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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

Crypto Currencies have recently gained enormous popularity amongst the general public. With each passing day, more and more companies are radically accepting crypto cur-rencies in their payment systems, paving way for an economic…

Cryptography and Security · Computer Science 2017-12-01 Sufian Hameed , Sameet Farooq

Since the inception of permissionless blockchains with Bitcoin in 2008, it became apparent that their most well-suited use case is related to making the financial system and its advantages available to everyone seamlessly without depending…

General Finance · Quantitative Finance 2023-06-16 Georgios Palaiokrassas , Sandro Scherrers , Iason Ofeidis , Leandros Tassiulas

The purpose of this work was to perform a network analysis on the rapidly growing bitcoin transaction network. Using a web-socket API, we collected data on all transactions occurring during a six hour window. Sender and receiver addresses…

Social and Information Networks · Computer Science 2022-07-05 Lambert T. Leong

As Non-Fungible Tokens (NFTs) continue to grow in popularity, NFT users have become targets of phishing attacks by cybercriminals, called \textit{NFT drainers}. Over the last year, \$100 million worth of NFTs were stolen by drainers, and…

Cryptography and Security · Computer Science 2023-11-20 Hanna Kim , Jian Cui , Eugene Jang , Chanhee Lee , Yongjae Lee , Jin-Woo Chung , Seungwon Shin

The dramatic adoption of Bitcoin and other cryptocurrencies in the USA has revolutionized the financial landscape and provided unprecedented investment and transaction efficiency opportunities. The prime objective of this research project…

Stablecoins have become a foundational component of the digital asset ecosystem, with their market capitalization exceeding 230 billion USD as of May 2025. As fiat-referenced and programmable assets, stablecoins provide low-latency,…

General Economics · Economics 2025-08-07 Luyao Zhang

The crypto ecosystem has evolved into a formidable channel for raising venture capital. Each new wave of capital inflows has been epitomized by a new type of investment vehicle, may it be ICOs, DAOs, or NFTs. Regrettably, none of these…

Computers and Society · Computer Science 2023-10-04 Šarūnas Barauskas , Roberto Ripamonti , Emanuele Ragnoli

Cryptocurrencies gain trust in users by publicly disclosing the full creation and transaction history. In return, the transaction history faithfully records the whole spectrum of cryptocurrency user behaviors. This article analyzes and…

Cryptography and Security · Computer Science 2020-10-05 Xiao Fan Liu , Xin-Jian Jiang , Si-Hao Liu , Chi Kong Tse

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…

Cryptography and Security · Computer Science 2019-09-26 Sergio Pastrana , Guillermo Suarez-Tangil

A key challenge for Bitcoin cryptocurrency holders, such as startups using ICOs to raise funding, is managing their FX risk. Specifically, a misinformed decision to convert Bitcoin to fiat currency could, by itself, cost USD millions. In…

Risk Management · Quantitative Finance 2018-05-15 Cuneyt Akcora , Matthew Dixon , Yulia Gel , Murat Kantarcioglu

Blockchain ecosystems -- such as those built around chains, layers, and services -- try to engage users for a variety of reasons: user education, growing and protecting their market share, climbing metric-measuring leaderboards with…

Cryptography and Security · Computer Science 2025-03-20 Joseph Al-Chami , Jeremy Clark

Cryptographic tokens are a new digital paradigm that can facilitate the establishment of economic incentives in digital ecoystems. Tokens can be leveraged for the coordination, optimization and governance of large networks at scale in a…

Computers and Society · Computer Science 2023-03-20 Ricky Lamberty , Alexander Poddey , David Galindo , Danny de Waard , Tobias Koelbel , Daniel Kirste

Cryptocurrency is a well-developed blockchain technology application that is currently a heated topic throughout the world. The public availability of transaction histories offers an opportunity to analyze and compare different…

Statistical Finance · Quantitative Finance 2018-08-28 Jiaqi Liang , Linjing Li , Daniel Zeng

As a fundraising method, Initial Coin Offering (ICO) has raised billions of dollars for thousands of startups in the past two years. Existing ICO mechanisms place more emphasis on the short-term benefits of maximal fundraising while…

Computer Science and Game Theory · Computer Science 2020-02-27 Mingyu Guo , Zhenghui Wang , Yuko Sakurai

Blockchains are significantly easing trade finance, with billions of dollars worth of assets being transacted daily. However, analyzing these networks remains challenging due to the sheer volume and complexity of the data. We introduce a…

Machine Learning · Computer Science 2024-05-07 Jason Zhu , Arijit Khan , Cuneyt Gurcan Akcora

The cryptocurrency market is a very huge market without effective supervision. It is of great importance for investors and regulators to recognize whether there are market manipulation and its manipulation patterns. This paper proposes an…

General Finance · Quantitative Finance 2019-02-07 Weili Chen , Jun Wu , Zibin Zheng , Chuan Chen , Yuren Zhou

Tokens have proliferated across blockchains in terms of number, market capitalisation and utility. Some tokens are tokenised versions of existing tokens -- known variously as wrapped tokens, fractional tokens, or shares. The repeated…

Cryptography and Security · Computer Science 2024-11-05 Martin Harrigan , Thomas Lloyd , Daire Ó Broin

Blockchain technology and, in particular, blockchain-based cryptocurrencies offer us information that has never been seen before in the financial world. In contrast to fiat currencies, all transactions of crypto-currencies and crypto-tokens…

Social and Information Networks · Computer Science 2019-12-24 Yitao Li , Umar Islambekov , Cuneyt Akcora , Ekaterina Smirnova , Yulia R. Gel , Murat Kantarcioglu

The first six months of 2018 saw cryptocurrency thefts of $761 million, and the technology is also the latest and greatest tool for money laundering. This increase in crime has caused both researchers and law enforcement to look for ways to…

Computers and Society · Computer Science 2020-03-16 Mansoor Ahmed-Rengers , Ilia Shumailov , Ross Anderson
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