DWF Labs spent another 500,000 USDT to increase their position in CRV through OTC nine hours ago
According to Spot on Chain monitoring, the DWF Labs address starting with 0x53c transferred 500,000 USDT to Curve founder Michael Egorov's address nine hours ago. About two hours ago, Michael Egorov exchanged all 500,000 USDT for 826,764 CRV at a price of $0.605 per unit.
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Report: Marvell Technology is about to acquire optical module manufacturer Lumentum, and the deal may be announced as soon as next week
Lumentum has a market capitalization of approximately $8.3 billions, while Marvell Technology's market capitalization is around $22.1 billions. Following the announcement, Marvell's stock fell by over 8% in after-hours trading, while Lumentum rose by 11%. This acquisition may aim to streamline the supply chain and strengthen vertical integration—Marvell is currently a customer of Lumentum, and after the acquisition, it will gain control over key optoelectronic interconnect components, consolidating its strategic position in the AI data center hardware sector.
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