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Explore the critical security challenges facing Web3 and blockchain technologies in this 41-minute Black Hat conference talk. Delve into the perfect storm of inexperience, emerging tech, high stakes, and immutable transactions that create a volatile environment for innovation. Examine how the rush to deploy experimental projects in production leads to vulnerabilities and million-dollar exploits. Investigate the origins of these security issues, assess the current state of Web3 security, and discover potential solutions to improve the safety and reliability of decentralized systems. Gain valuable insights into the unique security considerations of blockchain-based applications and learn how to navigate the evolving landscape of Web3 security.