- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Bloomberg: Coinbase Rapidly Emerging as Bitcoin Miners' Top Lender

By: theblockbeats.news|2025/08/29 02:12:17

BlockBeats News, August 29th, according to Bloomberg, cryptocurrency exchange Coinbase Global Inc. is at the forefront of the trend of providing loans to crypto miners using Bitcoin as collateral for a recovery.

Coinbase is rapidly becoming one of the largest lenders to U.S. Bitcoin mining companies. The exchange platform is best known for its trading and custody businesses, but has now provided hundreds of millions of dollars in credit to companies such as Riot Platforms, CleanSpark, and most recently, Hut 8, filling the void left by the closure of most crypto lenders in 2022.

PYTH Surges Over 100% in 24 Hours, Potentially Boosted by Upgrade to "U.S. Economic Data Infrastructure" Good News

Coinbase Former CTO: Bitcoin Will Replace Real Estate as the Primary Store of Value