upside, though a failure to break resistance could see a retracement to $0.34 or $0.30.

ambcryptoHá 32m

Ondo Finance up 14% as entity buys $61M ONDO – Is more upside coming?

ambcryptoHá 32m

Zcash price prediction – Can Ironwood upgrade keep ZEC’s 37% rally alive?

Zcash has rallied nearly 37% since its Ironwood (NU6.3) upgrade deployed to testnet in early July. This major upgrade introduces a new shielded pool and a "turnstile" mechanism to strengthen supply verification without compromising privacy. Concurrently, it marks the retirement of the legacy zcashd node, a significant architectural shift for the network. After its rally, ZEC is consolidating around $546, with buyers attempting to establish support. Immediate resistance lies near $560, with a breakout potentially targeting $600, while the $500 region acts as key support. The final testing phase precedes Ironwood's planned mainnet activation later this month.

ambcryptoHá 58m

Zcash price prediction – Can Ironwood upgrade keep ZEC’s 37% rally alive?

ambcryptoHá 58m

BitMine adds 7,430 ETH, spends $86M on share buybacks – Why?

BitMine significantly slowed its Ethereum accumulation last week, purchasing only 7,430 ETH—its smallest weekly buy since May. The company instead prioritized shareholder returns, spending approximately $86 million to repurchase 5.5 million common shares. BitMine's ETH treasury remains substantial at 5.78 million ETH (4.8% of circulating supply), nearing its long-term goal of 5%. The company has already staked 85% of its holdings and projects up to $290 million in annual staking revenue. Meanwhile, Michael Saylor's MicroStrategy continues its Bitcoin-focused treasury strategy despite recent sales.

ambcryptoHá 1h

BitMine adds 7,430 ETH, spends $86M on share buybacks – Why?

ambcryptoHá 1h

9.42 Million Retail Investors Compete for Changxin Technology, Who Got Allotted?

Evergreen Technology's IPO subscription results are now available. On July 20, the domestic memory chip giant announced the offline preliminary allotment results and online lottery results for its IPO. A total of approximately 9.43 million retail investors participated in the online subscription, generating 770,000 winning lots with a final winning rate of about 0.4714%, setting a record for new shares on the STAR Market. After triggering a clawback mechanism from institutional to retail investors, the online retail allocation was significantly increased to 3.851 billion shares. Simultaneously, 285 institutional investors participated in the offline subscription, ultimately receiving 2.173 billion shares at an allotment rate of approximately 0.1756%. Leading insurers and public funds were among the major recipients. Notably, Liang Wenfeng, founder of the major AI model company DeepSeek, through his quantitative investment firms Ningbo Huanfang Quantitative and Zhejiang Jiuzhang Asset, secured the largest share among private funds, with a total allotment worth approximately 175 million yuan. Estimates suggest potential profits could reach 730 million yuan if Evergreen Technology's market capitalization reaches 3 trillion yuan post-listing. The company is expected to list on July 27 and could become the highest-valued tech stock on the A-share market, with various brokerages providing valuations ranging from 1 trillion to over 4 trillion yuan. However, recent significant corrections in global tech stocks may impact its post-listing performance. (Character count: 1,196)

marsbitHá 1h

9.42 Million Retail Investors Compete for Changxin Technology, Who Got Allotted?