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Cardano Allocates $25.7M to Privacy-Focused Midnight Network, Sparks Community Debate

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$0.3502-1.95%
Cardano has allocated $25.7 million from its treasury to fund Midnight, a privacy-focused Layer-1 network. The move has sparked debate within the ecosystem, with some ADA holders arguing the funds should instead support core development. Critics question whether ADA holders should I buy into a project that may not directly benefit them. Supporters see it as a strategic move into privacy, though concerns remain about execution and incentives.
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