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🪙 Crypto

Midnight token rebounds 19% after Wanchain bridge hack — Hoskinson calls for ZK overhaul

The NIGHT token rebounded 19% after a hack on the Wanchain bridge briefly sent its price to an all-time low. Cardano co-founder Charles Hoskinson said the exploit highlights the urgent need for the crypto industry to move beyond legacy bridge infrastructure and adopt zero-knowledge (ZK) solutions. The incident once again exposed the security vulnerabilities associated with cross-chain bridges.

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