Cryptocurrency22 Jul 2026SEO 801 min read

Analysis: Midnight token rebounds 19% after Wanchain bridge hack, Hoskinson calls for ZK…

Charles Hoskinson says the exploit, which briefly sent NIGHT to an all-time low, underscores why the industry needs to move beyond legacy bridge infrastructure…

Charles Hoskinson says the exploit, which briefly sent NIGHT to an all-time low, underscores why the industry needs to move beyond legacy bridge infrastructure. A Wanchain bridge exploit on Monday drained 290 million NIGHT tokens, sending the price down roughly 43% to an all-time low before a partial recovery brought it back nearly 19% within 24 hours. Hoskinson blamed legacy bridge architecture built by a third party and said AI-powered exploit discovery is accelerating vulnerabilities across…

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