PANews reported on August 6th that, according to Decrypt, software limitations on Ledger hardware wallets are preventing some Cardano users from participating in the Midnight Foundation's two-month "Glacier Drop" airdrop, which will distribute NIGHT tokens across eight blockchain ecosystems. This is due to Ledger's implementation of the CIP-8 protocol, which limits messages to 31 bytes, while airdrop messages are 251 bytes, which the current firmware cannot support. Cardano co-founder Charles Hoskinson stated that this is a Cardano-specific issue in the Ledger software, which was reported in July, but Ledger has not yet provided an update timeline. Fahmi Syed, chairman of the Midnight Foundation, confirmed the issue, stating that they are in communication with Ledger and that similar issues exist with XRP and Avalanche, with a solution expected to be released in the coming weeks.
While Ledger has yet to release a fix, Cardano developers are working on a workaround. According to Hoskinson, the system will use empty transactions containing the Glacier Airdrop payload as metadata, rather than traditional message signatures. This workaround will be integrated into the Glacier Airdrop protocol to allow affected users to claim their tokens.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more