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Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation Contest Blockchain Forum 2026, MoscowCardano Founder Explains Why Midnight and NIGHT Differ Fundamentally From Ripple and XRP Cardano

Cardano Founder Explains Why Midnight and NIGHT Differ Fundamentally From Ripple and XRP



Cardano founder Charles Hoskinson contrasts Midnight ($NIGHT) with Ripple and $XRP, arguing that the two models differ fundamentally in how value is created and distributed.

Hoskinson made this known during a recent interview with Wendy O on “The O Show.” His commentary centers on ownership, token utility, and whether network growth directly benefits token holders.

Key Points

Cardano founder Charles Hoskinson argues that Midnight ($NIGHT) and $XRP differ fundamentally in value creation and distribution.

He argues Ripple uses $XRP sales to generate capital for external investments and acquisitions, but $XRP holders never benefit from this model.

Hoskinson compares Ripple’s model to Tether’s, where value accrues mainly to a central entity.

His comments have reignited tensions with the $XRP community, raising the prospect of renewed disputes with figures like Brad Garlinghouse.

$XRP Holders Don’t Benefit From Ripple’s Value Creation Model

Speaking in response to questions about $XRP’s recent momentum, Hoskinson acknowledged the token’s visibility but challenged the underlying structure supporting its growth.

He claimed that Ripple retains significant control over $XRP supply and uses the token as a mechanism to generate capital, which it then deploys into external ventures such as acquisitions and new business lines.

According to him, this model creates a disconnect between $XRP holders and Ripple’s broader financial success. While the company expands its footprint through moves like acquiring firms such as Hidden Road or launching new products, he argues that $XRP holders do not gain ownership rights or direct financial exposure to those developments.

He further pointed to the absence of staking or yield mechanisms as evidence that $XRP’s value proposition is

Cardano Founder Explains Why Midnight and NIGHT Di

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Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestDaily $5000U Airdrop Rain: Claim Yours Now!The United Nations children's agency UNICEF has expressed outrage following the fat

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The United Nations children's agency UNICEF has expressed outrage following the fatal shooting of two contracted truck drivers who were delivering clean water to families in the Gaza Strip. The deadly incident occurred on Friday morning at the Mansoura water filling point in northern Gaza — a critical supply source for Gaza City residents — when Israeli fire struck the humanitarian convoy. Two additional workers sustained injuries in the attack.In response, UNICEF immediately suspended all operations at the site and issued an urgent call for Israeli authorities to launch a full investigation. The agency emphasized that under international humanitarian law, civilian aid workers, non-combatants, and essential water infrastructure must be protected at all times, regardless of ongoing military operations. Israel's embassy in Washington had not issued a response at the time of reporting.The attack comes amid a fragile ceasefire between Israel and Hamas that was established in October, effectively halting two years of full-scale military conflict. Despite the truce, Israeli forces continue to maintain control over a largely depopulated buffer zone covering more than half of the Gaza Strip, while Hamas retains authority over the remaining narrow coastal territory. The ceasefire has been repeatedly strained, with both sides accusing each other of violations.Since the ceasefire took effect, local medical sources report that more than 750 Palestinians have been killed, while Palestinian militants have claimed the lives of four Israeli soldiers. The continued violence raises serious concerns about the safety of humanitarian missions operating in the region and the broader protection of civilians caught in the conflict.International organizations continue to urge all parties to uphold their obligations under international humanitarian law and ensure the uni

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Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestMarket Rally! Claim Your AirdropThe House voted to reject a resolution Thursday directing President Trump to remove US armed f

The House voted to reject a resolution Thursday directing President Trump to remove US armed forces from hostilities against Iran, 213 to 214, falling one vote short along almost entirely party lines. Summary Rep. Gregory Meeks of New York proposed the resolution directing the president to end military action in Iran unless explicitly authorized by Congress; it failed 213–214 on Thursday, one day after the Senate voted 52–47 to reject a similar measure. Rep. Thomas Massie of Kentucky was the lone Republican to support the measure; Rep. Jared Golden of Maine was the sole Democrat to vote against it; Rep. Warren Davidson of Ohio voted “present” and three Republicans did not vote. Democrats described the effort as forcing Republicans on the record defending an unpopular war that has driven up gas prices and weighed on GOP approval ratings ahead of November’s midterms. The Republican-controlled House voted 213–214 Thursday to reject a war powers resolution that would have directed President Trump to end US military involvement in Iran without explicit congressional authorization. The vote was nearly identical in partisan breakdown to the Senate’s 52–47 rejection of a similar measure the day before. Rep. Gregory Meeks of New York proposed the measure, stating on the House floor: “Donald Trump has dragged the American people into a war of choice, launched without congressional authorization.” Who Broke Ranks and Who Didn’t Rep. Thomas Massie of Kentucky was the only Republican to vote in favor of the resolution, continuing a consistent position he has held on war powers across multiple votes this year. Rep. Jared Golden of Maine was the sole Democrat to vote against it. Rep. Warren Davidson of Ohio, who had previously voted to end the Iran war in an earlier round, voted “present” on Thursday. Three Republicans did not cast a vote at all, which effectively tighte

The House voted to reject a resolution Thursday di

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestMarket Rally! Claim Your AirdropTrusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Discl

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After a sudden upward move earlier this week, the Bitcoin price appears to be stabilizing near the $74,000 mark as bullish sentiment persists. With bullish momentum gaining traction, investors are now shifting into accumulation mode across the market, which has led to a notable withdrawal of the flagship asset from cryptocurrency exchanges.Growing Accumulation Drives Bitcoin Off ExchangesCurrently, a notable shift is unfolding in the supply dynamics of Bitcoin. While Bitcoin’s price is showing upward momentum following a broader market recovery, investor demand for the leading crypto asset has reportedly been returning beneath the surface.  Related Reading: Bitcoin Supply In Profit Drops Sharply, Echoing Previous Bear Market Levels, Downtrend To Continue?Bitcoin continues to flow off cryptocurrency exchanges at an accelerating pace during this brief price rebound. As stated by Darkfost, a market expert and verified author at the CryptoQuant platform, this has been ongoing for the past two months, during which Bitcoin was withdrawn from exchanges nearly every day.This consistent withdrawal indicates a significant wave of accumulation as investors are shifting their holdings into long-term storage. When exchange reserves dry up, it implies that the number of coins readily for sale is decreasing, a trend that could often precede upward price movements.Source: Chart from Darkfost on XAfter his examination of the Bitcoin Exchange Netflow metric, Darkfost found that the monthly average has also turned negative, which is currently positioned at -1,640 BTC. What this simply means is a clear accumulation trend that has been building over the past few months. Darkfost has highlighted that, in particular, when Bitcoin departs from exchanges like this, it is usually wit

Trusted Editorial content, reviewed by leading ind

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestDaily $5000U Airdrop Rain: Claim Yours Now!Trusted Editorial content, reviewed by leading industry experts and seasoned editor

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure North Korean hackers likely pocketed hundreds of millions in stolen crypto — and now a US court is being asked to decide whether a stablecoin giant should have stopped them.Related Reading: X Money’s Crypto Ambitions Draw Fire From Senator Over Security FearsCircle’s Own Track Record Becomes A Key WeaponA class action lawsuit filed in a Massachusetts federal court this week names Circle Internet Group as the defendant, with plaintiffs arguing the company had both the means and the opportunity to stop roughly $280 million in stolen USDC from moving across blockchains — and did nothing. The case was brought by Drift Protocol investor Joshua McCollum, representing more than 100 affected members. Their attorneys put it plainly: Circle allowed criminal use of its own technology. The complaint was filed Wednesday in a Massachusetts US district court by Drift investor Joshua McCollum, representing more than 100 members. The April 1 attack on Drift Protocol saw attackers drain funds and route them from Solana to Ethereum using Circle’s Cross-Chain Transfer Protocol, a bridging tool the company operates. The transfers happened over several hours, according to reports. The window was wide open. What makes the lawsuit particularly pointed is what happened just days before the hack. About a week prior, Circle froze 16 USDC wallets tied to a sealed US civil case. Plaintiffs seized on that detail. If Circle could move fast for a court-adjacent matter, they argue, it could have acted here too. That single fact sits at the center of the legal fight. I hope there’s some precedent set. Either you’re a decentralized protocol and literally do not have the power to freeze or you’re not and you should be freezing hacked funds. This middle ground hand wavy “only with a 

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Blockchain Forum 2026, MoscowRussia introduces bill to criminalize unregistered crypto services Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country's

Russia introduces bill to criminalize unregistered crypto services

Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country's legal code to attach criminal liability for crypto services offered without regulatory approval or licensing.

In a draft law sent to the State Duma on Friday, Russian lawmakers proposed that entities "carrying out activities related to the organization of digital currency circulation,” that operate without a license from Russia’s central bank, could be subject to criminal liability.

Without registration with the Bank of Russia, individuals could face up to $4,000 in fines and up to four years in prison, or more severe penalties if part of an organized group.
The same act committed by an organized group, or involving the infliction of damage or the extraction of income on a particularly large scale, would be punishable by compulsory labor for up to five years or imprisonment for up to seven years,” the bill’s text said.

The bill also proposes a “fine of up to 1 million rubles [$13,100] or an amount equal to the convicted person’s salary or other income for a period of up to five years.”

The draft law followed a package of bills initially proposed in March that included criminal penalties for illegal crypto miners, but the most recent legislation included details on fines and potential prison time for any unregistered digital asset services.

According to Russian media outlet RBC, the country’s Supreme Court said that the crypto bill lacks “reasoned justification” for criminal penalties.

The court said that the measure was “premature” until Russia enacted its “Digital Currency and Digital Rights law,” expected to go into effect in July. If the bill passes it would give Russia’s government more control and oversight over the crypto industry.

Related: At least a dozen crypto entities attacked since Drift Protocol hack

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SOL broke through 90  USDT

cfg soared to 0.2448 USDT, a new high with a 24-hour increase of -2.98%. It currently trades at 0.2214 USDT on HTX.

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