About Midnight
Midnight is a privacy-focused blockchain network that enables programmable privacy for transactions and smart contract computation. It was incubated by Input Output (IO), the blockchain engineering company founded by Charles Hoskinson, and has a close connection to the Cardano ecosystem. Development spanned several years before the project reached its major public milestones: the NIGHT token launched in December 2025, and the mainnet genesis block was reported on 30, 31 March 2026. Midnight uses a dual-token model. NIGHT is the native governance and utility token, used for on-chain governance and staking-related functions. A separate resource called DUST pays transaction fees on the network, keeping the fee layer independent from governance. NIGHT has a fixed maximum supply of 24 billion tokens. The network is designed for applications that require confidential transactions and programmable computation within the broader Cardano-adjacent ecosystem.
Midnight Network upgrades mainnet to Ledger 9 with private transfers and contract calls
The upgrade enhances privacy and interoperability, potentially attracting new projects, but skipping pre-production testing poses security risks.
Tesla expands Robotaxi operating hours to 21 hours per day in Austin
Tesla's extended Robotaxi hours in Austin highlight the push for 24/7 operations, aiming to maximize revenue and compete with rivals.
Morpho hits record $4.1 billion in USDC deposits
Morpho's record USDC deposits highlight DeFi's growing role in stablecoin management, but reliance on major platforms poses concentration risks.
Solana co-founder Anatoly Yakovenko tells data centers to pivot to crypto
Yakovenko's call for data centers to embrace crypto highlights the growing intersection of traditional infrastructure and blockchain technology.
Binance reveals fake job interview and compromised AI tool behind $6.34B hack
The breach highlights vulnerabilities in AI tools and internal systems, urging exchanges to reassess security measures beyond private key protection.
PrimeXBT brings Tesla, SpaceX, NVIDIA and more to crypto futures with new tokenised stocks
Castries, Saint Lucia, 27th October 2026, Chainwire
A sourced map of Midnight's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Midnight and the wider market, hosted by our team, will appear here once episodes are live.