Solana Co-Founder Warns Phishing Is Crypto’s Biggest Security Threat

TL;DR Solana co-founder Anatoly Yakovenko identifies phishing and social engineering as the biggest security threats facing cryptocurrency users. Yakovenko recommends combining a dedicated iPhone with Apple’s Lockdown Mode and a multisignature wallet to strengthen personal protection. Chainalysis recorded $713 million in personal wallet theft during 2025 , with Solana accounting for approximately 26,500 victims. Solana co-founder Anatoly Yakovenko has warned that phishing represents one of the most serious security challenges facing the cryptocurrency industry . Rather than focusing exclusively on artificial intelligence or quantum computing, he believes attackers are more likely to exploit human behavior to gain access to digital assets . In a recent post on X, Yakovenko argued that social engineering remains a greater immediate danger than technological attacks against cryptographic systems .

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