After recent kidnappings the ‘Bitcoin Family’ splits their seed phrase into multiple parts, hidden in locations on four continents

Key Points

• The family’s new storage model splits an encrypted 24-word seed phrase into multiple parts, hidden in locations from Europe to South America.
• Their hot wallets are guarded by multi-signature protocols, while cold funds are stored entirely offline — with no hardware devices involved.
• Taihuttu is also embracing decentralized trading platforms and MPC technology to reduce single points of failure amid rising threats.

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This is not only a news article but an security advice to everyone out there, make sure to use multi signature wallets. Here are a few wallets that support multi signature but DO YOUR OWN RESEARCH AS WELL:

• Electrum: A lightweight, open-source Bitcoin wallet supporting advanced multi-signature setups and hardware wallet integration.
• Armory: A highly secure, desktop-only Bitcoin wallet with robust multi-signature and cold storage features.
• Safe Wallet: A smart contract-based, multi-signature wallet for Ethereum and EVM chains, trusted by teams and DAOs.
• BitGo: An enterprise-grade multi-signature wallet supporting multiple blockchains, regulatory compliance, and advanced security.
• Casa: A self-custody Bitcoin wallet designed for individuals and families, offering multi-signature with hardware integration and key recovery.
• Nunchuk: A collaborative multi-signature Bitcoin wallet for desktop and mobile, supporting hardware wallets and self-management.
• CoolWallet Pro: A multi-chain hardware wallet with multi-signature support, DeFi/NFT features, and a compact, mobile design.
• OKX Web3 Wallet: A multi-chain, non-custodial wallet with multi-signature capabilities, optimized for DeFi and Web3 access.
• TotalSig: A flexible multi-signature wallet supporting Bitcoin and other assets, allowing up to 16 participants and optimized transaction fees.