Clarity Act Doom? Hoskinson Fires Sacks as Midnight Ignites ADA

Charles Hoskinson has issued a stark ultimatum to crypto policy leadership, stating that failure to pass the CLARITY Act this quarter should result in immediate resignation. The Cardano founder's blunt assessment comes as major institutional developments clash with regulatory uncertainty.

According to Minswap Intern on X, "Charles Hoskinson says I don't think CLARITY Act will pass this quarter. If it doesn't pass this quarter, David Sacks should resign, he failed us as an industry. Price going up? No. Adoption going up? No. Do we have certainty and a strong foundation to build on? No."

Hoskinson's statement targets David Sacks directly, arguing the crypto czar's inability to deliver legislative clarity represents a fundamental failure for the entire digital asset sector. The sentiment reflects growing frustration within the industry as critical frameworks remain stuck in legislative limbo.

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Midnight Foundation Sparks Google Cloud Partnership Speculation

While regulatory battles rage, Cardano's ecosystem pushes forward with technical breakthroughs. Midnight Foundation Senior Developer Relations Engineer Stevan Lohja has hinted at deeper collaboration between Google Cloud and the Cardano network.

Angry Crypto Show revealed on X that Stevan Lohja stated "there's more" behind Google Cloud running a Cardano node and its path toward becoming a Midnight validator, signaling more collaboration for $ADA and $NIGHT with Google.

The revelation suggests Google's involvement extends beyond simple node operation. A potential validator role positions the tech giant as active infrastructure for Cardano's privacy layer.

Minswap Intern announced on X, "The new Midnight Compact DApps track is live, funding open-source DApps bringing real-world programmable privacy to governance, AI, health, finance, and beyond. Community voting starts in just over 3 days."

Must read: NIGHT Token Eyes 20x Rally as Privacy Crypto Awakens

Wall Street Standardizes ADA Exposure Through Joint Index

Institutional infrastructure for Cardano took a major step forward as Nasdaq and CME Group launched a joint benchmark index.

Minswap Intern reported on X that "Nasdaq and CME Group just launched a joint crypto benchmark the Nasdaq–CME Crypto Index Including $ADA. This is Wall Street standardizing crypto exposure."

The Nasdaq-CME Crypto Index provides traditional finance with standardized Cardano exposure, bridging institutional capital with digital assets. The move validates $ADA as a core holding alongside Bitcoin and Ethereum.

Catalyst Fund15 simultaneously opened applications for privacy-focused decentralized applications. The funding round targets real-world use cases spanning governance systems, artificial intelligence integration, healthcare privacy protection, and financial infrastructure.

Check out: $NIGHT Token Holders Explode 17% as Analysts Eye $0.10

Cardano's dual-track development continues despite regulatory headwinds. Hoskinson's sharp criticism of policy leadership stands in contrast to rapid technical progress across privacy layers, institutional partnerships, and developer funding initiatives. The divergence highlights crypto's persistent challenge balancing innovation velocity against regulatory frameworks.

3 Key Takeaways:

1. Hoskinson says Sacks should resign if CLARITY Act fails to pass, citing zero progress on adoption or price
2. Google Cloud partnership with Cardano extends beyond nodes as Midnight validator role emerges with $NIGHT
3. Nasdaq-CME joint index standardizes $ADA exposure for Wall Street as Catalyst Fund15 opens privacy DApp track