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Related papers: Explainable Ponzi Schemes Detection on Ethereum

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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…

Cryptography and Security · Computer Science 2021-04-20 Shanqing Yu , Jie Jin , Yunyi Xie , Jie Shen , Qi Xuan

The Ponzi scheme, an old-fashioned fraud, is now popular on the Ethereum blockchain, causing considerable financial losses to many crypto investors. A few Ponzi detection methods have been proposed in the literature, most of which detect a…

Cryptography and Security · Computer Science 2024-07-19 Phuong Duy Huynh , Son Hoang Dau , Xiaodong Li , Phuc Luong , Emanuele Viterbo

The rapid advancement of blockchain technology has precipitated the widespread adoption of Ethereum and smart contracts across a variety of sectors. However, this has also given rise to numerous fraudulent activities, with many speculators…

Cryptography and Security · Computer Science 2026-02-02 Chunyi Zhang , Qinghong Wei , Xiaoqi Li

Ethereum has become a popular blockchain with smart contracts for investors nowadays. Due to the decentralization and anonymity of Ethereum, Ponzi schemes have been easily deployed and caused significant losses to investors. However, there…

Human-Computer Interaction · Computer Science 2023-03-15 Xiaolin Wen , Kim Siang Yeo , Yong Wang , Ling Cheng , Feida Zhu , Min Zhu

As blockchain technology becomes more and more popular, a typical financial scam, the Ponzi scheme, has also emerged in the blockchain platform Ethereum. This Ponzi scheme deployed through smart contracts, also known as the smart Ponzi…

Software Engineering · Computer Science 2024-03-01 Pengcheng Lu , Liang Cai , Keting Yin

Ponzi schemes are financial frauds which lure users under the promise of high profits. Actually, users are repaid only with the investments of new users joining the scheme: consequently, a Ponzi scheme implodes soon after users stop joining…

Cryptography and Security · Computer Science 2026-02-03 Massimo Bartoletti , Salvatore Carta , Tiziana Cimoli , Roberto Saia

A smart Ponzi scheme is a new form of economic crime that uses Ethereum smart contract account and cryptocurrency to implement Ponzi scheme. The smart Ponzi scheme has harmed the interests of many investors, but researches on smart Ponzi…

Machine Learning · Computer Science 2021-08-24 Yuzhi Liang , Weijing Wu , Kai Lei , Feiyang Wang

Ponzi schemes, a form of scam, have been discovered in Ethereum smart contracts in recent years, causing massive financial losses. Existing detection methods primarily focus on rule-based approaches and machine learning techniques that…

Software Engineering · Computer Science 2024-06-04 Ruichao Liang , Jing Chen , Cong Wu , Kun He , Yueming Wu , Weisong Sun , Ruiying Du , Qingchuan Zhao , Yang Liu

Blockchain technology supports the generation and record of transactions, and maintains the fairness and openness of the cryptocurrency system. However, many fraudsters utilize smart contracts to create fraudulent Ponzi schemes for…

Cryptography and Security · Computer Science 2022-06-17 Jie Jin , Jiajun Zhou , Chengxiang Jin , Shanqing Yu , Ziwan Zheng , Qi Xuan

With the widespread adoption of Ethereum, financial frauds such as Ponzi schemes have become increasingly rampant in the blockchain ecosystem, posing significant threats to the security of account assets. Existing Ethereum fraud detection…

Cryptography and Security · Computer Science 2025-03-28 Junhao Wu , Yixin Yang , Chengxiang Jin , Silu Mu , Xiaolei Qian , Jiajun Zhou , Shanqing Yu , Qi Xuan

Smart contracts, self-executing agreements directly encoded in code, are fundamental to blockchain technology, especially in decentralized finance (DeFi) and Web3. However, the rise of Ponzi schemes in smart contracts poses significant…

Cryptography and Security · Computer Science 2024-12-19 Cong Wu , Jing Chen , Ziwei Wang , Ruichao Liang , Ruiying Du

Recently, blockchain technology has become a topic in the spotlight but also a hotbed of various cybercrimes. Among them, phishing scams on blockchain have been found making a notable amount of money, thus emerging as a serious threat to…

Social and Information Networks · Computer Science 2021-01-01 Jiajing Wu , Qi Yuan , Dan Lin , Wei You , Weili Chen , Chuan Chen , Zibin Zheng

With the prevalence of smart contracts, smart Ponzi schemes have become a common fraud on blockchain and have caused significant financial loss to cryptocurrency investors in the past few years. Despite the critical importance of detecting…

Human-Computer Interaction · Computer Science 2024-12-25 Xiaolin Wen , Tai D. Nguyen , Shaolun Ruan , Qiaomu Shen , Jun Sun , Feida Zhu , Yong Wang

Soon after its introduction in 2009, Bitcoin has been adopted by cyber-criminals, which rely on its pseudonymity to implement virtually untraceable scams. One of the typical scams that operate on Bitcoin are the so-called Ponzi schemes.…

Cryptography and Security · Computer Science 2018-03-05 Massimo Bartoletti , Barbara Pes , Sergio Serusi

Ethereum is currently the second largest blockchain by market capitalization and a popular platform for cryptocurrencies. As it has grown, the high value present and the anonymity afforded by the technology have led Ethereum to become a…

Cryptography and Security · Computer Science 2025-01-22 Calvin Josenhans , Andrey Kuehlkamp , Jarek Nabrzyski

Scam contracts on Ethereum have rapidly evolved alongside the rise of DeFi and NFT ecosystems, utilizing increasingly complex code obfuscation techniques to avoid early detection. This paper systematically investigates how obfuscation…

Cryptography and Security · Computer Science 2026-01-27 Zhang Sheng , Tan Kia Quang , Shen Wang , Shengchen Duan , Kai Li , Yue Duan

Smart contract is the building block of blockchain systems that enables automated peer-to-peer transactions and decentralized services. With the increasing popularity of smart contracts, blockchain systems, in particular Ethereum, have been…

Cryptography and Security · Computer Science 2021-05-24 Huiwen Hu , Yuedong Xu

Identifying reputable Ethereum projects remains a critical challenge within the expanding blockchain ecosystem. The ability to distinguish between legitimate initiatives and potentially fraudulent schemes is non-trivial. This work presents…

Cryptography and Security · Computer Science 2025-03-21 Cyrus Malik , Josef Bajada , Joshua Ellul

Smart contracts are self-executing programs on blockchain platforms like Ethereum, which have revolutionized decentralized finance by enabling trustless transactions and the operation of decentralized applications. Despite their potential,…

Software Engineering · Computer Science 2026-03-25 Gerardo Iuliano , Dario Di Nucci

We propose and compare two approaches to identify smart contracts as token systems by analyzing their public bytecode. The first approach symbolically executes the code in order to detect token systems by their characteristic behavior of…

Cryptography and Security · Computer Science 2018-11-29 Michael Fröwis , Andreas Fuchs , Rainer Böhme
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