Coinbase Global, the leading crypto exchange in the U.S., has recently unveiled a substantial bond offering, introducing US$1.1 billion in unsecured convertible senior notes set to mature in 2030. This initiative targets qualified institutional buyers. The offered notes are designed to accrue interest, payable semi-annually, and offer investors an option to convert their holdings into Coinbase shares or cash, depending on their preference.
Yesterday, the U.S. regulator SEC brought a lawsuit against the world's largest crypto exchange, Binance, which included 13 charges. As a result, the lead currency Bitcoin (BTC), dropped to below $26,000. Today the SEC charged the largest U.S. crypto exchange, Coinbase, for operating as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program.
we recently came across the ADSX.Exchange scam pretending to be a fund recovery specialist and, additionally, offering crypto broker services. The stated operator adxs.exchange UK Ltd is a fake company using the UK Companies House registration number of Coinbase UK Ltd, part of the Nasdaq-listed US crypto exchange Coinbase. Supposedly, the FCA-regulated CB Payments Ltd would be scams' co-operator, says the website. Bullshit, of course, but we took a closer look.