Solana’s Yakovenko calls phishing crypto’s biggest threat

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. Yakovenko named phishing and social engineering as the main threats facing people holding cryptocurrency. His suggested setup combines a dedicated iOS device, Apple’s Lockdown Mode, and a multisignature wallet. Binance says fake interviews and compromised developer software helped attackers reach its wallet signing systems. Chainalysis recorded $713 million in personal wallet theft during 2025, affecting at least 80,000 victims.