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Horizen (ZEN) $ 21.23
Spiko EU T-Bills Money Market Fund (EUTBL) $ 1.20
DeXe (DEXE) $ 6.56

Coinbase CEO Announces: NBA Star Receives Bitcoin After 10 Years! Over 11,000% Gain!

By admin On Sep 19, 2025

NBA star Kevin Durant has recovered his Coinbase account after a ten-year hiatus, after forgetting the password, according to CNBC.

Kevin Durant first encountered Bitcoin (BTC) in 2016 at a birthday party hosted by venture capitalist Ben Horowitz, which he attended with his business partner Rich Kleiman. He invested that evening when Bitcoin was just $600.

Durant later forgot his Coinbase login information, and therefore was unintentionally unable to access his Coinbase account and Bitcoins for a long time.

However, the 10-year period finally ended and Durant was able to access his account again.

Coinbase helped recover the account after completing the identity verification process.

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While the exact amount of BTC Durant holds has not been disclosed, Coinbase CEO Brian Armstrong confirmed the recovery from the X account and stated that the platform’s support team guided Durant through the process.

As is known, Durant had previously partnered with Coinbase and displayed a friendly attitude towards cryptocurrencies by purchasing NFTs.

Bitcoin traded between around $360 and $1,000 in 2016, according to CoinGecko data. The leading cryptocurrency is currently trading at around $116,000, a gain of over 11,000% from its peak price the year Durant bought it.

We got this fixed. Account recovery complete! https://t.co/TWYFpQkXsb

— Brian Armstrong (@brian_armstrong) September 19, 2025

*This is not investment advice.

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