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BlockBeats News, June 4th, according to LookIntoChain monitoring, the whale known for "buying the dip" 7 Siblings made another move. About 1 hour ago, it borrowed 10 million USDT from the Spark protocol, then bought 5589 ETH at an average price of around $1789, with a total value of about $10 million.

The new stock market guru Serenity posted on X platform, stating that if the U.S. CLARITY Act advances in its current direction, it could benefit the traditional banking system but restrict some innovations in the crypto sector and products that compete with banks, and would impact market liquidity. He believes that the current valuations of crypto concept stocks such as certain exchanges, Robinhood, and Circle may be attractive to swing traders.

Golden Ten Data, June 4 | According to The Information, sources revealed that NVIDIA has acquired the US-based enterprise custom AI model company Kumo for at least $400 million. Founded in 2022, Kumo is a startup selling predictive AI software to enterprises. Its foundational model, KumoRFM, is designed for business data within data warehouses and excels at answering predictive questions. Yesterday, Nima Badieyf, Head of NVIDIA's Enterprise AI Strategic Product Partnerships, first disclosed the acquisition in a LinkedIn post welcoming Kumo to the NVIDIA team. However, he has since deleted the post. According to LinkedIn information, Kumo's three co-founders—CEO Vanja Josifovski, Chief Scientist Jure Leskovec, and Head of Engineering Hema Raghavan—joined NVIDIA in May this year.