Solana co-founder says phishing and social engineering are the biggest threats to crypto users

Solana co-founder says phishing and social engineering are the biggest threats to crypto users

N
News Editor
2026-11-03 17:34:51
Solana co-founder Anatoly Yakovenko said phishing and social engineering are the biggest threats facing crypto users, according to a Techub News item citing Crypto.news. He pointed to a low-cost security setup rather than a complex or expensive defense model. His recommendation was to use a dedicated iOS device, turn on Lockdown Mode, and pair that setup with a multisignature wallet. The comment focused on practical steps individual users can take to reduce risk from common attack methods that target behavior and account access. No additional details were provided in the brief report beyond the warning and the suggested security measures.

Solana co-founder Anatoly Yakovenko said phishing and social engineering are the biggest threats facing crypto users, according to Techub News, which cited Crypto.news.

He recommended a low-cost security setup: use a dedicated iOS device, enable Lockdown Mode, and combine that with a multisignature wallet.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
100

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.