- Kevin Durant briefly misplaced entry to his Coinbase account however later recovered it with the trade’s assist.
- He first purchased Bitcoin in 2016 at round $600, a transfer that has grown massively in worth at the moment.
- Different NBA gamers like Tristan Thompson and Spencer Dinwiddie are additionally diving deeper into crypto tasks.
Kevin Durant, one of many NBA’s largest stars, has lastly regained entry to his Coinbase account after a small however messy login problem. Earlier this week, his longtime enterprise associate Wealthy Kleiman revealed at CNBC’s Sport Plan convention that Durant couldn’t discover his account particulars, sparking a number of laughs from the viewers. Coinbase later confirmed in an announcement that Durant’s account restoration went easily as soon as their workforce stepped in. The combo-up wasn’t some safety breach, only a plain case of forgotten login data—a really human error
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A Decade-Lengthy Crypto Journey
Durant’s historical past with Bitcoin stretches again almost ten years. He purchased his first cash in late 2016, when Bitcoin hovered round $600, proper after a dinner hosted by enterprise capitalist Ben Horowitz. On the time, Durant had simply joined the Golden State Warriors, a transfer that set the stage for his championship run. In accordance with Kleiman, by the top of that evening, the phrase “Bitcoin” had been thrown round so many instances that they each determined to dive in. Quick ahead to at the moment, Bitcoin has surged previous $117,000, making that early play look extra like foresight than luck.
Partnership with Coinbase
Since 2021, Durant has had an official deal to advertise Coinbase, additional cementing his function as some of the seen athletes within the crypto area. By means of their funding agency 35V, each he and Kleiman have been traders in Coinbase since 2017. Kleiman admitted throughout his stage speak that whereas the account problem made for a humorous anecdote, it additionally confirmed simply how a lot their relationship with Coinbase has matured over almost a decade. What began as a wager on Bitcoin has developed into an enduring enterprise partnership.
Athletes within the Crypto Highlight
Durant isn’t alone on this world. Different NBA gamers have additionally stepped into the crypto scene, experimenting with new methods to mix sports activities and blockchain. Cleveland’s Tristan Thompson has launched a Web3 undertaking to deepen fan engagement, whereas Charlotte’s Spencer Dinwiddie as soon as tried to tokenize his NBA wage earlier than the league shut it down. This rising wave of athletes embracing crypto reveals how the trade has shifted from a fringe experiment to one thing mainstream stars actively construct into their careers.
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