Algorand2026-09-09 13:00:00Algorand appoints former Chainlink executive William Herkelrath as CEOAlgorand has named William Herkelrath, a former executive at Chainlink and Curv, as its new chief executive officer. CoinDesk reported that Herkelrath will lead the blockchain organization’s work in two areas laid out in the announcement: institutional finance and quantum-resistant security. The appointment puts an executive with experience at two crypto firms into the top role as Algorand sets its next operational priorities. No additional details on timing, strategy milestones, or organizational changes were disclosed in the source summary. The report centers on the leadership change itself and the specific mandates attached to Herkelrath’s new role.300
Team82026-08-14 12:19:47Team8 raises $365 million across new fund and follow-on capitalVenture capital firm Team8 has closed $365 million in fresh capital, made up of $265 million for Team8 Capital’s third fund and more than $100 million earmarked for follow-on investments in existing portfolio companies. The firm said the new vehicle will target seed and Series A AI-native startups across cybersecurity, AI infrastructure, and fintech. Its focus includes infrastructure projects that help enterprises deploy AI while maintaining security, governance, and control. Team8 also said its assets under management are now nearing $2 billion. The firm has previously backed a number of crypto and AI companies, including institutional cryptocurrency wallet developer Curv, AI compliance platform IVIX, and AI data loss prevention company Jazz.1220
