Naccy小妹
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The series of hacker incidents in 2025 made me start to rethink the security logic of Midnight
If we look at several security incidents that occurred in 2025 together, there is actually a strong feeling: the entire industry is undergoing a real security stress test.
First, Bybit was hacked for nearly 1.5 billion dollars, followed by security incidents at exchanges like CoinDCX and BtcTurk. Adding some cross-chain bridges and protocol vulnerabilities, nearly 3.4 billion dollars were stolen over the year.
These numbers were almost unimaginable a few years ago, but they are becoming increasingly common now. Many people's first reaction upon seeing this news is often, 'Is there a vulnerability in the code?' However, if you take a closer look at many attack post-mortem reports, you'll find that things are not that simple. In the past, the understanding of blockchain security was mostly at the technical level. For example, whether smart contracts have vulnerabilities, whether the signature mechanism is secure, and whether consensus algorithms can be attacked.
First, Bybit was hacked for nearly 1.5 billion dollars, followed by security incidents at exchanges like CoinDCX and BtcTurk. Adding some cross-chain bridges and protocol vulnerabilities, nearly 3.4 billion dollars were stolen over the year.
These numbers were almost unimaginable a few years ago, but they are becoming increasingly common now. Many people's first reaction upon seeing this news is often, 'Is there a vulnerability in the code?' However, if you take a closer look at many attack post-mortem reports, you'll find that things are not that simple. In the past, the understanding of blockchain security was mostly at the technical level. For example, whether smart contracts have vulnerabilities, whether the signature mechanism is secure, and whether consensus algorithms can be attacked.
PINNED
#night $NIGHT
Sometimes when looking at the cryptocurrency market, there is a rather strange feeling: the most discussed topic is often the price, but very few people take a serious look at how a network is actually designed.
For example, security incidents have not stopped over the past few years. In 2025, the entire industry had over 3 billion dollars stolen, and many attacks were not simple vulnerabilities, but actions prepared over a long time. Hackers observe addresses, analyze the flow of funds, and even approach target systems in various ways.
This situation has slowly made me realize an issue: the transparency of blockchain is an advantage in many cases, but it can also bring new risks in certain situations.
On-chain transactions, the scale of funds, and address associations can all be publicly analyzed. If an institution manages a large amount of assets, then this completely transparent environment may not be suitable for long-term operation.
Recently, when I re-studied Midnight, I found that it has a rather interesting direction in its design. Through zero-knowledge proofs, transactions can maintain privacy, but the network can still verify the legality of transactions. In other words, the system remains trustworthy, but data does not need to be fully disclosed.
If this model is applied to future large-scale financial applications, it is actually closer to the real world. Banking systems, corporate finances, and cross-border settlements do not fully disclose all transaction details.
As far as I understand, NIGHT in this network is not only a core asset but also plays a role in supporting privacy computing and network operations. If more and more businesses require privacy infrastructure in the future, the value of such networks may slowly be understood by more people.
Many times, the price is just a reflection of market sentiment, and what is truly worth studying is actually what problem a network is solving.
@MidnightNetwork
$NIGHT
Sometimes when looking at the cryptocurrency market, there is a rather strange feeling: the most discussed topic is often the price, but very few people take a serious look at how a network is actually designed.
For example, security incidents have not stopped over the past few years. In 2025, the entire industry had over 3 billion dollars stolen, and many attacks were not simple vulnerabilities, but actions prepared over a long time. Hackers observe addresses, analyze the flow of funds, and even approach target systems in various ways.
This situation has slowly made me realize an issue: the transparency of blockchain is an advantage in many cases, but it can also bring new risks in certain situations.
On-chain transactions, the scale of funds, and address associations can all be publicly analyzed. If an institution manages a large amount of assets, then this completely transparent environment may not be suitable for long-term operation.
Recently, when I re-studied Midnight, I found that it has a rather interesting direction in its design. Through zero-knowledge proofs, transactions can maintain privacy, but the network can still verify the legality of transactions. In other words, the system remains trustworthy, but data does not need to be fully disclosed.
If this model is applied to future large-scale financial applications, it is actually closer to the real world. Banking systems, corporate finances, and cross-border settlements do not fully disclose all transaction details.
As far as I understand, NIGHT in this network is not only a core asset but also plays a role in supporting privacy computing and network operations. If more and more businesses require privacy infrastructure in the future, the value of such networks may slowly be understood by more people.
Many times, the price is just a reflection of market sentiment, and what is truly worth studying is actually what problem a network is solving.
@MidnightNetwork
$NIGHT
666
周周1688
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[Ended] 🎙️ BTC行情向上、多单吃肉！
27.7k listens
Meme coin, how to market, let's learn together!
[Replay] 🎙️ 《加密人生》系列第十期：模因币通用营销方案浅析。
22点整开始分享，欢迎关注。
02 h 17 m 15 s · 230 listens
#直播新体验
The live room can finally set three co-hosts online at the same time. Today, the live room witnessed it! So exciting! Come on, listen to my command: Eggplant——cheese！
Currently, the Ping An APP should be in the testing phase, and soon everyone will be able to see this screen. Not only does this save everyone's waiting time, but multiple co-hosts can also coordinate the work of the anchors. I must say, An An is really so loving in this regard.
Thanks to all the friends who have witnessed Naccy and the journey so far. Let’s build Binance Square together, and let’s work hard!
As long as everyone contributes a little love, Binance Square will surely grow bigger and stronger, without a doubt!
The live room can finally set three co-hosts online at the same time. Today, the live room witnessed it! So exciting! Come on, listen to my command: Eggplant——cheese！
Currently, the Ping An APP should be in the testing phase, and soon everyone will be able to see this screen. Not only does this save everyone's waiting time, but multiple co-hosts can also coordinate the work of the anchors. I must say, An An is really so loving in this regard.
Thanks to all the friends who have witnessed Naccy and the journey so far. Let’s build Binance Square together, and let’s work hard!
As long as everyone contributes a little love, Binance Square will surely grow bigger and stronger, without a doubt!
·
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🎙️ 群鹰荟萃！更换白头鹰头像即可获得8000Hawk空投奖励！同时解锁其它更多奖项权益！Hawk维护生态平衡，传播自由理念，正在影响全世界！！！
End
04 h 12 m 03 s
8k
106
#night $NIGHT
I realized the importance of the NIGHT network only after Nobitex was attacked by political hackers
Recently, there was a piece of news that surprised me: Iran's largest cryptocurrency exchange, Nobitex, was hacked, resulting in a loss of nearly 100 million dollars. But even more outrageous is that many analyses suggest that the purpose of this attack might not just be financial, but rather a political act.
This matter is actually quite worth pondering. In the past, when people talked about blockchain security, they usually thought only of hackers making money, exploiting vulnerabilities, and so on. But now the situation seems to be changing.
As the scale of the cryptocurrency industry grows larger, exchanges, capital flows, and even on-chain data could become new "attack targets." Sometimes the target may not be the assets themselves, but rather information, influence, or even market confidence.
Later, I thought about it; in fact, one characteristic of many blockchain networks is that the data is overly transparent. Funding addresses, transaction paths, and asset sizes can all be analyzed by on-chain tools. This transparency is an advantage in many cases but can also bring new risks in certain environments.
Recently, while looking at Midnight's information, I found its design philosophy quite interesting. Through zero-knowledge proofs, transaction data can remain private, while the network can still verify the authenticity of the transactions. In other words, the system remains trustworthy, but not all information will be fully disclosed.
If in the future blockchain truly carries more and more real-world businesses, then enterprises, institutions, and even national-level funds may be unwilling to expose all their data on-chain.
From what I understand, NIGHT in this network is not only an asset but also plays an important role in supporting the operation of privacy computing networks. As the industry scales up, the significance of this type of infrastructure might slowly be understood by more people.
Many people currently focus only on the hacker incidents themselves, but sometimes, certain events serve as reminders to the industry: the underlying architecture may need an upgrade.
@MidnightNetwork $NIGHT
#night
I realized the importance of the NIGHT network only after Nobitex was attacked by political hackers
Recently, there was a piece of news that surprised me: Iran's largest cryptocurrency exchange, Nobitex, was hacked, resulting in a loss of nearly 100 million dollars. But even more outrageous is that many analyses suggest that the purpose of this attack might not just be financial, but rather a political act.
This matter is actually quite worth pondering. In the past, when people talked about blockchain security, they usually thought only of hackers making money, exploiting vulnerabilities, and so on. But now the situation seems to be changing.
As the scale of the cryptocurrency industry grows larger, exchanges, capital flows, and even on-chain data could become new "attack targets." Sometimes the target may not be the assets themselves, but rather information, influence, or even market confidence.
Later, I thought about it; in fact, one characteristic of many blockchain networks is that the data is overly transparent. Funding addresses, transaction paths, and asset sizes can all be analyzed by on-chain tools. This transparency is an advantage in many cases but can also bring new risks in certain environments.
Recently, while looking at Midnight's information, I found its design philosophy quite interesting. Through zero-knowledge proofs, transaction data can remain private, while the network can still verify the authenticity of the transactions. In other words, the system remains trustworthy, but not all information will be fully disclosed.
If in the future blockchain truly carries more and more real-world businesses, then enterprises, institutions, and even national-level funds may be unwilling to expose all their data on-chain.
From what I understand, NIGHT in this network is not only an asset but also plays an important role in supporting the operation of privacy computing networks. As the industry scales up, the significance of this type of infrastructure might slowly be understood by more people.
Many people currently focus only on the hacker incidents themselves, but sometimes, certain events serve as reminders to the industry: the underlying architecture may need an upgrade.
@MidnightNetwork $NIGHT
#night
In 2025, the cryptocurrency industry was hacked for 3.4 billion dollars, and I realized that the design of Midnight might not just be about privacy.
In the past year, if you have been paying attention to security reports, you may have noticed an increasingly obvious trend: behind many large attacks, you can see the same name - the North Korean Lazarus group. According to statistics from multiple security agencies, the total amount of stolen assets in the cryptocurrency industry in 2025 is approximately 3.4 billion dollars, of which nearly 2 billion is believed to come from this organization.
This number is actually quite frightening. It means that a national-level hacker team has taken the cryptocurrency industry as a long-term target, rather than as an occasional opportunistic attack. When many people discuss these events, they always focus on vulnerabilities, code audits, or private key management. But I gradually realized that these are just surface issues.
This number is actually quite frightening. It means that a national-level hacker team has taken the cryptocurrency industry as a long-term target, rather than as an occasional opportunistic attack. When many people discuss these events, they always focus on vulnerabilities, code audits, or private key management. But I gradually realized that these are just surface issues.
Plain Talk on Bitcoin: A 5000-word Hardcore Guide for Newcomers in the Crypto Space — From Genesis to Dollar-Cost Averaging, All the Hard Truths After My Pitfalls
When I first entered the crypto space, I was like a headless fly crashing around: scrolling through the group’s myths of 'getting rich overnight', watching the K-line charts with my heart racing, flipping through all the popular science on Zhihu and Twitter, and getting more and more confused — some said Bitcoin is the currency of the future, others called it a Ponzi scheme, and there were those who patted their chests and said 'it will eventually go to zero.' At that time, I couldn’t even distinguish between 'public key' and 'private key', let alone understand proof of work or Merkle trees. It wasn’t until I gambled half a month’s salary into it, catching the 2022 LUNA crash, that Bitcoin plummeted by 30%, and my account shrank overnight. Staring at the red and green K-lines until dawn, I finally understood: what newcomers lack is not the trick to getting rich, but the deep understanding of Bitcoin.
#night $NIGHT
I have been thinking: why would traditional companies be willing to study networks like Midnight?
Sometimes when browsing industry news, I come across some quite counterintuitive headlines. For instance, some traditional enterprises are starting to research things like blockchain nodes and privacy networks. Many people's first reaction is: are they also getting into cryptocurrency trading?
But upon further reflection, I realized that the logic might not be that simple.
When traditional companies handle data, the biggest headache is often not the technology itself, but the issue of data transparency. The biggest feature of blockchain is its openness and transparency, but a company's data often needs to remain confidential. Supply chain prices, customer information, contract amounts—if all of this were made public, it would be unacceptable for many businesses.
So when I recently looked into materials related to Midnight, one feeling was quite obvious: its design actually seems to be solving the contradiction of enterprises putting data on the chain. The data itself can remain private, but through zero-knowledge proofs, one can still verify whether a transaction or state is real.
In other words, you can prove that something has happened without needing to disclose all the details.
This idea, if applied to real-world business environments, is actually quite meaningful. Companies can share trustworthy data on the chain while not exposing core information.
As far as I know, NIGHT in this network is not only an asset but also plays a role in maintaining network operations and privacy calculations. If more and more businesses require this kind of infrastructure in the future, then the value of such networks may slowly become apparent.
Many people currently look at blockchain and only focus on the price. But from a longer-term perspective, real change often occurs when the technology is actually used.
@MidnightNetwork $NIGHT
#night
I have been thinking: why would traditional companies be willing to study networks like Midnight?
Sometimes when browsing industry news, I come across some quite counterintuitive headlines. For instance, some traditional enterprises are starting to research things like blockchain nodes and privacy networks. Many people's first reaction is: are they also getting into cryptocurrency trading?
But upon further reflection, I realized that the logic might not be that simple.
When traditional companies handle data, the biggest headache is often not the technology itself, but the issue of data transparency. The biggest feature of blockchain is its openness and transparency, but a company's data often needs to remain confidential. Supply chain prices, customer information, contract amounts—if all of this were made public, it would be unacceptable for many businesses.
So when I recently looked into materials related to Midnight, one feeling was quite obvious: its design actually seems to be solving the contradiction of enterprises putting data on the chain. The data itself can remain private, but through zero-knowledge proofs, one can still verify whether a transaction or state is real.
In other words, you can prove that something has happened without needing to disclose all the details.
This idea, if applied to real-world business environments, is actually quite meaningful. Companies can share trustworthy data on the chain while not exposing core information.
As far as I know, NIGHT in this network is not only an asset but also plays a role in maintaining network operations and privacy calculations. If more and more businesses require this kind of infrastructure in the future, then the value of such networks may slowly become apparent.
Many people currently look at blockchain and only focus on the price. But from a longer-term perspective, real change often occurs when the technology is actually used.
@MidnightNetwork $NIGHT
#night
I suddenly realized while going through materials: many people may not understand the real problem Midnight wants to solve.
Recently, while I was going through some privacy project materials, I suddenly realized something: many people discussing Midnight are actually a bit off in their direction.
The most frequently asked question is:
Is this chain strongly anonymous?
Can transactions be completely hidden?
But the more I look at it, the more I feel that Midnight seems to not be comparing 'who is darker' with those traditional privacy chains.
It’s more like addressing another question: whether real-world institutions dare to use blockchain.
If you think about it carefully, the biggest problem with many public chains right now is actually not the technology, but how transparent they are. Transaction addresses, fund flows, asset scales, all displayed on the chain. For ordinary users, this might just be a privacy issue, but for companies, it becomes a matter of trade secrets.
The most frequently asked question is:
Is this chain strongly anonymous?
Can transactions be completely hidden?
But the more I look at it, the more I feel that Midnight seems to not be comparing 'who is darker' with those traditional privacy chains.
It’s more like addressing another question: whether real-world institutions dare to use blockchain.
If you think about it carefully, the biggest problem with many public chains right now is actually not the technology, but how transparent they are. Transaction addresses, fund flows, asset scales, all displayed on the chain. For ordinary users, this might just be a privacy issue, but for companies, it becomes a matter of trade secrets.
Midnight Network: The Future of Privacy Blockchain Has Arrived!
Recently, I have been focusing on a particularly interesting project—Midnight Network. You might be wondering, what makes this blockchain project different from others? But let me tell you, Midnight Network is definitely unique! It seamlessly combines blockchain technology with privacy protection, making me feel that this project is truly an important direction for the future development of blockchain.
Can blockchain solve privacy issues?
Many people's first reaction to understanding blockchain technology is, 'Wow, all transactions are public and transparent.' Yes, that's true; the decentralization and transparency of blockchain are its biggest highlights. But the problem lies here—privacy! You may not want all transaction details to be publicly displayed, especially when it involves sensitive data.
Can blockchain solve privacy issues?
Many people's first reaction to understanding blockchain technology is, 'Wow, all transactions are public and transparent.' Yes, that's true; the decentralization and transparency of blockchain are its biggest highlights. But the problem lies here—privacy! You may not want all transaction details to be publicly displayed, especially when it involves sensitive data.
I saw the GitHub update of Midnight Network and found that this project has something special.
Today, I accidentally came across the latest update of Midnight Network on GitHub, which surprisingly made me view this project in a new light. As a cryptocurrency enthusiast, I have always enjoyed understanding every blockchain project from a technical perspective, especially privacy-focused projects like Midnight Network. Seeing its development progress, I feel that this project is definitely worth paying attention to.
Firstly, the updates on GitHub show that Midnight Network is continuously improving its zero-knowledge proof (zk-SNARKs) technology. For blockchain, privacy protection and data transparency have always been two conflicting aspects, and Midnight Network has solved this dilemma through its innovative zero-knowledge proof technology. It allows you to validate transaction validity without exposing any sensitive information, which undoubtedly brings good news to those users who value privacy.
Moreover, from the content of the updates, Midnight Network is not only performing well in privacy protection, but its $NIGHT token ecosystem is also gradually becoming richer. The code on GitHub shows that tokens are not only used for paying transaction fees, but their role in governance and reward mechanisms is also gradually becoming apparent. As a token holder, you can not only participate in the governance of the network but also enjoy the rewards brought by staking. Such a design can clearly motivate more users and developers to get involved and jointly promote the growth of the project.
The updates I have seen make me even more期待 for Midnight Network. It is not just a privacy protection project; it is also a blockchain platform with long-term development potential. The $NIGHT token also gives me a glimpse of broader investment and participation opportunities.
If you are also interested in privacy protection and decentralized governance, Midnight Network is undoubtedly a project worth following.
@MidnightNetwork $NIGHT
#night
Today, I accidentally came across the latest update of Midnight Network on GitHub, which surprisingly made me view this project in a new light. As a cryptocurrency enthusiast, I have always enjoyed understanding every blockchain project from a technical perspective, especially privacy-focused projects like Midnight Network. Seeing its development progress, I feel that this project is definitely worth paying attention to.
Firstly, the updates on GitHub show that Midnight Network is continuously improving its zero-knowledge proof (zk-SNARKs) technology. For blockchain, privacy protection and data transparency have always been two conflicting aspects, and Midnight Network has solved this dilemma through its innovative zero-knowledge proof technology. It allows you to validate transaction validity without exposing any sensitive information, which undoubtedly brings good news to those users who value privacy.
Moreover, from the content of the updates, Midnight Network is not only performing well in privacy protection, but its $NIGHT token ecosystem is also gradually becoming richer. The code on GitHub shows that tokens are not only used for paying transaction fees, but their role in governance and reward mechanisms is also gradually becoming apparent. As a token holder, you can not only participate in the governance of the network but also enjoy the rewards brought by staking. Such a design can clearly motivate more users and developers to get involved and jointly promote the growth of the project.
The updates I have seen make me even more期待 for Midnight Network. It is not just a privacy protection project; it is also a blockchain platform with long-term development potential. The $NIGHT token also gives me a glimpse of broader investment and participation opportunities.
If you are also interested in privacy protection and decentralized governance, Midnight Network is undoubtedly a project worth following.
@MidnightNetwork $NIGHT
#night
Midnight Network: The future of privacy blockchain has arrived!
Recently, I have been paying attention to a particularly interesting project—Midnight Network. You might be wondering, is this just another blockchain project, what makes it different from others? But I tell you, Midnight Network is definitely not the same! It seamlessly combines blockchain technology with privacy protection, making me feel that this project is truly an important direction for the future development of blockchain.
Can blockchain solve privacy issues?
Many people's first reaction to understanding blockchain technology is, “Wow, all transactions are public and transparent.” Yes, this point is correct; the decentralization and transparency of blockchain are its biggest highlights. But the problem lies here—privacy! You may not want all transaction details to be publicly displayed, especially when it comes to sensitive data.
Can blockchain solve privacy issues?
Many people's first reaction to understanding blockchain technology is, “Wow, all transactions are public and transparent.” Yes, this point is correct; the decentralization and transparency of blockchain are its biggest highlights. But the problem lies here—privacy! You may not want all transaction details to be publicly displayed, especially when it comes to sensitive data.
Returning still as a youth, may you turn perfectly once again!
[Replay] 🎙️ 《加密人生》系列第八期：愿你穿越牛熊周期，归来仍是屯币少年。22点准时开始，欢迎关注。
01 h 50 m 13 s · 209 listens
Using code as bricks and trust as anchors: Seeing the dawn of machine civilization in the circulation of $ROBO
At three in the morning, the city sleeps, and only a window lets out a stubborn light. The glow of the code editor, like a lonely star, illuminates the side profile of developer Lin Yi. On the screen, the core architecture of the Fabric Protocol is taking shape line by line. This is not just a technological iteration—what flows through his fingertips is an expedition that lays the foundation for the 'machine economy.'
Lin Yi has witnessed the dilemma of intelligent agents firsthand: they are smart, yet each fights their own battle; they are powerful, yet trapped on islands defined by vendors. A robot can accurately sort packages but cannot send a collaboration request to another brand's unmanned vehicle. This silent barrier sparked an idea in him: what if we build a shared 'city of trust' for machines?
Lin Yi has witnessed the dilemma of intelligent agents firsthand: they are smart, yet each fights their own battle; they are powerful, yet trapped on islands defined by vendors. A robot can accurately sort packages but cannot send a collaboration request to another brand's unmanned vehicle. This silent barrier sparked an idea in him: what if we build a shared 'city of trust' for machines?
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