• Crypto Market
  • Crypto List
  • Converter
The cryptonews hub
  • Currency Prices
  • Top Gainers
  • Top Losers
  • Trending News
  • Crypto News
    • Bitcoin
    • Ethereum
    • NFT
    • Tech
  • Blockchain
  • Market
  • Crypto Events
Reading: Cardano sidechain Midnight starts token distribution to ADA, XRP, BTC holders
Share
The cryptonews hubThe cryptonews hub
Font ResizerAa
  • Trending News
  • Crypto News
  • Blockchain
  • Market
  • Crypto Events
  • Trending News
  • Crypto News
    • Bitcoin
    • NFT
    • Ethereum
    • Tech
  • Blockchain
  • Market
  • Quick Links
    • Crypto Converter
    • Crypto List
    • Crypto Market
    • Currency Prices
    • Crypto Events
    • Exchange
    • Top Gainers
    • Top Losers
Follow US

© 2026 The Crypto News Hub. Powered by Pantrade Blockchain

The cryptonews hub > Blog > Trending News > Cardano sidechain Midnight starts token distribution to ADA, XRP, BTC holders
Trending News

Cardano sidechain Midnight starts token distribution to ADA, XRP, BTC holders

Crypto Team
Last updated: August 6, 2025 5:05 am
Crypto Team
Published: August 6, 2025
Share
wp header logo 560 Cardano sidechain Midnight starts token distribution to ADA, XRP, BTC holders

Cardano privacy-focused sidechain Midnight Network has opened the Claim Phase of its NIGHT tokens.

Midnight stated that Glacier Drop will be a multi-phase, community-focused distribution intended to broaden access while resisting manipulation. 

- Advertisement -

After the current Claim Phase, a 30-day “Scavenger Mine” will let newcomers perform on-chain work for unclaimed tokens, and a four-year “Lost-and-Found” will enable late claims from original eligible wallets following mainnet launch.

The window to claim remains open for 60 days, according to the project’s announcement and portal guidance. 

Midnight Foundation president Fahmi Syed stated: 

“This airdrop is a rethink of how value and access can be distributed across chains, communities, and use cases and is designed to resist manipulation and encourage long-term engagement.”

Participants can access the claim process via Midnight’s official Glacier Drop portal by connecting a qualifying wallet and following the non-custodial flow.

Claimed NIGHT does not unlock immediately. Once the mainnet is live, tokens will enter a Redemption Period that releases holdings in four random “thaw” events over 360 days, a structure designed to smooth supply and reward longer-term participation. 

Midnight TGE, the entity responsible for the initial NIGHT distribution in line with the network’s decentralization plan, will administer the rollout. The team reiterated that users should verify they are using the official URL before connecting a wallet. 

Midnight positions itself as a privacy-first network that uses zero-knowledge proofs and selective disclosure to let users share data when necessary while keeping sensitive information protected. 

source

Bitcoin Exceeds $81,000: The Impact of Trump’s Election Victory
South Korean FSC head nominee faces backlash after denouncing crypto
Jupiter X Account Recovery: How Jupiter Overcame Scam Attack and Regained Control
Ethereum sets sight on becoming the ‘global computer’ in the next 10 years
Why the SEC is stalling new crypto ETFs even after greenlighting them
Share This Article
Facebook Email Copy Link Print
Share
Previous Article wp header logo 559 The next SHIB isn’t BONK, PEPE or WIF, here’s the token that could be The next SHIB isn’t BONK, PEPE or WIF, here’s the token that could be
Next Article wp header logo 561 Arthur Hayes Warns Of Potential 19% Bitcoin Crash, Abandons Major Positions Arthur Hayes Warns Of Potential 19% Bitcoin Crash, Abandons Major Positions
Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Follow US

Find US on Socials
FacebookLike
XFollow
InstagramFollow
Trending News
19 KinetFlow Launch Boosts Conflux Cross-Chain Capabilities
KinetFlow Launch Boosts Conflux Cross-Chain Capabilities
wp header logo 1923 How M2 money supply and the dollar REALLY move Bitcoin price – The truth influencers aren’t telling you
How M2 money supply and the dollar REALLY move Bitcoin price – The truth influencers aren’t telling you
wp header logo 1922 This $4.3M crypto home invasion shows how a single data leak can put anyone’s wallet — and safety — at risk
This $4.3M crypto home invasion shows how a single data leak can put anyone’s wallet — and safety — at risk
wp header logo 1918 Japan’s 20% crypto tax sets a new bar in Asia, pressuring Singapore and Hong Kong as retail costs fall
Japan’s 20% crypto tax sets a new bar in Asia, pressuring Singapore and Hong Kong as retail costs fall
wp header logo 1916 Did you know Bitcoin can stay alive without the internet?
Did you know Bitcoin can stay alive without the internet?
The cryptonews hub

The Cryptonews Hub brings breaking news on Bitcoin, Ethereum, Ripple, NFTs, DeFi, and blockchain. Get real-time prices, expert analysis, and earn free Bitcoin. Follow for top crypto updates!

Top Insight

Snoop Dogg NFT Collection Sells Out in 30 Minutes
December 31, 2025
Ethereum Quietly Sets Record Smart Contract Deployments
December 31, 2025

Top Categories

  • Trending News
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • Tech
  • Blockchain
  • Market

Quick Links

  • Crypto Market
  • Crypto List
  • Converter
  • Currency Price
  • Crypto Events
  • Top Exchanges
  • Top Gainers
  • Top Losers

© 2026 The Crypto News Hub. Powered by Pantrade Blockchain

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?