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The Lightning Network promises to alleviate Bitcoin's known scalability problems. The operation of such second layer approaches relies on the ability of participants to turn to the blockchain to claim funds at any time, which is assumed to…
Smart Contracts and transactions allow users to implement elaborate constructions on cryptocurrency blockchains like Bitcoin and Ethereum. Many of these constructions, including operational payment channels and atomic swaps, use a building…
The problem of anomaly detection has been studied for a long time. In short, anomalies are abnormal or unlikely things. In financial networks, thieves and illegal activities are often anomalous in nature. Members of a network want to detect…
Lightning Network (LN) is a widely-used network of payment channels enabling faster and cheaper Bitcoin transactions. In this paper, we outline three ways an attacker can steal funds from honest LN users. The attacks require dilating the…
For data privacy, system reliability, and security, Blockchain technologies have become more popular in recent years. Despite its usefulness, the blockchain is vulnerable to cyber assaults; for example, in January 2019 a 51% attack on…
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…
Consider the following set-up for the plot of a possible future episode of the TV series Black Mirror: human brains can be connected directly to the net and MiningMind Inc. has developed a technology that merges a reward system with a…
Blockchain systems often employ proof-of-work consensus protocols to validate and add transactions into hashchains. These protocols stimulate competition among miners in solving cryptopuzzles (e.g. SHA-256 hash computation in Bitcoin) in…
The rise of ransomware attacks has necessitated the development of effective strategies for identifying and mitigating these threats. This research investigates the utilization of a feature selection algorithm for distinguishing…
Anonymity in Bitcoin, a peer-to-peer electronic currency system, is a complicated issue. Within the system, users are identified by public-keys only. An attacker wishing to de-anonymize its users will attempt to construct the one-to-many…
Ransomware attacks continue to wreak havoc across the globe, with public reports of total ransomware payments topping billions of dollars annually. While the use of cryptocurrency presents an avenue to understand the tactics of ransomware…
Research has shown that cryptographic APIs are hard to use. Consequently, developers resort to using code examples available in online information sources that are often not secure. We have developed a web platform, named CryptoExplorer,…
Cryptocurrency exchanges are frequently targeted and compromised by cyber-attacks, which may lead to significant losses for the depositors and closure of the affected exchanges. These risks threaten the viability of the entire public…
With the rapid growth of blockchain, an increasing number of users have been attracted and many implementations have been refreshed in different fields. Especially in the cryptocurrency investment field, blockchain technology has shown…
We analyze bribing attacks in Proof-of-Stake distributed ledgers from a game theoretic perspective. In bribing attacks, an adversary offers participants a reward in exchange for instructing them how to behave, with the goal of attacking the…
Recently we could see several institutions coming together to create consortium based blockchain networks such as Hyperledger. Although for applications of blockchain such as Bitcoin, Litcoin, etc. the majority-attack might not be a great…
The Lightning Network is a scaling solution for Bitcoin that promises to enable rapid and private payment processing. In Lightning, multi-hop payments are secured by utilizing Hashed Time-Locked Contracts (HTLCs) and encrypted on the…
This paper presents a comprehensive analysis of the cryptocurrency free giveaway scam disseminated in a new distribution channel, Twitter lists. To collect and detect the scam in this channel, unlike existing scam detection systems that…
Stratum, the de-facto mining communication protocol used by blockchain based cryptocurrency systems, enables miners to reliably and efficiently fetch jobs from mining pool servers. In this paper we exploit Stratum's lack of encryption to…
In the realm of cybersecurity, phishing stands as a prevalent cyber attack, where attackers employ various tactics to deceive users into gathering their sensitive information, potentially leading to identity theft or financial gain.…