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In this paper, we present the first large-scale empirical study of smart contract dependencies, analyzing over 41 million contracts and 11 billion interactions on Ethereum up to December 2024. Our results yield four key insights: (1) 59% of…

Software Engineering · Computer Science 2025-04-03 Monica Jin , Raphina Liu , Martin Monperrus

Price manipulation attack is one of the notorious threats in decentralized finance (DeFi) applications, which allows attackers to exchange tokens at an extensively deviated price from the market. Existing efforts usually rely on reactive…

Cryptography and Security · Computer Science 2025-02-07 Bosi Zhang , Ningyu He , Xiaohui Hu , Kai Ma , Haoyu Wang

Smart contracts are central to a myriad of critical blockchain applications, from financial transactions to supply chain management. However, their adoption is hindered by security vulnerabilities that can result in significant financial…

Cryptography and Security · Computer Science 2025-09-30 Dalila Ressi , Alvise Spanò , Lorenzo Benetollo , Carla Piazza , Michele Bugliesi , Sabina Rossi

Smart contract access control mechanisms can introduce centralization into supposedly decentralized ecosystems. In our view, such centralization is an overlooked risk of smart contracts that underlies well-known smart contract security…

Cryptography and Security · Computer Science 2023-12-12 Metin Lamby , Valentin Zieglmeier , Christian Ziegler

As of August 2022, blockchain-based assets boast a combined market capitalisation exceeding one trillion USD, among which the most prominent are the decentralised autonomous organisation (DAO) tokens associated with decentralised finance…

General Economics · Economics 2025-05-08 Teng Andrea Xu , Jiahua Xu , Kristof Lommers

Access control management is an integral part of maintaining the security of an application. Although there has been significant work in the field of cloud access control mechanisms, however, with the advent of Distributed Ledger Technology…

Cryptography and Security · Computer Science 2020-10-09 Arnab Chatterjee , Yash Pitroda , Manojkumar Parmar

This paper describes the problem of securing data by making it disappear after some time limit, making it impossible for it to be recovered by an unauthorized party. This method is in response to the need to keep the data secured and to…

Cryptography and Security · Computer Science 2011-12-13 Prashant Pilla

With the rapid advancement of blockchain technology, smart contracts have enabled the implementation of increasingly complex functionalities. However, ensuring the security of smart contracts remains a persistent challenge across the stages…

Cryptography and Security · Computer Science 2025-05-01 Yuchen Ding , Hongli Peng , Xiaoqi Li

This paper discusses a decentralized finance (DeFi) application called MakerDAO. The Maker Protocol, built on the Ethereum blockchain, enables users to create and hold currency. Current elements of the Maker Protocol are the Dai stable…

Computational Finance · Quantitative Finance 2022-11-01 Jason Chen , Kathy Fogel , Kose John

Financial speculators often seek to increase their potential gains with leverage. Debt is a popular form of leverage, and with over 39.88B USD of total value locked (TVL), the Decentralized Finance (DeFi) lending markets are thriving.…

General Finance · Quantitative Finance 2021-10-04 Kaihua Qin , Liyi Zhou , Pablo Gamito , Philipp Jovanovic , Arthur Gervais

Smart contracts are Turing-complete programs running on the blockchain. They cannot be modified, even when bugs are detected. The Selfdestruct function is the only way to destroy a contract on the blockchain system and transfer all the…

Software Engineering · Computer Science 2020-10-07 Jiachi Chen

This article presents an empirical investigation into the determinants of total revenue generated by counterfeit tokens on Uniswap. It offers a detailed overview of the counterfeit token fraud process, along with a systematic summary of…

Trading and Market Microstructure · Quantitative Finance 2024-03-07 Vahidin Jeleskovic

In recent years, the Decentralized Finance (DeFi) market has witnessed numerous attacks on the price oracle, leading to substantial economic losses. Despite the advent of truth discovery methods opening up new avenues for oracle…

Computer Science and Game Theory · Computer Science 2024-02-23 Youquan Xian , Peng Liu , Dongcheng Li , Xueying Zeng

Decentralized Applications (DApps) have seen widespread use in the recent past driving the world towards a new decentralized version of the web known as Web3.0. DApp-supported blockchains like Ethereum have largely been responsible for this…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-01-07 Deepal Tennakoon , Vincent Gramoli

This paper presents a case study of a cryptocurrency scam that utilized coordinated and inauthentic behavior on Twitter. In 2020, 143 accounts sold by an underground merchant were used to orchestrate a fake giveaway. Tweets pointing to a…

Social and Information Networks · Computer Science 2024-06-27 Guglielmo Cola , Michele Mazza , Maurizio Tesconi

Transaction privacy is a hard problem on an account-based blockchain such as Ethereum. While Ben-Sasson et al. presented the Zerocash protocol [BCG+14] as a decentralized anonymous payment (DAP) scheme standing on top of Bitcoin, no study…

Cryptography and Security · Computer Science 2019-04-08 Antoine Rondelet , Michal Zajac

This paper studies the effects of unexpected changes in US monetary policy on digital asset returns. We use event study regressions and find that monetary policy surprises negatively affect BTC and ETH, the two largest digital assets, but…

Statistical Finance · Quantitative Finance 2023-02-22 Antzelos Kyriazis , Iason Ofeidis , Georgios Palaiokrassas , Leandros Tassiulas

Blockchains protect an ecosystem worth more than $500bn with strong security properties derived from the principle of decentralization. Is today's blockchain decentralized? In this paper, we empirically studied one of the least…

Cryptography and Security · Computer Science 2025-05-01 Sen Yang , Kartik Nayak , Fan Zhang

Ethereum has officially provided a set of system-level cryptographic APIs to enhance smart contracts with cryptographic capabilities. These APIs have been utilized in over 10% of Ethereum transactions, motivating developers to implement…

Cryptography and Security · Computer Science 2024-08-12 Jiashuo Zhang , Yiming Shen , Jiachi Chen , Jianzhong Su , Yanlin Wang , Ting Chen , Jianbo Gao , Zhong Chen

Ethereum has become a widely used platform to enable secure, Blockchain-based financial and business transactions. However, many identified bugs and vulnerabilities in smart contracts have led to serious financial losses, which raises…

Software Engineering · Computer Science 2021-07-06 Zhipeng Gao