NEW: Charles Hoskinson says "Midnight and the $NIGHT smart contract on Cardano are operating just fine, running 24/7, no incidents or issues. Glacier Drop is continuing. None of Midnight's infrastructure has been hacked. Nothing on Cardano related to Midnight has been hacked."

What happened

Charles Hoskinson confirmed that the Midnight project and its $NIGHT smart contract on the Cardano blockchain are operating continuously without any incidents, hacks, or technical problems.

Confirmed

Global impact / market context

Investors in Cardano (ADA) and the $NIGHT token gain confidence that the platform’s infrastructure is secure and functional, reducing perceived risk and supporting the token’s credibility.

Analyst inference

The statement comes amid broader concerns about blockchain security, and a clear assurance helps maintain stability for Cardano‑related assets, which could otherwise face price pressure from hack rumors.

Analyst inference

What to watch

1. Any future updates from Charles Hoskinson or Cardano developers about Midnight’s performance, which could signal continued stability or emerging issues. Proposed
2. Trading volume and price movement of the $NIGHT token, as market participants react to the security reassurance. Proposed
3. Reports of security incidents on Cardano’s network that might indirectly affect confidence in Midnight’s infrastructure. Proposed

Affected assets

• ADA — Cardano
• NIGHT — Midnight

Evidence

• x.com