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Cardano Updates

Hydra v1 release

There’s a comprehensive update on the IOG blog covering the v1 release of Hydra, which enables a copy of the main ledger state to be modified among selected participants in a state channel or head. The hydra head allows fast and low cost transactions that can be periodically settled (or flushed) back to the Cardano…

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Cardano Updates

Kraken partners with Midnight

Some more positive Midnight partner news (in addition to the recent Google Cloud announcement). Kraken recently dropped this tweet on X which will be particularly relevant if you use the exchange and hold ADA in their staking product. Kraken is proud to partner with @MidnightNtwrk to support the Midnight (NIGHT) Glacier Drop. We’re excited to…

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Cardano Updates

Midnight Glacier Drop

If you’ve been following developments on Midnight you will know that the Glacier drop has started, with the opportunity to claim an allocation if you held more than $100 in value on eligible chains at the time of the snapshot. The eligible chains include ADA, BTC, ETH, XRP, AVAX, BAT, BNB, and SOL with varying…

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Cardano Updates

Midnight Tokenomics

News just out on the distribution of Midnight token ($NIGHT) from the Midnight team. Good news that Cardano will be getting 50% of the total distribution, with 20% of the supply allocated to BTC holders. The remaining 30% will be split among holders of ETH, SOL, XRP, BNB, AVAX, and BAT, in proportion to their relative USD…

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Cardano Updates

Cardano 360

Tim and crew with the regular update on developments across the ecosystem including: Lots happening as ever, embedded below for convenience.