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Project Overview
Midnight Network is a data protection blockchain, where Developers and businesses can build decentralized applications that safeguard sensitive data, without sacrificing performance and regulatory requirements. Developers can build on Midnight in a novel and easy to use programming model based on Typescript, and zero knowledge (ZK) proofs.
Empowa Suffers Unauthorized Transfer Incident, Approximately 4.24 Million EMP and 143,700 ADA Stolen
Empowa, a Cardano ecosystem project, disclosed two interrelated unauthorized asset transfer incidents across its three project wallets. Between November 2025 and June 2026, approximately 143,710 ADA were transferred out of one project treasury wallet in 18 transactions. The corresponding Midnight airdrop for this wallet was also registered and claimed by an unknown party using the private key, with approximately 36,000 NIGHT already transferred away. From June 2026 to August 2026, a cumulative total of approximately 4.24 million EMP tokens were transferred out of the other two project wallets, with portions sold via platforms such as Minswap and VyFi. Empowa stated that the funds from both incidents ultimately flowed into the same intermediate wallet, indicating they are controlled by the same party, although the identity of the individuals operating these private keys cannot currently be confirmed. The team has hired a professional blockchain investigation firm and plans to seek KYC information from the centralized exchange where the related funds ultimately entered.
Delayed by Months, Monument Bank's £250M Retail Deposit Tokenization Project Affected by UK Regulatory Issues
Odaily News: Monument Bank has delayed its project to tokenize £250 million (approximately $330 million) in UK retail bank deposits by several months, as the bank was unable to find a local crypto custodian in the UK that meets Financial Conduct Authority (FCA) standards and can handle zero-knowledge privacy proofs. Monument Bank founder Mintoo Bhandari stated that the bank originally planned to tokenize customer deposits on the privacy-focused public blockchain Midnight, and expects it will take another two months, with a launch to retail customers in November. To meet regulatory requirements, the bank has expanded its search for custody partners overseas and has found an FCA-approved Canadian custodian.Midnight is a privacy-first Layer 1 blockchain project funded by Charles Hoskinson that uses zero-knowledge proofs to keep customer information within Monument's systems while allowing the bank to prove compliance on-chain and provide audit records to regulators. Monument Bank announced the project in March of this year, planning to offer tokenized private equity, structured products, and automated Lombard loans to "mass affluent" customers with investable assets between £50,000 and £5 million. Bhandari stated that customer deposits will continue to earn interest, be fully backed by Monument, redeemable 1:1 for pounds, and protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person or per company.
Midnight：Multiple Exchanges Including Binance Freeze Funds Involved in Cross-Chain Bridge Attack
the Midnight Foundation has provided an update on the handling of the cross-chain bridge attack event involving Wanchain Cardano and BNB. Multiple exchanges including KuCoin, Kraken, Binance, Bybit, OKX, Gate, and MEXC have coordinated risk control actions, temporarily freezing the involved accounts and associated addresses, adding the hacker wallet to a blacklist, and pausing NIGHT token deposits and withdrawals as needed to curb the transfer and cashing out of stolen assets.The Foundation specifically noted that this security incident is an isolated incident related to a third-party cross-chain bridge, and the Midnight mainnet and native NIGHT assets have not been affected. The project team continues to collaborate with major exchanges and ecosystem partners to advance traceability investigations, reminding the community to rely on official disclosures for information and to be cautious of misinformation.
Empowa Suffers Unauthorized Transfer Incident, Approximately 4.24 Million EMP and 143,700 ADA Stolen
Empowa, a Cardano ecosystem project, disclosed two interrelated unauthorized asset transfer incidents across its three project wallets. Between November 2025 and June 2026, approximately 143,710 ADA were transferred out of one project treasury wallet in 18 transactions. The corresponding Midnight airdrop for this wallet was also registered and claimed by an unknown party using the private key, with approximately 36,000 NIGHT already transferred away. From June 2026 to August 2026, a cumulative total of approximately 4.24 million EMP tokens were transferred out of the other two project wallets, with portions sold via platforms such as Minswap and VyFi. Empowa stated that the funds from both incidents ultimately flowed into the same intermediate wallet, indicating they are controlled by the same party, although the identity of the individuals operating these private keys cannot currently be confirmed. The team has hired a professional blockchain investigation firm and plans to seek KYC information from the centralized exchange where the related funds ultimately entered.
Wanchain cross-chain bridge vulnerability leads to 290 million NIGHT tokens withdrawn; NIGHT recovers nearly 19% in 24 hours
Wanchain’s cross-chain bridge suffered a vulnerability attack on Monday, resulting in the withdrawal of 290 million NIGHT tokens. The price of NIGHT briefly dropped approximately 43% to an all-time low, before partially recovering nearly 19% within 24 hours. Charles Hoskinson stated that the issue originated from an outdated cross-chain bridge architecture built by a third party, and that AI-driven vulnerability discovery is accelerating the exposure of vulnerabilities across all software, not limited to the crypto space. He believes that zero-knowledge systems such as Midnight are long-term solutions, which can replace trust in cross-chain bridge operators and multi-signature mechanisms with cryptographic proofs.
NIGHT to Launch Soon on Bitget PoolX—Stake BTC and ETH to Unlock 9 Million NIGHT Tokens
According to the official announcement, Bitget PoolX will soon launch the NIGHT project, with a total airdrop of 9,000,000 NIGHT tokens. This campaign features two BTC staking pools and two ETH staking pools, each allocated 4,500,000 NIGHT tokens for the airdrop. Each asset offers both standard and dynamic staking pools; the dynamic pool’s tiered staking limit is unlocked based on the user’s trading volume over the past 15 days, and corresponding staking quotas are allocated accordingly. The staking window opens from April 14 at 19:00 to April 19 at 19:00 (UTC+8). Users with positive net BTC and ETH deposits during the campaign period will receive 5% BTC and 8% ETH yield-boost vouchers upon PoolX completion. Additionally, users who meet the net deposit requirement and participate in PoolX for the first time will receive 10% BTC and 15% ETH yield-boost vouchers. Net deposit calculations conclude at 19:00 on April 18 (UTC+8). For more details, please refer to the official Bitget platform.
Bitget CandyBomb: Trade any cryptocurrency to unlock the 600,000 NIGHT airdrop
Bitget has launched a new edition of CandyBomb with a total prize pool of 600,000 NIGHT tokens. New users can earn up to 6,000 NIGHT tokens each by completing tasks such as net deposits and futures trading. Detailed rules have been published on the official Bitget platform. Eligible users must click the “Join Now” button to register in order to participate. The campaign ends on April 16 at 19:00 (UTC+8).
Empowa Suffers Unauthorized Transfer Incident, Approximately 4.24 Million EMP and 143,700 ADA Stolen
Empowa, a Cardano ecosystem project, disclosed two interrelated unauthorized asset transfer incidents across its three project wallets. Between November 2025 and June 2026, approximately 143,710 ADA were transferred out of one project treasury wallet in 18 transactions. The corresponding Midnight airdrop for this wallet was also registered and claimed by an unknown party using the private key, with approximately 36,000 NIGHT already transferred away. From June 2026 to August 2026, a cumulative total of approximately 4.24 million EMP tokens were transferred out of the other two project wallets, with portions sold via platforms such as Minswap and VyFi. Empowa stated that the funds from both incidents ultimately flowed into the same intermediate wallet, indicating they are controlled by the same party, although the identity of the individuals operating these private keys cannot currently be confirmed. The team has hired a professional blockchain investigation firm and plans to seek KYC information from the centralized exchange where the related funds ultimately entered.
Wanchain Proposes White Hat Settlement to Attacker, Allowing Them to Keep 10% as Bounty
Odaily News: Cross-chain infrastructure provider Wanchain has announced that it is proposing a white hat settlement to the attacker responsible for the July 20 exploit of the Wanchain Cardano cross-chain bridge, during which NIGHT tokens were stolen. The proposal requires the attacker to return 90% of the stolen NIGHT tokens before 20:00 Beijing time on August 6, and allows them to keep 10% as a white hat bounty. If the tokens are returned on time, Wanchain will regard the action as white hat behavior and will not pursue civil litigation.
Wanchain 遭黑客攻击 NIGHT 代币被盗，要求归还 90% 并承诺白帽豁免
据 Wanchain 官方 X 账号发文，2026 年 7 月 20 日，Wanchain Bridge Cardano 跨链桥遭到攻击，黑客盗取 NIGHT 代币。Wanchain 随即向攻击者发出公告，要求其在 8 月 6 日 UTC 12:00 前归还 90% 被盗 NIGHT 代币，可保留 10% 作为白帽赏金，并承诺不追究民事责任。 目前，有社区用户指出黑客已将 NIGHT 代币在 DEX 上完成兑换，NIGHT 代币价格下跌逾 30%，现报 0.0188 美元。
Wanchain cross-chain bridge vulnerability leads to 290 million NIGHT tokens withdrawn; NIGHT recovers nearly 19% in 24 hours
Wanchain’s cross-chain bridge suffered a vulnerability attack on Monday, resulting in the withdrawal of 290 million NIGHT tokens. The price of NIGHT briefly dropped approximately 43% to an all-time low, before partially recovering nearly 19% within 24 hours. Charles Hoskinson stated that the issue originated from an outdated cross-chain bridge architecture built by a third party, and that AI-driven vulnerability discovery is accelerating the exposure of vulnerabilities across all software, not limited to the crypto space. He believes that zero-knowledge systems such as Midnight are long-term solutions, which can replace trust in cross-chain bridge operators and multi-signature mechanisms with cryptographic proofs.
Midnight Foundation: Wanchain Cardano<>BNB Bridge Attacked, Multiple Exchanges Jointly Freeze Related Assets
According to an official post from Midnight Foundation (@midnightfdn), the Wanchain Cardano<>BNB cross-chain bridge suffered a security attack. Currently, multiple major exchanges including KuCoin, Kraken, Binance, Bybit, OKX, and MEXC have responded rapidly, taking preventive measures to restrict the flow of stolen assets, including freezing relevant accounts and addresses, blacklisting the attacker's wallets, and suspending NIGHT token deposit and withdrawal services. The exchanges confirmed that this incident is an isolated third-party bridge vulnerability and is unrelated to the Midnight Network mainnet and the NIGHT asset itself.
Midnight：Multiple Exchanges Including Binance Freeze Funds Involved in Cross-Chain Bridge Attack
the Midnight Foundation has provided an update on the handling of the cross-chain bridge attack event involving Wanchain Cardano and BNB. Multiple exchanges including KuCoin, Kraken, Binance, Bybit, OKX, Gate, and MEXC have coordinated risk control actions, temporarily freezing the involved accounts and associated addresses, adding the hacker wallet to a blacklist, and pausing NIGHT token deposits and withdrawals as needed to curb the transfer and cashing out of stolen assets.The Foundation specifically noted that this security incident is an isolated incident related to a third-party cross-chain bridge, and the Midnight mainnet and native NIGHT assets have not been affected. The project team continues to collaborate with major exchanges and ecosystem partners to advance traceability investigations, reminding the community to rely on official disclosures for information and to be cautious of misinformation.
Delayed by Months, Monument Bank's £250M Retail Deposit Tokenization Project Affected by UK Regulatory Issues
Odaily News: Monument Bank has delayed its project to tokenize £250 million (approximately $330 million) in UK retail bank deposits by several months, as the bank was unable to find a local crypto custodian in the UK that meets Financial Conduct Authority (FCA) standards and can handle zero-knowledge privacy proofs. Monument Bank founder Mintoo Bhandari stated that the bank originally planned to tokenize customer deposits on the privacy-focused public blockchain Midnight, and expects it will take another two months, with a launch to retail customers in November. To meet regulatory requirements, the bank has expanded its search for custody partners overseas and has found an FCA-approved Canadian custodian.Midnight is a privacy-first Layer 1 blockchain project funded by Charles Hoskinson that uses zero-knowledge proofs to keep customer information within Monument's systems while allowing the bank to prove compliance on-chain and provide audit records to regulators. Monument Bank announced the project in March of this year, planning to offer tokenized private equity, structured products, and automated Lombard loans to "mass affluent" customers with investable assets between £50,000 and £5 million. Bhandari stated that customer deposits will continue to earn interest, be fully backed by Monument, redeemable 1:1 for pounds, and protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person or per company.
Morpho Launches Fixed-Rate Lending Protocol Midnight on Base
decentralized lending protocol Morpho has officially launched Midnight, a fixed-rate, fixed-term lending protocol on the Base network. Midnight aims to introduce traditional credit market models into the on-chain financial ecosystem, further expanding the on-chain credit market.Midnight was first unveiled in May of this year. With this public launch, it will complement Morpho’s existing floating-rate lending protocol, Morpho Blue, offering users a fixed-rate lending option. (The Block)
Midnight Foundation: Wanchain Cardano<>BNB Bridge Attacked, Multiple Exchanges Jointly Freeze Related Assets
According to an official post from Midnight Foundation (@midnightfdn), the Wanchain Cardano<>BNB cross-chain bridge suffered a security attack. Currently, multiple major exchanges including KuCoin, Kraken, Binance, Bybit, OKX, and MEXC have responded rapidly, taking preventive measures to restrict the flow of stolen assets, including freezing relevant accounts and addresses, blacklisting the attacker's wallets, and suspending NIGHT token deposit and withdrawal services. The exchanges confirmed that this incident is an isolated third-party bridge vulnerability and is unrelated to the Midnight Network mainnet and the NIGHT asset itself.
Midnight：Multiple Exchanges Including Binance Freeze Funds Involved in Cross-Chain Bridge Attack
the Midnight Foundation has provided an update on the handling of the cross-chain bridge attack event involving Wanchain Cardano and BNB. Multiple exchanges including KuCoin, Kraken, Binance, Bybit, OKX, Gate, and MEXC have coordinated risk control actions, temporarily freezing the involved accounts and associated addresses, adding the hacker wallet to a blacklist, and pausing NIGHT token deposits and withdrawals as needed to curb the transfer and cashing out of stolen assets.The Foundation specifically noted that this security incident is an isolated incident related to a third-party cross-chain bridge, and the Midnight mainnet and native NIGHT assets have not been affected. The project team continues to collaborate with major exchanges and ecosystem partners to advance traceability investigations, reminding the community to rely on official disclosures for information and to be cautious of misinformation.
Morpho Releases Midnight Whitepaper, Introducing a Non-Custodial Protocol for Fixed-Rate, Fixed-Term Credit
Morpho announced on X platform the release of the Morpho Midnight whitepaper, unveiling a new non-custodial protocol specifically designed for fixed-rate, fixed-term credit markets. Meanwhile, the complete Midnight codebase has been open-sourced, and developers can directly access it via GitHub.
NIGHT to Launch Soon on Bitget PoolX—Stake BTC and ETH to Unlock 9 Million NIGHT Tokens
According to the official announcement, Bitget PoolX will soon launch the NIGHT project, with a total airdrop of 9,000,000 NIGHT tokens. This campaign features two BTC staking pools and two ETH staking pools, each allocated 4,500,000 NIGHT tokens for the airdrop. Each asset offers both standard and dynamic staking pools; the dynamic pool’s tiered staking limit is unlocked based on the user’s trading volume over the past 15 days, and corresponding staking quotas are allocated accordingly. The staking window opens from April 14 at 19:00 to April 19 at 19:00 (UTC+8). Users with positive net BTC and ETH deposits during the campaign period will receive 5% BTC and 8% ETH yield-boost vouchers upon PoolX completion. Additionally, users who meet the net deposit requirement and participate in PoolX for the first time will receive 10% BTC and 15% ETH yield-boost vouchers. Net deposit calculations conclude at 19:00 on April 18 (UTC+8). For more details, please refer to the official Bitget platform.
Related news
Empowa Suffers Unauthorized Transfer Incident, Approximately 4.24 Million EMP and 143,700 ADA Stolen
Empowa, a Cardano ecosystem project, disclosed two interrelated unauthorized asset transfer incidents across its three project wallets. Between November 2025 and June 2026, approximately 143,710 ADA were transferred out of one project treasury wallet in 18 transactions. The corresponding Midnight airdrop for this wallet was also registered and claimed by an unknown party using the private key, with approximately 36,000 NIGHT already transferred away. From June 2026 to August 2026, a cumulative total of approximately 4.24 million EMP tokens were transferred out of the other two project wallets, with portions sold via platforms such as Minswap and VyFi. Empowa stated that the funds from both incidents ultimately flowed into the same intermediate wallet, indicating they are controlled by the same party, although the identity of the individuals operating these private keys cannot currently be confirmed. The team has hired a professional blockchain investigation firm and plans to seek KYC information from the centralized exchange where the related funds ultimately entered.
Delayed by Months, Monument Bank's £250M Retail Deposit Tokenization Project Affected by UK Regulatory Issues
Odaily News: Monument Bank has delayed its project to tokenize £250 million (approximately $330 million) in UK retail bank deposits by several months, as the bank was unable to find a local crypto custodian in the UK that meets Financial Conduct Authority (FCA) standards and can handle zero-knowledge privacy proofs. Monument Bank founder Mintoo Bhandari stated that the bank originally planned to tokenize customer deposits on the privacy-focused public blockchain Midnight, and expects it will take another two months, with a launch to retail customers in November. To meet regulatory requirements, the bank has expanded its search for custody partners overseas and has found an FCA-approved Canadian custodian.Midnight is a privacy-first Layer 1 blockchain project funded by Charles Hoskinson that uses zero-knowledge proofs to keep customer information within Monument's systems while allowing the bank to prove compliance on-chain and provide audit records to regulators. Monument Bank announced the project in March of this year, planning to offer tokenized private equity, structured products, and automated Lombard loans to "mass affluent" customers with investable assets between £50,000 and £5 million. Bhandari stated that customer deposits will continue to earn interest, be fully backed by Monument, redeemable 1:1 for pounds, and protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person or per company.
Wanchain Proposes White Hat Settlement to Attacker, Allowing Them to Keep 10% as Bounty
Odaily News: Cross-chain infrastructure provider Wanchain has announced that it is proposing a white hat settlement to the attacker responsible for the July 20 exploit of the Wanchain Cardano cross-chain bridge, during which NIGHT tokens were stolen. The proposal requires the attacker to return 90% of the stolen NIGHT tokens before 20:00 Beijing time on August 6, and allows them to keep 10% as a white hat bounty. If the tokens are returned on time, Wanchain will regard the action as white hat behavior and will not pursue civil litigation.
Wanchain 遭黑客攻击 NIGHT 代币被盗，要求归还 90% 并承诺白帽豁免
据 Wanchain 官方 X 账号发文，2026 年 7 月 20 日，Wanchain Bridge Cardano 跨链桥遭到攻击，黑客盗取 NIGHT 代币。Wanchain 随即向攻击者发出公告，要求其在 8 月 6 日 UTC 12:00 前归还 90% 被盗 NIGHT 代币，可保留 10% 作为白帽赏金，并承诺不追究民事责任。 目前，有社区用户指出黑客已将 NIGHT 代币在 DEX 上完成兑换，NIGHT 代币价格下跌逾 30%，现报 0.0188 美元。
Wanchain cross-chain bridge vulnerability leads to 290 million NIGHT tokens withdrawn; NIGHT recovers nearly 19% in 24 hours
Wanchain’s cross-chain bridge suffered a vulnerability attack on Monday, resulting in the withdrawal of 290 million NIGHT tokens. The price of NIGHT briefly dropped approximately 43% to an all-time low, before partially recovering nearly 19% within 24 hours. Charles Hoskinson stated that the issue originated from an outdated cross-chain bridge architecture built by a third party, and that AI-driven vulnerability discovery is accelerating the exposure of vulnerabilities across all software, not limited to the crypto space. He believes that zero-knowledge systems such as Midnight are long-term solutions, which can replace trust in cross-chain bridge operators and multi-signature mechanisms with cryptographic proofs.
Morpho Launches Fixed-Rate Lending Protocol Midnight on Base
decentralized lending protocol Morpho has officially launched Midnight, a fixed-rate, fixed-term lending protocol on the Base network. Midnight aims to introduce traditional credit market models into the on-chain financial ecosystem, further expanding the on-chain credit market.Midnight was first unveiled in May of this year. With this public launch, it will complement Morpho’s existing floating-rate lending protocol, Morpho Blue, offering users a fixed-rate lending option. (The Block)