Web3 Vulnerabilities Guide for Ethical Hacker

x32x01
  • by x32x01 ||
Web3 is shaping a decentralized future, but with innovation comes new security risks ⚠️. Smart contracts are immutable, public, and often handle millions of dollars - which makes them a prime target for attackers.

In this guide, we’ll break down the most common Web3 vulnerabilities, real-world examples, and the tools ethical hackers use to find and test them 🧠💻.

Re-Entrancy Attacks 🧨​

One of the most famous smart contract vulnerabilities, especially on Ethereum.
A re-entrancy attack happens when a contract sends funds before updating its internal state, allowing attackers to repeatedly drain funds.

🧪 Real-world example:
The DAO Hack (2016), where attackers stole around 3.6 million ETH 😱.

🛠️ Vulnerable code example:
C:
function withdraw(uint _amount) public {
    if (balances[msg.sender] >= _amount) {
        (bool success, ) = msg.sender.call{value: _amount}("");
        require(success);
        balances[msg.sender] -= _amount;
    }
}
👨‍💻 An attacker creates a fallback function that keeps calling withdraw() before the balance updates.
🧰 Testing tools:
  • Slither
  • Mythril
  • Echidna (fuzz testing)


Integer Overflow & Underflow 🔐​

Older Solidity versions (before 0.8) didn’t check arithmetic limits.
🧪 Example:
C:
uint8 x = 255;
x += 1; // overflow → x becomes 0
This can break logic and allow attackers to bypass limits or drain funds.
✅ New Solidity versions fix this automatically, but legacy contracts are still risky.
🧰 Tools to detect it:
  • Slither
  • Manticore


Web3 Phishing & Wallet Attacks 🪤​

Not all attacks are on-chain - many target the frontend 😬.
Attackers trick users into signing malicious transactions through fake websites or popups.
🧪 Example:
A fake airdrop page asks users to “claim tokens” - but actually drains their wallet or NFTs 💸.
🔧 Analysis tools:
  • Browser DevTools
  • MetaMask (with testnets)


Unprotected selfdestruct() Calls 📬​

If access control is missing, anyone can destroy a contract.
🧪 Bad example:
Code:
function kill() public {
    selfdestruct(payable(msg.sender));
}

👨‍💻 Without an onlyOwner modifier, attackers can permanently kill the contract.
🧰 Detection tools:
  • Slither
  • Mythril


Oracle Manipulation Attacks 🕳️​

DeFi apps rely on price oracles - and attackers love that 😈.
🧪 Example:
Using flash loans to temporarily manipulate token prices, then borrowing more than the collateral is worth.

🧰 Testing & simulation tools:
  • Tenderly (transaction debugging)
  • Foundry / Hardhat


Essential Web3 Testing Tools 🧪🧰​

ToolUse Case
SlitherStatic smart contract analysis
MythrilAutomated vulnerability scanning
EchidnaSmart contract fuzzing
TenderlyReal-time debugging & monitoring
FoundryTesting & development framework
Remix IDEManual testing & debugging

Final Thoughts 🚨​

Web3 is powerful - but not bulletproof. Every smart contract is a potential attack surface.
If you’re building or auditing Web3 apps:
  • Test early 🧪
  • Audit thoroughly 🔍
  • Never deploy to mainnet without confidence 🚀
Security isn’t optional in Web3 - it’s survival.
 
Last edited:
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