Grayscale invests $1 million to acquire Zcash

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)

[Solana Developer Relations Officer: Direct Mapping Coming Soon to the Mainnet] Jonas Hahn, a developer relations officer at the Solana Foundation, revealed that Direct Mapping will soon be launched on the Solana mainnet. Hahn recommends that developers enable the `virtual_address_space_adjustments` feature and test all applications locally or on the development network, as some applications still exhibit behavioral inconsistencies. Solana co-founder Anatoly Yakovenko cited this news, stating that this work has taken three years.