Business Insights
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact

Archives

  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • August 2023
  • January 2023
  • December 2021
  • July 2021
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Business
  • Crypto
  • Economy
  • Finance Expert
  • Forex
  • Invest News
  • Investing
  • Tech
  • Trading
  • Uncategorized
  • Videos
Apply Loan
Money Visa
Advertise Us
Money Visa
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact
11,000 Wallets Grab NIGHT Tokens in Cardano Airdrop Amid Disappointing $71M Upgrade
  • Crypto

11,000 Wallets Grab NIGHT Tokens in Cardano Airdrop Amid Disappointing $71M Upgrade

  • August 6, 2025
  • Roubens Andy King
Total
0
Shares
0
0
0
Total
0
Shares
Share 0
Tweet 0
Pin it 0

Cardano’s Midnight Network has launched its highly anticipated NIGHT token airdrop, and the crypto community responded in full force. Within hours of the August 5 launch of the “Glacier Drop” phase, over 11,000 wallets across eight major blockchains claimed more than 250 million NIGHT tokens.

Related Reading

The Midnight claim portal, now live, supports wallets from Cardano, Bitcoin, Ethereum, XRP, Solana, BNB, Avalanche, and Brave’s BAT. In total, 33.6 million wallets are eligible to participate in this multi-phase distribution.

ADA's price trends sideways on the daily chart, despite the launch of the highly anticipated Cardano NIGHT airdrop. Source: ADAUSD on Tradingview 

Phased Airdrop Mechanics and Cross-Chain Eligibility

While Cardano users will receive the largest share, 50% of the total 24 billion NIGHT tokens, holders from other networks are also included in the drop. The claim process is designed to be fair and non-custodial, requiring users to verify eligibility and sign a transaction.

This first phase will remain open for 60 days, followed by a second phase (Scavenger Mine) where users can earn unclaimed tokens through on-chain computational tasks. A third “Lost-and-Found” stage will begin post-mainnet and allow late claims for a limited fraction of the original allocation.

Ledger Wallet Glitch Hampers Some Cardano Users

Despite the excitement, not everything has gone smoothly. Many ADA holders using Ledger hardware wallets reported issues when trying to claim NIGHT tokens.

According to Cardano founder Charles Hoskinson, the problem lies with Ledger’s firmware, which currently supports message signing of only 31 bytes, far short of the 251 bytes needed for the Glacier Drop.

Related Reading

Cardano developers are actively working on a workaround, urging affected users to try again later in the month. “If you are one of the impacted people, then come back towards the end of the month and try again,” Hoskinson advised on X.

$71M Upgrade Fails to Lift ADA Price

Surprisingly, the airdrop’s momentum comes at a time when Cardano’s $71 million network upgrade has underwhelmed the market. Designed to enhance smart contract performance and scalability, the update has barely moved ADA’s price, which hovers around $0.72, a 2.92% drop in the last 24 hours.

Cover image from ChatGPT, ADAUSD chart from Tradingview

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Roubens Andy King

Previous Article
Bitcoin’s Return to 0L May Have to Wait Despite a Weakening Dollar
  • Forex

Bitcoin’s Return to $120L May Have to Wait Despite a Weakening Dollar

  • August 6, 2025
  • Roubens Andy King
Read More
Next Article
Google denies AI search features are killing website traffic
  • Tech

Google denies AI search features are killing website traffic

  • August 6, 2025
  • Roubens Andy King
Read More
You May Also Like
Crypto Treasury Narrative Bears Striking Similarly to Dotcom-Era Thinking
Read More
  • Crypto

Crypto Treasury Narrative Bears Striking Similarly to Dotcom-Era Thinking

  • Roubens Andy King
  • September 27, 2025
Ethereum price hits k support as ETFs see record 5m outflow
Read More
  • Crypto

Ethereum price hits $4k support as ETFs see record $795m outflow

  • Roubens Andy King
  • September 27, 2025
On Mining | Ethereum Foundation Blog
Read More
  • Crypto

On Mining | Ethereum Foundation Blog

  • Roubens Andy King
  • September 27, 2025
Bitcoin Daily RSI At Most Oversold Level Since April — Time To Buy? 
Read More
  • Crypto

Bitcoin Daily RSI At Most Oversold Level Since April — Time To Buy? 

  • Roubens Andy King
  • September 27, 2025
The UK Needs Regulatory Clarity That Matches Ambition
Read More
  • Crypto

The UK Needs Regulatory Clarity That Matches Ambition

  • Roubens Andy King
  • September 27, 2025
Bitcoin Price Forms Bearish Evening Star Pattern On Weekly Chart, But Can Price Go Below 0,000?
Read More
  • Crypto

Bitcoin Price Forms Bearish Evening Star Pattern On Weekly Chart, But Can Price Go Below $100,000?

  • Roubens Andy King
  • September 27, 2025
Trump-Linked WLFI Burns .43M in Tokens After Recent Buyback
Read More
  • Crypto

Trump-Linked WLFI Burns $1.43M in Tokens After Recent Buyback

  • Roubens Andy King
  • September 27, 2025
On Stake | Ethereum Foundation Blog
Read More
  • Crypto

On Stake | Ethereum Foundation Blog

  • Roubens Andy King
  • September 27, 2025

Recent Posts

  • When you receive your SALARY, DO THIS and GET RICH in 3 MONTHS – Robert Kiyosaki.
  • If I Started Investing in 2025, This Is What I Would Do
  • AI Adoption Set to Reshape Healthcare, Finance, Logistics | World Business Watch | WION
  • Master Investing with This Game-Changing Strategy! #shorts #finance
  • Federal Reserve Board – Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank
Featured Posts
  • When you receive your SALARY, DO THIS and GET RICH in 3 MONTHS  – Robert Kiyosaki. 1
    When you receive your SALARY, DO THIS and GET RICH in 3 MONTHS – Robert Kiyosaki.
    • March 23, 2026
  • If I Started Investing in 2025, This Is What I Would Do 2
    If I Started Investing in 2025, This Is What I Would Do
    • March 22, 2026
  • AI Adoption Set to Reshape Healthcare, Finance, Logistics | World Business Watch | WION 3
    AI Adoption Set to Reshape Healthcare, Finance, Logistics | World Business Watch | WION
    • March 21, 2026
  • Master Investing with This Game-Changing Strategy! #shorts #finance 4
    Master Investing with This Game-Changing Strategy! #shorts #finance
    • March 20, 2026
  • Federal Reserve Board – Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank 5
    Federal Reserve Board – Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank
    • March 20, 2026
Recent Posts
  • Between Truth and Turmoil: Dakota Mortensen Reacts to Taylor Frankie Paul’s Abuse Allegations
    Between Truth and Turmoil: Dakota Mortensen Reacts to Taylor Frankie Paul’s Abuse Allegations
    • March 20, 2026
  • Mohnish Pabrai: FASTEST Way To Financial Freedom! Proven Playbook For Quitting Your 9-5 In 9 Months!
    Mohnish Pabrai: FASTEST Way To Financial Freedom! Proven Playbook For Quitting Your 9-5 In 9 Months!
    • March 19, 2026
  • Federal Reserve Board – Agencies request comment on proposals to modernize the regulatory capital framework and maintain the strength of the banking system
    Federal Reserve Board – Agencies request comment on proposals to modernize the regulatory capital framework and maintain the strength of the banking system
    • March 19, 2026
Categories
  • Business (2,057)
  • Crypto (2,023)
  • Economy (235)
  • Finance Expert (1,687)
  • Forex (2,016)
  • Invest News (2,449)
  • Investing (2,040)
  • Tech (2,056)
  • Trading (2,024)
  • Uncategorized (2)
  • Videos (1,009)

Subscribe

Subscribe now to our newsletter

Money Visa
  • Privacy Policy
  • DMCA
  • Terms of Use
Money & Invest Advices

Input your search keywords and press Enter.