Your Code Is Audited, Your Keys Aren’t: Why Drains Keep Happening to Web3 Builders and Users
Private keys represent the ultimate authority in decentralized systems. They control assets, sign transactions, authenticate identities, and anchor an individual’s entire on-chain reputation. Once a private key is compromised, the attacker gains irreversible and total control. There are no chargebacks, no recovery workflows, and no intermediaries who can intervene.