PANews reported on September 9th that according to official news, MyStonks launched the first "Contract King of Glory Championship" with a total prize pool of 19,000 US dollars. The event will be held from September 9th to September 23rd. During the event, users only need to have a cumulative trading volume of ≥ 10,000 U for the US stock token contract (Perp) launched on the platform and click to register, which will be regarded as a valid participating account.
MyStonks has set up four major prize pools to cover different types of traders: Tactical Masters (7500 U), Profit Domination (7500 U), Volume King (3000 U), and Counter-Index Assist (1000 U). All rewards will be distributed within 7 working days after the competition in the form of the platform's popular US stock tokens.

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

