Latest news with #NIGHT
Yahoo
06-08-2025
- Business
- Yahoo
Cardano's Midnight Begins NIGHT Airdrop Across Eight Chains in Privacy-Powered Rollout
Midnight Network, a privacy-focused sidechain in the Cardano ecosystem, has initiated its first token distribution phase for NIGHT, targeting users across eight major blockchains to reframe cross-chain value allocation. Dubbed the 'Glacier Drop,' the airdrop is live as of Wednesday and available to wallets that held at least $100 in native tokens on Bitcoin, Ethereum, Solana, BNB Chain, Cardano, Avalanche, XRP Ledger, or Brave as of a June 11 snapshot. Cardano holders are receiving the bulk of the NIGHT airdrop, with 50% of total supply allocated to ADA wallets. Bitcoin (BTC) holders follow with 20%, while the remaining 30% is distributed proportionally among ether (ETH), XRP (XRP), Solana's SOL (SOL), BNB (BNB), AVAX (AVAX), and BAT (BAT) holders based on USD value at the snapshot. Unlike typical airdrops, NIGHT tokens won't be tradable immediately. Instead, after Midnight mainnet goes live, tokens will unlock over four randomized events within a 360-day window, aiming to prevent speculative dumping and enforce staggered engagement. The drop is structured in three phases: Claim Phase – current 60-day window Scavenger Mine – a 30-day post-claim period rewarding on-chain engagement for unclaimed NIGHT Lost-and-Found – a four-year window for late claims after launch Midnight positions itself as a zero-knowledge smart contract network with selective disclosure, blending privacy and transparency in regulated use cases. The NIGHT rollout marks a rare coordinated, non-EVM-native airdrop targeting multiple Layer 1 ecosystems, and could shape future distribution mechanics for privacy-focused chains. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Midnight Network Unveils NIGHT Tokenomics, 'Glacier Drop' Airdrop Mechanism
Midnight Network, a privacy-focused blockchain leveraging zero-knowledge smart contracts, published its tokenomics paper and unveiled its 'Glacier Drop' airdrop mechanism in advance of claims for the native NIGHT token starting next month. The project said Glacier Drop is a novel process that allocates all NIGHT tokens to users across eight major blockchain ecosystems and rolls out in three sequential phases. The tokens will be available on Bitcoin, Ethereum, Cardano, Solana, Binance Chain, Brave, Ripple and Avalanche, the company said in a press release Monday. First, during a 60-day claim period starting in July, eligible wallets, those holding at least $100 in native tokens at the time of a pre-announced snapshot, can claim their full allocation. That is followed by a 30-day Scavenger Mine phase, which redistributes any unclaimed tokens to participants who complete computational tasks using a proof-of-work-like mechanism. After the network's mainnet launch later this year, a four-year Lost-and-Found phase will allow original claimants who missed the initial window to recover part of their allocation through self-directed verification. To avoid supply shocks, NIGHT tokens will unlock in four randomized installments over a 360-day period. This "thawing mechanism" is intended to damp volatility and promote long-term engagement with the network. Fahmi Syed, president of the Cayman-based Midnight Foundation, which oversees the project, said the approach reflects the network's broader vision of "rational privacy," giving developers granular control over what data is shared on-chain. The eligibility snapshot has already taken place, and more information is available at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
14-06-2025
- Sport
- Time of India
UFC Atlanta: Live streaming, venue, date, time of Joaquin Buckley-Kamaru Usman main fight
Joaquin Buckley is set to square off against former welterweight champion Kamaru Usman (20-4 MMA, 15-3 UFC) in the main event of UFC Fight Night in Atlanta, taking place Saturday night at State Farm Arena . The event marks the UFC's long-awaited return to Atlanta, the first since UFC 236 in April 2019, where Dustin Poirier famously captured the interim lightweight title in a thriller against Max Holloway. Buckley (21-6 MMA, 11-4 UFC) added fuel to the fire by boldly calling out Usman, declaring his intentions to become the next champion. His confidence adds extra anticipation to an already stacked card in the Peach State. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo — ufc (@ufc) Usman, on the other hand, views the bout as a critical moment in his comeback journey. Determined to prove he still belongs among the division's elite, the former champ is eyeing this clash as a statement performance to re-establish his dominance at welterweight. Live Events HOW TO WATCH UFC ATLANTA FIGHT NIGHT Main Event: Kamaru Usman vs Joaquin Buckley Location: State Farm Arena Date: June 14, Saturday Main Card Start Time: 10pm Eastern Time Where to Watch: ESPN, ESPN+, UFC Fight Pass, DAZN Other Main Card Matches: Rose Namajunas vs Miranda Maverick Edmen Shahbazyan vs Andre Petroski Cody Garbrandt vs Raoni Barcelos Mansur Abdul-Malik vs Cody Brundage Alonzo Menifield vs Oumar Sy
India.com
31-05-2025
- General
- India.com
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Yahoo
14-05-2025
- Business
- Yahoo
Cardano's Hoskinson Rejects Crypto Tribalism, Reveals Fresh Details on Massive ‘Glacier Drop'
ADA's Charles Hoskinson wants crypto's tribal warfare to end, and he's prepared to drop tokens on 37 million wallets across eight different blockchains to make peace. "Every Consensus, there's a new token... running around saying, 'my thing is better than your thing,'" Hoskinson said on stage at Consensus 2025 in Toronto. "The Nash equilibria is competitive, not cooperative." Using Midnight's upcoming airdrop, called Glacier Drop, for Cardano's privacy-focused sidechain that's currently under construction, Hoskinson thinks he can do his part to bring peace to the crypto galaxy. Glacier Drop was first teased in late 2024, Hoskinson revealed key new details during his speech at Consensus 2025, including Midnight's expansive multi-chain approach. Hoskinson confirmed that Midnight tokens, both the NIGHT governance token and the DUST privacy-focused transaction token, will be distributed to approximately 37 million users across eight major blockchains. Unlike typical token launches, Midnight's tokens will be distributed entirely to the retail community with zero allocation to venture capitalists or early insiders, Hoskinson said. The Cardano founder said on stage that he dismissed venture capital interest in Midnight's token launch, saying he had 'no f-ing time for your ponzi' and told them to 'get the hell out,' opting instead to give the tokens away in what he pitched as a principled, VC-free airdrop. Recipients of Midnight tokens from the upcoming Glacier Drop can freely keep, trade, or discard them, Hoskinson explained, a departure from traditional crypto airdrops that typically reward insiders or early adopters exclusively. "You already have it, congratulations," Hoskinson said. "It's yours. It's your property." Glacier Drop underscores Hoskinson's vision of "cooperative economics," another core concept introduced during his speech. Midnight's new economic model will enable developers from different blockchain networks to seamlessly build hybrid decentralized applications, allowing users to pay fees in their native tokens. Ethereum developers pay in ETH, Solana developers in SOL, and Bitcoin developers in BTC, Hoskinson explained. Validators across different chains can collaboratively maintain the network, earning rewards regardless of their blockchain affiliation. Midnight is currently in testnet, with a mainnet launch expected by late 2025. Hoskinson sees the Glacier Drop, cooperative economics, and rational privacy as essential ingredients for welcoming billions of mainstream users expected as Big Tech companies finally enter crypto. "This is the project that I'm having the most fun with right now," Hoskinson said, "because it's the project where I get to be friends with everybody."
