Congress Urged to Investigate Fed Chair Over $2.5B Scandal

Fed Chair Jerome Powell is at the center of a spiraling scandal as Congress faces mounting pressure to launch a full-scale investigation into a $2.5 billion Fed project meltdown. $2.5B Federal Reserve Project Sparks Allegations of Deception and Mismanagement Accusations of fiscal mismanagement and alleged deception have intensified scrutiny of Federal Reserve Chair Jerome Powell,…

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DeFi Dev Corp. Secures Funding With $112.5M Convertible Note Sale, Aims to Purchase SOL

DeFi Development Corp. priced a $112.5 million private offering of convertible senior notes due 2030, primarily to acquire solana ( SOL) tokens. $112.5M Offering Prices for DeFi Dev Corp. Convertible Notes The 5.5% notes, sold to qualified institutional buyers, carry an initial conversion price of $23.11 per share. According to the firm’s release, this represents…

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