Venomous snake
Belcher's sea snake ("Hydrophis belcheri"), which many times is mistakenly called the hook-nosed sea snake ("Enhydrina schistosa"), has been erroneously popularized as the most venomous snake in the world, due to the first edition of Ernst and book, "Snakes in Question: The Smithsonian Answer Book", published in 1996.
Prominent venom expert Associate Professor Bryan Grieg Fry has clarified the error: "The hook nosed myth was due to a fundamental error in a book called "Snakes in Question". In there, all the toxicity testing results were lumped in together, regardless of the mode of testing (e.g., subcutaneous vs. intramuscular vs. intravenous vs. intraperitoneal). As the mode can influence the relative number, venoms can only be compared within a mode. Otherwise, it's apples and rocks." Belcher's sea snake's actual LD (recorded only intramuscularly) is 0.24 mg/kg and 0.155 mg/kg. Studies on mice and human cardiac cell culture show that venom of the inland taipan, drop by drop, is the most toxic among all snakes.
Pholcus phalangioides
An urban legend states that Pholcidae are the most venomous spiders in the world but that it is nevertheless harmless to humans because its fangs cannot penetrate human skin. Both of these claims have been proven untrue. Recent research has shown that pholcid venom has a relatively weak effect on insects. In the "MythBusters" episode "Daddy Long-Legs" it was shown that the spider's fangs (0.25 mm) could penetrate human skin (0.1 mm), but that only a very mild burning feeling was felt for a few seconds.