Solana Co-Founder Names Biggest Threat to Crypto

Solana co-founder Anatoly Yakovenko said phishing and social engineering attacks are the biggest threat to crypto and advised investors to worry more about social engineering attacks than about AI or quantum computers breaking crypto security. "Phishing and social engineering is the biggest threat to crypto. Not AI breaking math or quantum computers," he wrote on X. The Solana co-founder also suggested having a separate iOS device with Apple's Lockdown Mode turned on and using a multisignature crypto wallet. This is one of the cheapest ways for investors to safeguard their digital assets, according to Yakovenko. The Solana co-founder's statement highlights a fundamental weakness in crypto security: hackers don't need to break blockchain security to steal digital assets.

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