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) $ 81,272.00
ethereum
Ethereum (ETH) $ 2,419.16
tether
Tether (USDT) $ 0.999138
bnb
BNB (BNB) $ 724.68
usd-coin
USDC (USDC) $ 0.999748
xrp
XRP (XRP) $ 1.32
binance-usd
BUSD (BUSD) $ 0.998661
dogecoin
Dogecoin (DOGE) $ 0.080748
cardano
Cardano (ADA) $ 0.226411
solana
Solana (SOL) $ 102.76
polkadot
Polkadot (DOT) $ 1.12
tron
TRON (TRX) $ 0.328309
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

Cardano’s Transaction Volume Hits $52.26B, a Seven-Month High

Bank of China will invest in BNB, Binance’s cryptocurrency

Why Flare Limits FAsset Minting During Songbird Testing Phase

Chainlink Secures $27T+ in Value as Institutions Accelerate Tokenization Adoption, Data Confirms

Allegations Against Binance Founder CZ – Serious Accusations Have Been Made

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

Bitcoin options price a quiet CPI week while shorts cluster at $76,000–$80,000
Bitcoin options price a quiet CPI week while shorts cluster at $76,000–$80,000
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?
Bitcoin miners' profits decline for the fourth consecutive month
Bitcoin miners’ profits decline for the fourth consecutive month
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts

You Might Also Like

image
Altcoins

Grayscale’s Filecoin (FIL) Holdings Hit Record High as Price Shows Signs of Recovery

November 9, 2025
image
Altcoins

Bonk Teams Up With Bitcoin Capital to Launch ETP in Europe

December 4, 2025
image
Altcoins

Ripple Hosts XRP, XRP Ledger and RLUSD Under One Roof: Reece Merrick

March 15, 2026
image
Altcoins

Andrew Yang’s Noble Acquires Crypto-Fueled Helium Mobile Service

June 7, 2026
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

“The US objectives. With cryptocurrencies are ambitious and essential”: SEC director
Crypto firms cut jobs as bear market and AI shift bite
Ethereum Price Battles At $2,500 —Will It Surge to $4,000?

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?