Deus Wallet Introduces Duress Mode – The Revolutionary Solution for Cryptocurrency Security

December 19, 2024 – London, United Kingdom

As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders.

Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature – ‘duress mode.’

This technology, integrated into Deus’s non-custodial framework, provides an added layer of security to help safeguard cryptocurrency assets and user safety in high-risk situations.

The issue – Crypto security is more than digital

While digital security has advanced with multi-signature wallets, biometric authentication and hardware devices, physical security remains overlooked.

Criminals have adapted their tactics, targeting crypto holders.

Considering real-life examples

• 2022, London – Criminals broke into a businessman’s home and extorted $1.1 million in Bitcoin at gunpoint.
• 2023, New York – A crypto trader was kidnapped and forced to transfer $400,000 while held captive.
• 2021, Bangkok – A prominent investor managing millions in crypto was ambushed by an international gang and coerced into transferring $2.7 million.

In each case, victims lacked the tools to mitigate risks under pressure. Standard wallets provide no ‘last line of defense’ for these real-world threats.

Deus Wallet – Next-level protection

Deus Wallet tackles this vulnerability with its non-custodial structure and duress mode.

This approach allows users to retain full control over their assets while incorporating an additional security measure designed to address specific risks.

Non-custodial goal

With Deus, private keys are stored exclusively by the user – not on any centralized server. This eliminates third-party risks such as hacking, insider theft or regulatory overreach.

In an era where centralization poses increasing threats, non-custodial wallets offer unparalleled independence and security.

Duress mode was developed with one goal – to protect users in life-threatening situations.

The way it works

• Duress PIN configuration – Setting a secondary PIN during wallet setup.
• Under coercion – Entering the duress PIN instead of the regular one.
• Seamless Decoy – The wallet opens a fake account with minimal or no funds, while users’ actual assets remain hidden.

This feature ensures that attackers see what appears to be the entire wallet balance, without ever suspecting the existence of hidden funds.

Deus Wallet is part…