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Solana’s Yakovenko says phishing is crypto’s biggest threat

Summary by crypto.news
Solana co-founder Anatoly Yakovenko has warned that phishing and social engineering pose the biggest threat to crypto users, recommending a dedicated iOS device in Lockdown Mode paired with a multisignature wallet as a low-cost security setup. According to Yakovenko’s post…

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Anatoly Yakovenko argues that phishing and social engineering scams pose a more immediate danger to cryptoactives than AI or quantum computers. An incident reported by Binance and support fraud cases compiled by Security Alliance illustrates how attackers can reach wallets by cheating people, without breaking blockchain.

Key points of the news Anatoly Yakovenko, co-founder of Solana, identifies phishing and social engineering as the biggest security threats for cryptocurrency users. Yakovenko recommends combining a dedicated iPhone with Apple's Isolation Mode and a multi-signature wallet to strengthen personal protection. Chainalysis recorded $713 million in ... Read more

Solana co-founder Anatoly Yakovenko declared phishing the biggest threat to crypto and recommended a multi-signature wallet with an iPhone in Lock Mode. The Binance and Mercado Bitcoin incidents are also in the news.

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crypto.news broke the news on Tuesday, November 3, 2026.
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