PANews reported on September 9th that the CEO of SwissBorg, a Swiss crypto platform, tweeted that the SwissBorg team is investigating the exploitation of an external DeFi wallet related to the SOL Earn strategy. The team pledged that the community will not bear any losses, and any shortfall in recovered funds will be covered by SwissBorg. The incident did not affect other strategies on the platform, and user funds remain safe.

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

