Related papers: On legitimate mining of cryptocurrency in the brow…
In this paper, we examine the recent trend towards in-browser mining of cryptocurrencies; in particular, the mining of Monero through Coinhive and similar code- bases. In this model, a user visiting a website will download a JavaScript code…
The recent advances of web-based cryptomining libraries along with the whopping market value of cryptocoins have convinced an increasing number of publishers to switch to web mining as a source of monetization for their websites. The…
In-browser cryptojacking involves hijacking the CPU power of a website's visitor to perform CPU-intensive cryptocurrency mining, and has been on the rise, with 8500% growth during 2017. While some websites advocate cryptojacking as a…
In late 2017, a sudden proliferation of malicious JavaScript was reported on the Web: browser-based mining exploited the CPU time of website visitors to mine the cryptocurrency Monero. Several studies measured the deployment of such code…
Cryptojacking is the permissionless use of a target device to covertly mine cryptocurrencies. With cryptojacking, attackers use malicious JavaScript codes to force web browsers into solving proof-of-work puzzles, thus making money by…
Mining is the foundation of blockchain-based cryptocurrencies such as Bitcoin rewarding the miner for finding blocks for new transactions. The Monero currency enables mining with standard hardware in contrast to special hardware (ASICs) as…
Traffic monetization is a crucial component of running most for-profit online businesses. One of its latest incarnations is cryptocurrency mining, where a website instructs the visitor's browser to participate in building a cryptocurrency…
With the introduction of memory-bound cryptocurrencies, such as Monero, the implementation of mining code in browser-based JavaScript has become a worthwhile alternative to dedicated mining rigs. Based on this technology, a new form of…
Cryptocurrencies that are based on Proof-of-Work (PoW) often rely on special purpose hardware to perform so-called mining operations that secure the system, with miners receiving freshly minted tokens as a reward for their work. A notable…
Illicit crypto-mining leverages resources stolen from victims to mine cryptocurrencies on behalf of criminals. While recent works have analyzed one side of this threat, i.e.: web-browser cryptojacking, only commercial reports have partially…
The regulatory framework of cryptocurrencies (and, in general, blockchain tokens) is of paramount importance. This framework drives nearly all key decisions in the respective business areas. In this work, a computational model is proposed…
Bitcoin mining presents a significant economic incentive for efficient hashing and broadcast of data, both parameters stemming from the Proofs of Work used to advance the network. This incentive has led to the development of Bitcoin…
This paper considers five extensions for Chromium-based browsers in order to determine how effective can browser-based defenses against cryptojacking available to regular users be. We've examined most popular extensions - MinerBlock,…
A new cybersecurity attack,where an adversary illicitly runs crypto-mining software over the devices of unaware users, is emerging in both the literature and in the wild . This attack, known as cryptojacking, has proved to be very effective…
In this study, we examine the behavior and profitability of modern malware that mines cryptocurrency. Unlike previous studies, we look at the cryptocurrency market as a whole, rather than just Bitcoin. We not only consider PCs, but also…
Transaction fee mechanism design is a new decentralized mechanism design problem where users bid for space on the blockchain. Several recent works showed that the transaction fee mechanism design fundamentally departs from classical…
Blockchain-based cryptocurrencies prioritize transactions based on their fees, creating a unique kind of fee market. Empirically, this market has failed to yield stable equilibria with predictable prices for desired levels of service. We…
Cryptocurrencies have emerged as a new form of digital money that has not escaped the eyes of cyber-attackers. Traditionally, they have been maliciously used as a medium of exchange for proceeds of crime in the cyber dark-market by…
Emerging blockchain and cryptocurrency-based technologies are redefining the way we conduct business in cyberspace. Today, a myriad of blockchain and cryptocurrency systems, applications, and technologies are widely available to companies,…
Blockchains and cryptocurrencies disrupted the conversion of energy into a medium of exchange. Numerous applications for blockchains and cryptocurrencies are now envisioned for purposes ranging from inventory control to banking…