The Blockspace Pod: How to Protect Yourself from a Crypto Kidnapping episode artwork

EPISODE · Mar 5, 2026 · 37 MIN

The Blockspace Pod: How to Protect Yourself from a Crypto Kidnapping

from CoinDesk Podcast Network · host CoinDesk

Chris Seedor joins the podcast to discuss the terrifying rise in physical Bitcoin attacks and how to mitigate risk. We cover stainless steel backups, multi-sig setups, and why AI-driven phishing is changing the security game forever. Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin. Chris Seedor of Seedor & Bitsurance joins us to talk about the rising threat of physical "wrench attacks" and advanced Bitcoin self-custody. We discuss the 70% spike in violence against BTC owners, using Miniscript for time-locked security, and how AI-driven phishing is bypassing video IDs. Chris explains why simple seed phrases are high-risk and how protocol changes like covenants could revolutionize reactive security for all holders. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * Physical attacks up 70% since 2024  * 74 documented Bitcoin physical attacks  * 1 in 10 kidnappings resulted in death  * Successful attacks occur 66% of the time  * $1.5B Ethereum stolen in Bybit hack  Timstamps 00:00 Start 03:26 Chris has a real job? 05:40 Hardware wallet vs steel backup? 08:12 Understanding your risk surface area 11:17 Attacker landscape 15:50 Shift in mindset 17:10 Even smart people get scammed 18:38 AI supercharging scams 20:50 New ways of securing your BTC 23:48 What's happening technically 25:58 Security on other chains 28:42 Softforks 31:53 Tools for the baddies (ordinals / runes) 👉CleanSpark CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world. 👉Luxor, Blockspace's preferred mining pool Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining

Episode metadata supplied by the publisher feed · Published Mar 5, 2026

Embed this episode

NOW PLAYING

The Blockspace Pod: How to Protect Yourself from a Crypto Kidnapping

0:00 37:42

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of CoinDesk Podcast Network?

This episode is 37 minutes long.

When was this CoinDesk Podcast Network episode published?

This episode was published on March 5, 2026.

Can I download this CoinDesk Podcast Network episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!