By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Notification
yourcryptonewstoday yourcryptonewstoday
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
Reading: Cardano Founder Says ‘This Is Why Midnight Exists’ as EU Calls for End to Online Anonymity
Share
bitcoin
Bitcoin (BTC) $ 72,191.00
ethereum
Ethereum (ETH) $ 2,224.83
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 605.93
usd-coin
USDC (USDC) $ 0.999731
xrp
XRP (XRP) $ 1.34
binance-usd
BUSD (BUSD) $ 0.998906
dogecoin
Dogecoin (DOGE) $ 0.091923
cardano
Cardano (ADA) $ 0.239383
solana
Solana (SOL) $ 83.33
polkadot
Polkadot (DOT) $ 1.17
tron
TRON (TRX) $ 0.319627
Your Crypto News TodayYour Crypto News Today
  • Home
  • News
  • MarketCap
  • Altcoins
  • Crypto
  • Blockchain
  • Market
  • Mining
  • Exchange
  • Analysis
Search
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
© 2024 All Rights reserved | Protected by Your Cryptonews Today
Your Crypto News Today > News > Crypto > Altcoins > Cardano Founder Says ‘This Is Why Midnight Exists’ as EU Calls for End to Online Anonymity
Altcoins

Cardano Founder Says ‘This Is Why Midnight Exists’ as EU Calls for End to Online Anonymity

November 16, 2025 3 Min Read
Share
image

Table of Contents

Toggle
  • Why Midnight Exists
  • Upcoming Launch

Cardano founder Charles Hoskinson has highlighted the elemental function behind the community’s privacy-focused sidechain, Midnight.

In a latest commentary, Hoskinson responded to claims that the European Union goals to finish on-line anonymity.

Particularly, his feedback got here in response to a viral submit from political commentator and Freedom Practice Worldwide founder Jim Ferguson, who criticized feedback made by Spanish Prime Minister Pedro Sánchez on the 2025 World Financial Discussion board (WEF).

Because of this, Ferguson warned that it may create a “digital surveillance grid” through which each on-line motion is tied to a person’s identification.

Why Midnight Exists

Apparently, Hoskinson positioned Midnight as a direct countermeasure to the potential risk to traceability. Notably, Midnight is a privacy-focused sidechain on the Cardano blockchain. It goals to permit individuals to interact on-line whereas sustaining management over their private data and identification.

By Midnight, customers can transact privately, keep selective disclosure, and adjust to regulators solely when needed. Hoskinson frames Midnight as Cardano’s response to rising considerations that governments might impose necessary identification verification, biometric monitoring, or complete monitoring of all on-line exercise.

He cautioned customers to “not let the vampires in,” encouraging them to undertake Midnight as a method to guard their privateness and forestall unauthorized entry by establishments or different entities.

Because of this Midnight exists. Do not let the vampires in https://t.co/7yvYth2exO

— Charles Hoskinson (@IOHK_Charles) November 13, 2025

Upcoming Launch

Since its introduction in November 2022, Midnight has undergone varied developmental phases, together with DevNet and token distribution.

The primary section of Midnight (NIGHT) token distribution, dubbed Glacier Drop, befell in August. Through the occasion, eligible beneficiaries throughout eight blockchains, together with Cardano, Bitcoin, Ethereum, and XRP Ledger, have been allowed to say a share of the 24 billion NIGHT provide.

The second section, often called Scavenger Mine, is presently underway, permitting customers to earn unclaimed tokens from the Glacier Drop by finishing computational duties.

At present, crypto fanatics are eagerly anticipating the Midnight Summit, scheduled for November 17–19, the place many anticipate the staff to disclose the ultimate roadmap for the mission’s mainnet launch. There’s optimism that the privateness sidechain may launch later this yr.

You Might Also Like

Swan Chain Unveils CP v1.0.0 Update in Preparation for TGE

Top 3 Crypto Airdrops to Watch For the Third Week of March               

L2 Tokens Face Valuation Bubble and Vote Manipulation Risks

This Alleged “Fat-Finger” Made $300M Just In One Week: Who Is It?

Sei Network’s Ambitious Path in the Crypto Landscape

TAGGED:AltcoinsAltcoins News
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

Decade Of Bitcoin Savings Gone In Minutes After Fake App Fools Musician
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
TRON's Justin Sun Debunks Binance Listing Rumors
TRON’s Justin Sun Debunks Binance Listing Rumors
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?

You Might Also Like

image
Altcoins

Binance’s Former CEO Changpeng Zhao (CZ) Announces New Plan for BNB! Here Are the Details

September 21, 2025
image
Altcoins

2026 to Be ‘Defining Year’

March 14, 2026
RLUSD surpasses $300M supply as Ripple secures UAE backing
Altcoins

RLUSD surpasses $300M supply as Ripple secures UAE backing

June 16, 2025
18 protocols integrated Chainlink so far in July
News

18 protocols integrated Chainlink so far in July

July 8, 2025
yourcryptonewstoday yourcryptonewstoday
yourcryptonewstoday yourcryptonewstoday

"In the fast-paced world of digital finance, staying informed is essential, and we’re here to help you navigate the evolving landscape of crypto currencies, blockchain, & digital assets."

Editor Choice

Urgent Bithumb DYDX Suspension: Navigating the Mainnet Upgrade
Bitcoin’s Setup Deepens — This Formation Could Shake Out The Crowd
Bitcoin (BTC) Price Prediction for September 1

Subscribe

* indicates required
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Linkedin Facebook
  • About Us
  • Contact Us
  • Disclaimer
  • Terms of Service
  • Privacy Policy
Reading: Cardano Founder Says ‘This Is Why Midnight Exists’ as EU Calls for End to Online Anonymity
Share
Follow US
© 2025 All Rights reserved | Protected by Your Crypto News Today
Welcome Back!

Sign in to your account

Lost your password?