Attack Chains in Web3: Lessons from Multi‑Stage Web3 Exploits
2026-02-17 , Auditorium

Most Web3 incidents aren’t “one bug, one drain” anymore. Attackers increasingly chain weaknesses across layers such as legacy contracts, subtle numerical edge cases, protocol/bridge exit paths, and off-chain vendor exposure, into an exploit path that ends in irreversible loss. In this talk we'll take a look at some high-signal incidents from 2025 and discuss how to break attack chains before they reach funds. Lessons learned will include practical strategies that projects may adopt to build defense-in-depth that breaks attack chains.

Dr. Sebastian Banescu is the founder of Adevar Labs, a security firm dedicated to hardening the Web3 ecosystem. With over 15 years in digital security and 7 years specifically in blockchain, his experience spans from securing industrial systems at BMW, Philips, and Deloitte to conducting over 100 smart contract audits since 2018. A former researcher with a PhD from TU Munich and over 1,200 citations on Google Scholar, Sebastian Banescu specializes in the intersection of formal verification and real-world exploit analysis. He notably founded the first regulated insurance company for smart contract risks, pioneering the use of actuarial standards in DeFi.