NIGHT Rebounds 19% Post-Hack as Hoskinson Demands ZK Bridge Overhaul

Woofun AI reports that NIGHT token prices are stabilizing following a major security breach on the Wanchain bridge, an event that has prompted Charles Hoskinson to call for an urgent revamp toward zero-knowledge infrastructure.

The asset hit an all-time low after the exploit drained 290 million tokens from the system. Although the price initially rebounded almost 19%, it subsequently gave back 5%, settling at approximately $0.02044 by July 22, 2026. This volatility mirrors the erratic 'Mondays' rebound pattern often observed in such crisis scenarios.

Woofun AI data shows that interoperability bridges remain one of the most costly attack vectors, having lost $1.5 billion across incidents involving Ronin, Wormhole, and Nomad. These platforms rely heavily on smart contracts or multisig configurations, which are increasingly vulnerable to artificial intelligence-driven exploits. Hoskinson argues that current systems are far from being 90% resistant to what he describes as a 'deadly disease' targeting software integrity.

The industry must abandon legacy bridge infrastructure in favor of zero-knowledge architectures that use cryptographic proofs to validate transfers.

This shift aims to eliminate trust dependencies entirely, ensuring systems are verifiable from the ground up rather than relying on fragile consensus mechanisms.