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

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

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

Episoder(3964)

Why Iran Wants Crypto for Strait of Hormuz Tolls | CoinDesk Daily

Why Iran Wants Crypto for Strait of Hormuz Tolls | CoinDesk Daily

Iran wants bitcoin and stablecoins for Strait of Hormuz toll payments. Iran is now accepting bitcoin and stablecoins from cargo ships transiting the Strait of Hormuz, charging $1 per barrel of oil. E...

9 Apr 2min

Blockspace: Iran Taxes Oil Tankers in BTC, Morgan Stanley Launches BTC ETF, the NYT Hunts for Satoshi

Blockspace: Iran Taxes Oil Tankers in BTC, Morgan Stanley Launches BTC ETF, the NYT Hunts for Satoshi

Iran reportedly wants shipping companies to pay a toll in BTC to leave the Strait of Hormuz, and the NYT thinks it has cracked the case on Satoshi’s identity. Get your tickets to OPNEXT 2026 befor...

9 Apr 1h 27min

Morgan Stanley Launches Cheapest Bitcoin ETF | CoinDesk Daily

Morgan Stanley Launches Cheapest Bitcoin ETF | CoinDesk Daily

Morgan Stanley's spot Bitcoin ETF is here. Morgan Stanley's spot Bitcoin ETF begins trading today under the ticker MSBT, making it the first proprietary Bitcoin fund from a major U.S. bank. With 16,0...

8 Apr 2min

Are AI Giants Coming for Bitcoin Miners' Power? | CoinDesk Daily

Are AI Giants Coming for Bitcoin Miners' Power? | CoinDesk Daily

Will AI companies fight bitcoin miners for energy infrastructure? Anthropic's multi-gigawatt compute deal with Google and Broadcom highlights how AI companies are now directly competing with bitcoin ...

7 Apr 2min

Blockspace: Matt Odell on OpenSats’ 17th Grant, $270M Drift Hack, Charles Schwab Eyes BTC Trading

Blockspace: Matt Odell on OpenSats’ 17th Grant, $270M Drift Hack, Charles Schwab Eyes BTC Trading

Matt Odell joins the show to discuss OpenSats’ 17th grant round, and Ben Carman also joins to explain why the Austin Bitdevs meetup is saying sayonara for now. Get your tickets to OPNEXT 2026 befor...

7 Apr 1h 8min

Invesco Takes Over Superstate’s $900M Fund; Franklin Crypto in Focus

Invesco Takes Over Superstate’s $900M Fund; Franklin Crypto in Focus

Why is Wall Street betting on crypto? On this episode of CoinDesk’s Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by 250 Digital Asset Management CEO Chris Perkins to discu...

6 Apr 28min

Lawmakers Outraged Over "Disgusting" War Bets on Polymarket | CoinDesk Daily

Lawmakers Outraged Over "Disgusting" War Bets on Polymarket | CoinDesk Daily

Polymarket faces political backlash over contract tied to rescuing U.S. soldiers in Iran. Polymarket removed a betting market on the rescue of U.S. service members in Iran after lawmakers criticized ...

6 Apr 3min

Blockspace: MARA’s 15% Layoffs, CleanSpark’s Bitcoin Bond, Google’s Quantum Computing Bitcoin Break

Blockspace: MARA’s 15% Layoffs, CleanSpark’s Bitcoin Bond, Google’s Quantum Computing Bitcoin Break

On today’s Blockspace Live, Alex Pruden joins us to discuss Google’s latest quantum computing paper, and we unpack MARA’s 15% headcount reduction. Get your tickets to OPNEXT 2026 before prices incr...

4 Apr 1h 24min

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