{"id":59745,"date":"2025-09-20T01:05:25","date_gmt":"2025-09-20T01:05:25","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/coinbase-helps-kevin-durant-restore-2016-bitcoin-account\/"},"modified":"2025-09-20T01:05:25","modified_gmt":"2025-09-20T01:05:25","slug":"coinbase-helps-kevin-durant-restore-2016-bitcoin-account","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/coinbase-helps-kevin-durant-restore-2016-bitcoin-account\/","title":{"rendered":"Coinbase Helps Kevin Durant Restore 2016 Bitcoin Account"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>NBA superstar Kevin Durant has finally regained access to a Coinbase account he opened nearly a decade ago, restoring Bitcoin purchased when the cryptocurrency was worth less than $700. Coinbase CEO Brian Armstrong confirmed the recovery on social media this week, putting an end to years of speculation about Durant\u2019s dormant funds.<\/p>\n<hr\/>\n<p><strong><em>Good to Know<\/em><\/strong><\/p>\n<ul>\n<li><strong><em>Kevin Durant bought <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> in 2016 when it traded around $650.<\/em><\/strong><\/li>\n<li><strong><em>Durant lost access to his Coinbase account for nearly a decade.<\/em><\/strong><\/li>\n<li><strong><em>Coinbase CEO Brian Armstrong confirmed the successful recovery.<\/em><\/strong><\/li>\n<\/ul>\n<hr\/>\n<p>Durant\u2019s interest in crypto began in 2016 after attending a dinner with investor Ben Horowitz and his business partner Rich Kleiman. Inspired, Durant bought Bitcoin on Coinbase\u2014but soon misplaced the login credentials to his account. The funds sat untouched as Bitcoin climbed roughly 180 times in value.<\/p>\n<p>In September 2025, Armstrong posted: <em>\u201cWe got this fixed. Account recovery complete!\u201d<\/em> Coinbase\u2019s support team worked with Durant to confirm his identity, following renewed public attention when Kleiman mentioned the situation at a tech conference.<\/p>\n<p>Durant\u2019s venture firm, Thirty Five Ventures, has been an investor in Coinbase since 2017, and the basketball star has appeared in the company\u2019s marketing campaigns.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of up to $2,500<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Safe Bitcoin Storage<\/h2>\n<p>Durant\u2019s experience shows us the importance of secure Bitcoin storage. Holders can choose between keeping crypto on an exchange or transferring it to a private wallet. Exchanges like Coinbase provide convenience, customer support, and recovery options in cases like Durant\u2019s. However, private wallets\u2014especially hardware wallets\u2014offer more control and stronger protection against hacks but carry the risk of permanent loss if recovery keys are misplaced.<\/p>\n<p>Best practice for many investors is to diversify: <strong>keep some funds on reputable exchanges for liquidity and ease of use, while securing larger amounts in private wallets with safely stored recovery phrases.<\/strong><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/kevin-durant-recovers-long-lost-bitcoin-on-coinbase\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) NBA superstar Kevin Durant has finally regained access to a Coinbase account he opened nearly a decade ago, restoring Bitcoin purchased when the cryptocurrency was worth less than $700. Coinbase CEO Brian Armstrong confirmed the recovery on social media this week, putting an end to years [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":29574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59745"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=59745"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/29574"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=59745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=59745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=59745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}