“The episode comes Amid Growing Freustration Among Coinbase USers, Many of Whom Allegedy They’ve Similar Issues Retriening Account Access.”, – WRITE: www.coindesk.com
“We Got this Fixed. Account Recovery Complete,” Coinbase Ceo Brian Armstrong Posted on X, Responding to a Viral Tweet About Durant’s Access Issues.
The Recovery Comes Days After Durant and His Business Partner, Rich Kleiman, Discussed The Lockout at Cnbc’s Game Plan Conference. “IT’s Just A Process We HAVEN’S BEEN ABLE TO FIGURE OUT,“ Kleiman Said. Still, He Noted, “Bitcoin Keeps Going Up … SO, I MEAN, IS ONLY BENEFITED US.”
Durant Boughht Bitcoin in 2016 After Hearing About It from Then-Teamates on the Golden State Warriors. At the Time, Bitcoin Traded Between $ 360 and $ 1,000 and Durant Is Estimated to Have Bought at At AUND $ 650 per Coin.
IT’s NOW HOURING NEAR $ 116,000, Accounting to CoinmarketCap Data. Neither Durant Nor Kleiman Disclosed the Size of His Holdings.
Durant and Kleiman Are Investors in Coinbase and Have Promotted The Company Through their Media Outlet, Boardroom.
The episode comes Amid Growing Freustration Among Somebase USers, Who Alleged They Faced Similar Issues Retriening Account Access or Getting Help from Customer Support. Armstrong Acknowledged the Criticism on Social Media, Saying The Company Is “Putting A Big Focus” on Improving Customer Support.
The Company Plans to List on the New York Stock Exchange Under the Ticker Btgo.
- Crypto Custodian Bitgo Has Filed ITS FIRST PUBLIC S-1 REGISTRATION STATEMENT WITH THE SEC, Planning to List Class A Common Stock On the NYSE Under the Ticker Btgo.
- The Company’s Profitability Has Decreased, with Net Income for the Half-Year Falling to $ 12.6 Million, Down from $ 30.9 Million in the Same Period a Year Earlier.
- Bitgo Manages Over $ 90 Billion in Cryptocurrency On Its Platform, with A Concentrated Client Base and A Majority of Assets Held in a FEW Cryptocurrencies.
Read Full Story