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Cardano's design kept ADA and Midnight safe from recent Binance hack, says founder Charles Hoskinson.

Market News
14 Nov 2026, 21:29 WIB
Tokenpost
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Bullish
Cardano's design kept ADA and Midnight safe from recent Binance hack, says founder Charles Hoskinson.

Cardano founder Charles Hoskinson stated that Cardano (ADA) and Midnight (NIGHT) were not affected by a recent hack involving Binance, attributing this to Cardano's unique architecture and staking model. He highlighted Cardano's liquid, noncustodial staking system, which allows ADA holders to delegate tokens while retaining control and the ability to use them freely. Hoskinson emphasized that these design choices, including the extended UTXO model and focus on AI, were made to enhance security and resilience in the evolving blockchain industry. This incident underscores the importance of building networks with strong security features.

Cardano (ADA) is trading at Rp2.817 with a notable 9.91% decline on Pluang as of Nov 15, 2026 02:51 WIB, while Midnight (NIGHT) is up 3.83% at Rp872. Despite the Binance hack mentioned in the news, ADA shows a strong market cap of Rp104,42T and NIGHT holds Rp14,53T, reflecting active trading volumes of Rp6T and Rp1,91T respectively. This market activity highlights the resilience and investor interest in these tokens amid security discussions.

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