Kevin Durant Recovers Coinbase Account While Users Face Glitches Locking ADA Funds

Published at 2025-09-26 15:08:10
Kevin Durant Recovers Coinbase Account While Users Face Glitches Locking ADA Funds – cover image

Recently, Coinbase experienced a significant glitch affecting numerous users, including NBA superstar Kevin Durant, who temporarily lost access to his account but managed to regain it successfully. However, not all users were as fortunate; one individual reported that their $60,000 worth of Cardano (ADA) was frozen from November 2024 until September 2025 due to this technical issue.

Such extended freezes on crypto assets can be financially and emotionally draining for investors. This incident highlights the importance of secure and reliable platforms and alternative services that can mitigate these risks.

Bitlet.app offers a unique solution with its Crypto Installment service, allowing users to buy cryptocurrencies immediately and pay monthly instead of making full payments upfront. This approach reduces financial strain and increases flexibility, especially valuable during unexpected platform glitches.

If you're concerned about crypto platform reliability, consider checking out Bitlet.app for a safer and more convenient way to invest. It not only minimizes risks linked to temporary account or fund freezes but also provides a smoother buying experience.

Stay informed and choose platforms that prioritize user trust and flexibility, ensuring your investments remain accessible and secure even during unforeseen technical issues.

Share on:

Related news

Coinbase Partners With Major U.S. Banks on Stablecoin and Crypto Pilots

Coinbase said it is collaborating with leading U.S. banks on stablecoin projects and pilot crypto services, with CEO Brian Armstrong noting banks are "leaning into this as an opportunity." The move reflects a growing, if cautious, Wall Street interest in crypto infrastructure.

Coinbase Heats Up Global Expansion With Prime-Grade Assets

Coinbase said on X that it expanded global operations in November with new lending solutions, improved on‑chain capabilities, and broader international access, highlighting gains across retail, institutional and developer segments. The updates include access to what Coinbase calls prime‑grade assets for institutional customers.

Malformed Transaction Exploit Triggers Emergency Response on Cardano

In November 2025 a malformed transaction exploited a deserialization bug on Cardano, prompting emergency interventions across the network. The incident has reignited scrutiny over the project's governance and update processes.

Published at 2025-12-01 15:45:08
160 New Yorkers Get $12K in USDC in Coinbase Crypto-UBI Pilot

A Coinbase-funded pilot is sending $12,000 in USDC to 160 New Yorkers over five months; the funds originated with Coinbase but were not provided directly by the exchange this year.

Published at 2025-11-30 00:15:07
Cardano Sets Record with Fastest DRep Governance Vote

Cardano's Critical Integrations Budget proposal became the fastest DRep-approved governance vote, crossing the 50% approval threshold in under 48 hours. The quick approval highlights stronger on-chain participation and faster treasury decision-making for the ecosystem.

Published at 2025-11-29 12:30:07