Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Kevin Durant has access restored to his Coinbase bitcoin account after years

By CNBC by By CNBC
September 19, 2025
Home Finance
Share on FacebookShare on Twitter


Kevin Durant #35 of the Phoenix Suns looks on during the second half against the Houston Rockets at PHX Arena on March 30, 2025 in Phoenix, Arizona.

Chris Coduto | Getty Images

NBA star Kevin Durant has regained access to his bevy of Bitcoins, years after getting locked out of his Coinbase account. 

“We got this fixed. Account recovery complete,” Coinbase CEO Brian Armstrong said Friday in a social media post, replying to a tweet about Durant being locked out of his account on the cryptocurrency exchange. 

The message comes just a few days after Durant and his agent Rich Kleiman joked about the predicament at CNBC’s Game Plan conference in Los Angeles.

“It’s just a process we haven’t been able to figure out,” Kleiman said Tuesday, referencing Coinbase’s account retrieval protocol. “But, Bitcoin keeps going up … so, I mean, it’s only benefited us.” 

Durant purchased Bitcoins on Coinbase in 2016, shortly after hearing about the token several times during a dinner with his then-Golden State Warriors teammates. 

Bitcoin was trading between roughly $360 and $1,000 in 2016, CoinGecko’s data shows. Now, the digital asset is trading around $116,000, according to the same crypto data provider. 

Stock Chart IconStock chart icon

Bitcoin since 2016

Durant and his agent, who are investors in Coinbase Global and promote the business on their sports and entertainment website Boardroom, did not disclose the size of the basketball player’s Bitcoin holdings on the trading platform.

The case has sparked a wider discussion about Coinbase’s customer services, with several users recounting on social media difficulties receiving assistance from the company to regain access to their accounts and troubleshoot other issues. 

Their complaints form the latest calls for Coinbase to overhaul its support services. In May, Coinbase revealed that cybercriminals had bribed a few of its overseas customer support agents to leak customers’ personal data. In 2021, Coinbase clients expressed their frustrations over the company’s new live phone support line, with one dissatisfied user telling CNBC at the time that the service was “a joke.” 

On Friday, Coinbase CEO Armstrong addressed users’ latest concerns over the quality of the firm’s support services, stressing its team would put “a big focus on getting better.”

“We’re putting a big focus on getting better at customer support at both ends – improving products so fewer people need support, and providing a faster, higher quality experience when you do,” Armstrong said Friday in an X post. 

Coinbase did not immediately reply to CNBC’s request for additional comment on what measures it would take to improve its customer service. Earlier this week, the company told CNBC that it runs an around-the-clock assistance hotline for its users, in addition to offering self-help resources for basic troubleshooting.



Source link

Tags: Breaking News: Marketsbusiness newsInvestment strategyMarketsStock marketsWall Street
By CNBC

By CNBC

Next Post
Huawei lancia 4+10+N soluzioni di intelligence per le PMI, potenziando l’ultimo miglio del mondo intelligente

Huawei lancia 4+10+N soluzioni di intelligence per le PMI, potenziando l'ultimo miglio del mondo intelligente

Recommended.

Hilton bets big on AI with vendor partnerships, guest planning tool

Hilton bets big on AI with vendor partnerships, guest planning tool

April 29, 2026
ServiceNow To Buy Moveworks In Bet On Enterprise Agentic AI

ServiceNow To Buy Moveworks In Bet On Enterprise Agentic AI

March 10, 2025

Trending.

Pia Debuts Automation Hub, A Centralized Marketplace For MSPs: Exclusive

Pia Debuts Automation Hub, A Centralized Marketplace For MSPs: Exclusive

November 19, 2025
Veeam Debuts Data Resiliency Maturity Model To Assess, Improve Customers’ Cyber Resiliency

Veeam Debuts Data Resiliency Maturity Model To Assess, Improve Customers’ Cyber Resiliency

April 23, 2025
Microsoft Vs. AWS Vs. Google Cloud Earnings Q1 2025 Face-Off

Microsoft Vs. AWS Vs. Google Cloud Earnings Q1 2025 Face-Off

May 5, 2025
Many workers would take a pay cut to work from home — some would forgo at least 20% of their salary

Many workers would take a pay cut to work from home — some would forgo at least 20% of their salary

February 7, 2025
Insurance Modernization at Risk as Workforce Strategies Fall Behind, Says Info-Tech Research Group

Insurance Modernization at Risk as Workforce Strategies Fall Behind, Says Info-Tech Research Group

May 8, 2026

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio