Hacking News
Solana Co-Founder Warns of Phishing Attacks as Binance Breach Highlights Security Weakness
Solana co-founder Anatoly Yakovenko emphasized phishing and social engineering attacks as the biggest threat to crypto, warning investors to be wary of these methods rather than focusing on AI or quantum computers. Yakovenko suggested using a separate iOS device with Apple's Lockdown Mode and a multisignature crypto wallet for security. This advice comes after the massive Binance hack, where hackers used sophisticated social engineering to compromise a Binance employee, leading to a breach affecting over $6.34 billion in digital assets.