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    Home - Cryptocurrency & Blockchain - ‘Bitcoin Family’ revamps security after crypto crime wave
    Cryptocurrency & Blockchain

    ‘Bitcoin Family’ revamps security after crypto crime wave

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    ‘Bitcoin Family’ revamps security after crypto crime wave
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    Didi Taihuttu, patriarch of the so-called “Bitcoin Family,” has overhauled his digital asset security setup following a wave of violent attacks targeting crypto holders. 

    The family, known for going all-in on Bitcoin in 2017, now hides portions of their private keys across four continents. In a CNBC interview, Taihuttu said he now uses a hybrid approach instead of relying solely on hardware wallets. 

    Taihuttu told CNBC that the family has changed everything. “Even if someone held me at gunpoint, I can’t give them more than what’s on my wallet or my phone. And that’s not a lot,” he said. 

    The security overhaul comes amid a wave of criminal activity, including kidnappings and extortion attempts aimed at crypto users. Taihuttu said the threats forced them to rethink their security strategy.