[Brian Armstrong: Base Lending Market Deposits Reach $7.49 Billion] Coinbase CEO Brian Armstrong disclosed that as of November 9th, the total assets deposited in the Base lending market reached $7.49 billion, while the total assets lent out amounted to $2.65 billion. These two metrics grew by 28.72% and 21.71% respectively over the past three months. Brian Armstrong stated that Base can be used for activities such as trading, payments, and lending.

Nvidia has hired the law firm Wachtell Lipton to investigate CEO Jensen Huang's admission of having an extramarital affair with a Chinese businesswoman accused of espionage. The investigation is being led by Joon-Hee Kim, a former acting U.S. Attorney for the Southern District of New York. Nvidia's board of directors stated that there is currently no reason to believe that company secrets or national security have been compromised, and Jensen Huang has pledged to cooperate with the investigation. (Source: The New York Times)

[AI Smart Contract Project GenLayer Completes Migration to Arbitrum Nitro] AI smart contract project GenLayer has completed its migration from the ZK Stack to the Arbitrum Nitro technology stack, with the chain infrastructure operated by Conduit. The Bradbury testnet is already running on the new technology stack, and the future Clarke testnet and mainnet will also adopt this technology stack. The migration involved bridging, Ethereum integration, and on-chain gas cost handling; the core protocol and smart contract operation remain unchanged. GenLayer continues to explore the deployment of a Prividium-based private permissioned blockchain for institutions with Matter Labs.

During the period of Zcash price decline, Grayscale invested $1 million to buy Zcash.

Kansas City Federal Reserve President Jeff Schmid said that inflation is the Fed’s top concern right now and hinted at support for tightening monetary policy to control inflation. Jeff Schmid believes that current interest rates are quite loose, and the key is to assess how monetary policy can more effectively influence inflation trends. (Source: Jinshi Data)