Odaily News – The Algorand Foundation has appointed William Herkelrath as Chief Executive Officer, who officially succeeded Staci Warden on August 31 after her nearly five-year tenure. Herkelrath previously worked at blockchain oracle project Chainlink and crypto custody company Curv, and most recently co-founded AI automation platform K3 Labs. He will be responsible for driving Algorand's expansion into institutional finance and strengthening its technical efforts to address potential threats from quantum computing. Herkelrath stated that Algorand's quantum-resistant accounts are already in active use, and that this capability is not merely at the roadmap stage. Algorand has added post-quantum signature support in its v42 consensus upgrade, with accounts employing the Falcon-1024 signature system based on lattice cryptography. Additionally, Herkelrath and Alex Fowler, Chief Strategy Officer at Nexus Laboratories, will join the board of directors, while Rebecca Rettig and Michael Mosier will be stepping down.

Odaily Planet Daily News: Realio Network, a platform for tokenized issuance and management of RWA assets, was attacked on August 25. The attacker hijacked the platform's signature stack and stole 127.9 million RIO tokens from treasury and custody wallets across five chains — Ethereum, BNB Chain, Algorand, Stellar, and Realio's native chain — worth approximately $6.2 million. About $317,000 of the stolen funds have been cashed out so far. Previously, the platform used a single hot signer via realio[.]fund to centrally manage treasury, reserves, and user-custodied sub-accounts. Once the attacker gained access to the relevant permissions, they could directly sign transfers across multiple chains without requiring user approval or key reconfiguration, and no smart contract vulnerability was involved. Realio officially stated that the platform has been suspended, with all user wallet deposits and withdrawals halted. The team is formulating a recovery plan and verifying event details, while also cooperating with law enforcement to identify the attacker.

Odaily News, August 3rd — According to SoSoValue data, the crypto market showed mixed performance across sectors, with the SocialFi sector standing out with a 24-hour gain of 1.18%. Within the sector, Gram (GRAM) and Chiliz (CHZ) rose by 1% and 1.03%, respectively. Meanwhile, the Layer1 sector gained 0.94%, with Cardano (ADA) up 5.08% and Algorand (ALGO) up 7.84%.In other sectors, the PayFi sector rose 0.92% in 24 hours, with Ultima (ULTIMA) up 3.09%; the CeFi sector gained 0.91%, with NEXO (NEXO) up 1.25%; the Layer2 sector rose 0.81%, with Starknet (STRK) up 3.90%; the Meme sector gained 0.47%, with MemeCore (M) up 8.71%; and the DeFi sector rose 0.20%, with Ethena (ENA) up 8.68%.Additionally, the NFT sector fell 4.96%, with Audiera (BEAT) down 6.95% within the sector.The crypto sector indices reflecting historical sector performance show that the ssiSocialFi, ssiCeFi, and ssiLayer2 indices rose by 1.37%, 1.14%, and 1.03%, respectively.

Odaily reported that zero-knowledge scaling company StarkWare has released a Starknet quantum resistance roadmap, stating that the roadmap is divided into three phases to address the risk of future quantum computing attacks. StarkWare CEO Eli Ben-Sasson stated that Starknet can leverage its architectural advantages to achieve quantum resistance, as its underlying cryptography is based on zero-knowledge STARK proofs. According to reports, the first phase of the roadmap includes replacing part of the existing secure mathematical mechanism, Pedersen hash, with a quantum-resistant version, and adding quantum-resistant signatures; the second phase focuses on migration tools, upgrading existing smart contracts without requiring developers to manually rebuild applications; the third phase involves dependencies that Starknet cannot solve alone, primarily relying on Ethereum's quantum upgrade roadmap. Circle, Ethereum, Solana, Tezos, and Algorand have all proposed quantum resistance roadmaps. (Cointelegraph)

Odaily Planet Daily News: The Algorand Foundation has released a quantum-resistant upgrade roadmap, planning to initiate a series of protocol upgrades in 2026 and achieve the network's overall "quantum security" capability by the end of 2027 to 2028, in response to the potential threat that future quantum computing poses to existing cryptographic systems. The roadmap shows that the first phase will introduce a post-quantum account system, multi-signature wallets, and staking support, followed by a gradual upgrade of core protocol components to achieve a comprehensive cryptographic migration from the wallet layer to the infrastructure. It is reported that multiple public blockchain ecosystems, including the Ethereum Foundation and Solana, have also initiated similar research into post-quantum cryptography and migration planning. (CoinDesk)

Odaily News The United Nations Development Programme (UNDP) has officially announced the establishment of a Blockchain Advisory Panel to promote the application of this technology in global development and public services. Panel members include the foundations of seven major public chains: Algorand, Arbitrum, Avalanche, Cardano, Ethereum, Stellar, and Sui, as well as industry institutions such as Kraken and Cointelegraph. This initiative signifies a deepening collaboration between the UN system and the blockchain industry, which will focus on directions such as financial inclusion, identity verification, supply chain traceability, and sustainable development to explore the practical value of digital technologies. (Cointelegraph)

According to SoSoValue data, the cryptocurrency market sectors experienced a broad decline. The NFT sector fell by 4.68% in 24 hours, with Pudgy Penguins (PENGU) dropping 4.46% and Audiera (BEAT) falling 14.38% within the sector. Meanwhile, Bitcoin (BTC) dropped 1.21% in 24 hours, falling below $74,000; Ethereum (ETH) fell 0.79%, briefly dipping below $2,000.Only the DeFi sector bucked the trend, rising 0.35% in 24 hours. Within this sector, Hyperliquid (HYPE) rose 6.79%, and Dexe (DEXE) gained 5.53%.For other sectors, the PayFi sector was flat in 24 hours, with Stellar (XLM) rising 13.35% within the sector; the Layer1 sector fell 0.80%, but Algorand (ALGO) increased by 7.72%; the Meme sector declined by 1.02%, with Pump.fun (PUMP) falling 5.06%; the Layer2 sector dropped 1.12%, with Stacks (STX) holding up relatively well, rising 1.84%; and the CeFi sector fell 1.25%, with OKB (OKB) seeing an intraday spike of 1.45%.The crypto sector indices, which reflect historical sector performance, show that the ss iDeFi and ssiPayFi indices rose by 1.44% and 0.65% respectively, while the ssiAI index fell by 9.50%.

Odaily Odaily News According to SoSoValue data, the crypto market is experiencing a broad-based decline. The RWA sector, which performed strongly yesterday, led the losses over the past 24 hours with a 3.13% drop. Within the sector, Centrifuge (CFG) fell 8.40%, while Ondo Finance (ONDO) and Pendle (PENDLE) declined 3.02% and 6.08%, respectively. The GameFi sector dropped 2.59%, where WEMIX bucked the trend with a 2.01% increase.In other sectors, the Meme sector fell 0.73% over 24 hours. However, Banana For Scale (BANANA) surged 17.23%, and Siren (SIREN) rose 8.27%. The Layer1 sector declined 0.87%, with Algorand (ALGO) gaining 7.52%. The CeFi sector fell 1.03%, though NEXO (NEXO) held relatively steady, climbing 1.61% during the session. The DeFi sector dropped 1.49%, but Morpho Token (MORPHO) increased by 3.34%. The Layer2 sector fell 1.80%, with Arbitrum (ARB) down 2.74%. The PayFi sector decreased by 2.41%, yet Telcoin (TEL) rose 4.66%.Reflecting the historical performance of these sectors, the crypto sector indices show that ssiNFT edged up 0.36%, while the ssiAI and ssiRWA indices fell by 8.73% and 7.71%, respectively.

Odaily Odaily reported on April 27 that according to SoSoValue data, the crypto market is showing an overall upward trend. The RWA sector performed notably, rising 4.81% in 24 hours. Within the sector, Pendle (PENDLE) rose 7.39%, Centrifuge (CFG) rose 7.17%, while Ondo Finance (ONDO) and Keeta (KTA) rose 5.44% and 5.89% respectively. Meanwhile, Bitcoin (BTC) rose 2.36%, breaking through $79,000; Ethereum (ETH) rose 3.50%, approaching $2,400.It is worth noting that MAG7.ssi rose 1.98%, DEFI.ssi rose 3.02%, and MEME.ssi rose 2.19%.Other strong-performing sectors include: The NFT sector rose 3.85% in 24 hours, with Pudgy Penguins (PENGU) within the sector rising 13.10%; the DeFi sector rose 3.74%, with Lido DAO (LDO) rising 23.71%; the AI sector rose 3.56%, with OriginTrail (TRAC) rising 12.00%.In other sectors, the Meme sector rose 2.13%, with SPX6900 (SPX) rising 9.79%; the PayFi sector rose 1.97%, with SafePal (SFP) rising 9.89%; the Layer2 sector rose 1.89%, with Celestia (TIA) rising 4.03%; the Layer1 sector rose 1.50%, with Algorand (ALGO) rising 4.16%; the CeFi sector rose 1.23%, with NEXO (NEXO) rising 1.88%.Crypto sector indices reflecting historical sector performance show that the ssiRWA, ssiNFT, and ssiDeFi indices rose 6.37%, 4.24%, and 3.49% respectively.

Odaily News on April 16th, according to SoSoValue data, expectations of a US-Iran ceasefire have boosted market confidence, leading to a broad rebound in the crypto market. The GameFi sector performed notably well, rising 5.38% in the past 24 hours. Among them, Enjin Coin (ENJ) surged by 50.96%, and ImmutableX (IMX) increased by 9.13%. Meanwhile, Bitcoin (BTC) rose by 0.07%, trading in a narrow range around $74,000; Ethereum (ETH) gained 0.73%, maintaining its position above $2,300.In other sectors, the Layer2 sector rose 3.39% in 24 hours, with Starknet (STRK) up 8.36%; the PayFi sector increased by 2.31%, with XRP (XRP) up 2.87%; the Meme sector gained 2.08%, with SPX6900 (SPX) rising 6.63%; the AI sector advanced 1.75%, with Siren (SIREN) up 18.99%; the DeFi sector rose 1.35%, with EdgeX (EDGE) increasing 13.05%; the Layer1 sector gained 0.88%, with Algorand (ALGO) up 3.59%; the CeFi sector increased by 0.66%, with Gate (GT) rising 2.60%.The crypto sector indices reflecting historical sector performance show that the ssiGameFi, ssiLayer2, and ssiPayFi indices rose by 3.13%, 2.86%, and 2.44%, respectively.