Midnight Token Recovers 19% After Wanchain Bridge Hack Triggers All-Time Low

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The Midnight token (NIGHT) has rebounded 19% following a hack targeting the Wanchain bridge that temporarily pushed the asset to an all-time low. The exploit exposed vulnerabilities in legacy cross-chain bridge infrastructure. Cardano founder Charles Hoskinson responded to the incident by calling on the blockchain industry to transition away from outdated bridge systems. Hoskinson specifically advocated for a shift toward zero-knowledge (ZK) proof-based solutions as a more secure alternative.

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