"Frequent incidents of encryption kidnapping" The strongest Bitcoin family will hide their mnemonic phrases across four continents: even with a gun to my head, they can't take it.

Recent reports of kidnappings of cryptocurrency executives have prompted the Taihuttu family, known as the "strongest bitcoin family," to overhaul their asset security strategy and disperse keys around the world. (Synopsis: James Wynn is not acting?) Self-proclaimed foolish idiot gambler, after losing $100 million, posted a Hyperliquid rebate link) (Background supplement: A week of losses of more than $60 million" Whale James Wynn: I'm still richer than you, and my monthly passive income exceeds yours for a year) Taihuttu's family of five from the Netherlands is arguably the strongest believer in Bitcoin (BTC), and they reached a consensus in 2017 and decided to sell all their belongings to buy Bitcoin, including a 2,500-square-foot (about 70.) ping) as well as money-making companies. Since then, they have lived a nomadic life, also known as the "Bitcoin family." Due to the recent significant increase in kidnappings and ransoms against cryptocurrency executives and wealthy holders, they recently shared in another CNBC interview that their family has completely restructured its asset security strategy to decentralize the storage of encrypted private keys on four continents. Mnemonic phrase decentralizes global physical storage Recent incidents in France, including the kidnapping and injury of the father of a cryptocurrency company executive, and the violent robbery and ransom of the co-founder of crypto hardware wallet company Ledger, have brought the security of crypto assets into focus. In the face of this wave of attacks, Didi Taihuttu made it clear in an interview: We changed everything. Even if someone pointed a gun at me, nothing more could be given to them than the contents of my wallet on my phone. That's not much. Their core security upgrade strategy is to carefully physically divide and decentralize the seed phrase of their crypto wallets. (Mnemonics typically consist of 24 words, allowing users to regain control of their cryptocurrency wallets if they lose their device or forget their passwords) Didi Taihuttu said they split the 24 words into four groups of six words each, and then hid them in secret locations in different locations on four continents. Even if you find most of the words, you won't have access to our full assets without all of them. To ensure the durability and safety of these mnemonics, some phrases are hand-engraved on specially made and fire-resistant steel plates. Taihuttu himself used a hammer and metal punch tool to hammer the letters one by one on the plates, which were then carefully hidden. In addition to the physical steel plate, another part of the seed word is digitally stored through a dedicated blockchain encryption service, adding another layer of protection. To further make it harder to crack, the Taihuttu family also added additional encryption to some stored words, such as replacing parts of the vocabulary or using code, which makes it difficult for an attacker to piece together the original seed word even if they obtain part of the phrase. He believes that over-reliance on a single hardware device can be a source of risk, especially in the face of physical coercion. As a result, they opted for a more radical decentralized storage approach, shifting trust from a single device to a well-designed, multi-layered geographically decentralized system. Digital Defense Line Upgrade: From Multi-Signature to Multi-Party Computing In addition to reforming at the physical storage level, the Bitcoin family has also strengthened the protective front of its digital assets. For the "hot wallets" that need to be connected to the Internet for daily transactions, they use multi-signature protocols for protection. (Multisig technology requires that a transaction must be approved and signed by at least two or more of multiple default authorizers before it can be executed before it can take effect) This mechanism, similar to the dual or multiple authorization of traditional banks, can effectively prevent the loss of funds caused by the leakage of a single private key or the coercion of individuals. Taihuttu revealed that about 65% of the family's crypto assets are locked in "cold storage" spread across four continents. At the same time, the storage device they use is completely independent of any commercially available wallets. Taihuttu firmly believes that this highly decentralized, family-controlled private setup is far more secure than any centralized third-party vault service or standard cold wallet on the market. Security considerations reshape lifestyles On the other hand, this growing security threat has had a significant impact on the lifestyle of the "Bitcoin family". In the past, they have been happy to share videos of their globetrotting and family life through YouTube and other social media to promote the Bitcoin and cryptocurrency lifestyle. Source: CNBC However, due to security concerns, they have recently stopped publishing any content that could reveal their real-time geographic location. Family members even decided to cancel the original trip to France because of recent kidnappings in France. Taihuttu expressed concern: "I think we're going to see more and more robberies. So, we definitely avoid certain areas of higher risk. It's a strange world, and we have to be vigilant at all times. The market is also starting to react to this wave of security crises targeting cryptocurrency holders. It is understood that some insurance companies have begun to launch Kidnap and Ransom (K&R) insurance services specifically for cryptocurrency holders. As the value of cryptocurrencies continues to climb and more and more wealth is stored in digital form, the issue of physical security is likely to become a key issue that all cryptocurrency holders, especially high-net-worth individuals, must take seriously. Extended reading: A number of insurance companies plan to promote "crypto rich kidnapping ransom insurance", as soon as this fall on the road Related reports James Wynn performed "Crypto Gambler" to put on a show for Hyperliquid? Giant whale James Wynn "loses and admits defeat": Give up the contract, I want to leave this fallen place Giant whale James Wynn opened a short order and shouted "Bitcoin rushed $120,000": should invest 99% BTC, 1% meme coin (crypto kidnapping cases are frequent) The strongest Bitcoin family hides the mnemonic phrase on four continents: I can't grab a gun to my head" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".