
PANews reported on September 9th that, according to SoSoValue data, most sectors in the crypto market rose today. The AI sector saw a 24-hour gain of 14.38%, with Worldcoin (WLD) surging 53.82%. Driven by news that Eightco plans to raise $250 million to establish a WLD reserve, OpenLedger (OPEN) soared 650.60%, and KAITO rose 45.91%. SocialFi and CeFi sectors fell 0.23% and 0.33%, respectively. Toncoin (TON) fell 0.65%, while Hyperliquid (HYPE) bucked the trend and surged 7.16% to a new high. Among other sectors, NFT rose 4.34%, Meme rose 3.75%, Layer2 rose 3.50%, DeFi rose 2.53%, PayFi rose 2.05%, and Layer1 rose 1.48%.

ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets. Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network through layer-2 protocols and tokenizing real-world assets. A growing number of digital asset companies are moving past simply holding crypto and looking to generate yields through active participation in the ecosystem, which crypto executives told Cointelegraph in August, could help spark a DeFi Summer 2.0.Read more

