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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.

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What happened

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.

Reported details

  • 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…

Why this matters

This reads as a change in infrastructure rather than a move in price, and that distinction decides what is worth verifying: whether the underlying record moved, or only the interface around it. If a ledger, custodian or settlement term is unchanged, then anything built on top of it behaves the same too, however the announcement is framed. Subject of the report: Solana Co-Founder.

Evidence boundary

On Solana Co-Founder, the scope is limited to what the linked 2 reports state, and where they diverge both positions are recorded without either being picked in advance; the headline figure is what to check first.

What to verify

If Solana Co-Founder points at a contract or a chain, verify the deployed address and version there. If it describes an internal or corporate change with no on-chain component, the chain is the wrong place to look.

Sources and editorial check time

This information is educational and is not financial, legal, or tax advice.

Sources