Glacier Drop Portal Reopens as Midnight Foundation Confirms Security

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TLDRMidnight Foundation reopened the Glacier Drop redemption portal after completing a security review linked to the SecondFi incident.The Foundation confirmed its infrastructure remained secure and unaffected by the breach involving 16 million ADA.NIGHT token redemptions resumed on June 9, with all thawed tokens now available for eligible users.The Glacier Drop distribution schedule remains unchanged despite the temporary suspension of the portal.The program continues in its third phase, with the final redemption window set to end in December 2026.The Midnight Foundation has reopened its Glacier Drop redemption portal for Cardano users after completing a security review. The decision follows a temporary suspension linked to a security incident affecting certain wallets connected to SecondFi. Midnight Foundation confirmed that redemptions resumed without any impact on its infrastructure or user allocations.Security Review Confirms Platform IntegrityThe Midnight Foundation halted NIGHT token redemptions after reports of a breach involving SecondFi-linked wallets. Hackers stole approximately 16 million ADA from hundreds of affected wallets during the incident. As a result, the Midnight Foundation temporarily closed the redemption portal to assess potential exposure.The investigation focused on whether the exploit extended to Glacier Drop systems or participant accounts. However, the Midnight Foundation found no evidence that its infrastructure was compromised during the breach. The review confirmed that the redemption platform remained isolated from the affected systems.Following these findings, the Midnight Foundation restored access to the portal and resumed all redemption operations. The organization stated that all eligible users can now claim tokens that completed thawing during the suspension period. This ensured continuity for participants without altering the program’s operational structure.Glacier Drop Timeline Continues Without ChangesThe Midnight Foundation maintained the original Glacier Drop schedule despite the temporary pause in redemptions. The program distributes NIGHT tokens through a phased mechanism across four separate quarterly windows. Each phase unlocks 25% of allocated tokens as part of a structured release model.The first redemption phase ran between December 10, 2025, and March 9, 2026, under the established framework. The second phase followed from March 10 through June 7, 2026, with participants accessing newly thawed tokens. The Midnight Foundation confirmed that these earlier phases proceeded without disruption before the incident.The program has now entered its third phase, which started on June 8 and continues until September 5, 2026. A fourth and final redemption window will run from September 6 to December 4, 2026. The Midnight Foundation emphasized that all timelines remain unchanged despite the earlier suspension.Guidance Issued for SecondFi-Affected UsersThe Midnight Foundation advised users connected to SecondFi wallets to follow official recovery guidance issued by that platform. This recommendation applies only to users potentially affected by the breach and not to Glacier Drop participants broadly. The Midnight Foundation clarified that its own systems did not require user-side remediation.SecondFi introduced a phased response plan to address the security incident and support affected users. The process begins with a Quarantine Mode designed to secure compromised accounts and prevent further exposure. This step aims to stabilize impacted wallets before additional recovery actions proceed.Your Options for Securing Assets, and What’s NextWe recognize that some users may not have completed all steps in the Hardware Wallet Guidance posted in our knowledge base. If you are not technically proficient, we recommend waiting for the secure wallet export functionality,…— SecondFi (@secondfiapp) July 8, 2026The response plan will include a secure wallet export process scheduled for the following week. A final recovery phase may follow, depending on investigation outcomes and asset retrieval efforts. Meanwhile, the Midnight Foundation confirmed that its portal remains fully operational for eligible users.The reopening of the Glacier Drop portal marks the resumption of normal operations after the review. Midnight Foundation confirmed that its infrastructure remained secure and unaffected throughout the incident. Eligible users can now redeem thawed NIGHT tokens according to the established schedule.The post Glacier Drop Portal Reopens as Midnight Foundation Confirms Security appeared first on Blockonomi.