Ethereum's dominance among Web3 white hats is attributed to its extensive ecosystem, robust security features, and significant developer community support. Polygon, Arbitrum, Optimism, and Solana are also gaining traction, but Ethereum remains the preferred choice for white hats. The Web3 industry faces substantial threats, requiring vigilance from white hats and security experts. Vulnerability exploits pose the most significant threat, followed by phishing and social engineering tactics. Insider threats and third-party software exploits also pose risks that need mitigation. By addressing these threats proactively, the Web3 industry can enhance its overall security posture and safeguard user funds and data.

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