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Blockchain transaction networks are complex, with evolving temporal patterns and inter-node relationships. To detect illicit activities, we propose a hybrid GCN-GRU model that captures both structural and sequential features. Using real…

Machine Learning · Computer Science 2025-09-10 Gyuyeon Na , Minjung Park , Hyeonjeong Cha , Soyoun Kim , Sunyoung Moon , Sua Lee , Jaeyoung Choi , Hyemin Lee , Sangmi Chai

Deep learning models achieve state-of-the-art performance across domains but face scalability challenges in real-time or resource-constrained scenarios. To address this, we propose Loss Trajectory Correlation (LTC), a novel metric for…

Machine Learning · Computer Science 2025-03-14 Manish Nagaraj , Deepak Ravikumar , Efstathia Soufleri , Kaushik Roy

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…

Cryptography and Security · Computer Science 2020-06-25 Ivan Petrov , Luca Invernizzi , Elie Bursztein

Graph convolutional networks (GCNs) is a class of artificial neural networks for processing data that can be represented as graphs. Since financial transactions can naturally be constructed as graphs, GCNs are widely applied in the…

Machine Learning · Computer Science 2023-03-30 Song Li , Jiandong Zhou , Chong MO , Jin LI , Geoffrey K. F. Tso , Yuxing Tian

Currently cryptocurrencies and Decentralized Finance (DeFi), which enable financial services on public blockchains, represents a new growing trend in finance. In contrast to financial markets, ruled by traditional corporations, DeFi is…

Social and Information Networks · Computer Science 2024-01-04 Mar Grande , Florentino Borondo , Javier Borondo

Decentralized Ledger Technology, popularized by the Bitcoin network, aims to keep track of a ledger of valid transactions between agents of a virtual economy without a central institution for coordination. In order to keep track of a…

Systems and Control · Computer Science 2018-07-04 Michael Zargham , Zixuan Zhang , Victor Preciado

As more and more attacks have been detected on Ethereum smart contracts, it has seriously affected finance and credibility. Current anti-fraud detection techniques, including code parsing or manual feature extraction, still have some…

Machine Learning · Computer Science 2025-03-20 Yihong Jin , Ze Yang , Xinhe Xu

Blockchain technology has rapidly emerged to mainstream attention, while its publicly accessible, heterogeneous, massive-volume, and temporal data are reminiscent of the complex dynamics encountered during the last decade of big data.…

Cryptography and Security · Computer Science 2024-04-30 Poupak Azad , Cuneyt Gurcan Akcora , Arijit Khan

We propose the application of a high-speed maximum likelihood clustering algorithm to detect temporal financial market states, using correlation matrices estimated from intraday market microstructure features. We first determine the ex-ante…

Trading and Market Microstructure · Quantitative Finance 2018-10-08 Dieter Hendricks , Tim Gebbie , Diane Wilcox

Traditional covert transmission (CT) approaches have been hindering CT application while blockchain technology offers new avenue. Current blockchain-based CT approaches require off-chain negotiation of critical information and often…

Cryptography and Security · Computer Science 2024-05-08 Zhenshuai Yue , Haoran Zhu , Xiaolin Chang , Jelena Mišić , Vojislav B. Mišić , Junchao Fan

In a ring-signature-based anonymous cryptocurrency, signers of a transaction are hidden among a set of potential signers, called a ring, whose size is much smaller than the number of all users. The ring-membership relations specified by the…

Cryptography and Security · Computer Science 2024-03-01 Christoph Egger , Russell W. F. Lai , Viktoria Ronge , Ivy K. Y. Woo , Hoover H. F. Yin

Nowadays, success of financial organizations heavily depends on their ability to process digital traces generated by their clients, e.g., transaction histories, gathered from various sources to improve user modeling pipelines. As…

Cryptocurrency has been subject to illicit activities probably more often than traditional financial assets due to the pseudo-anonymous nature of its transacting entities. An ideal detection model is expected to achieve all three critical…

Machine Learning · Computer Science 2023-09-28 Ling Cheng , Feida Zhu , Yong Wang , Ruicheng Liang , Huiwen Liu

Blockchain programs (also known as smart contracts) manage valuable assets like cryptocurrencies and tokens, and implement protocols in domains like decentralized finance (DeFi) and supply-chain management. These types of applications…

Cryptography and Security · Computer Science 2023-11-09 Monika di Angelo , Thomas Durieux , João F. Ferreira , Gernot Salzer

The detection of malicious accounts on Ethereum - the preeminent DeFi platform - is critical for protecting digital assets and maintaining trust in decentralized finance. Recent advances highlight that temporal transaction evolution reveals…

Computational Engineering, Finance, and Science · Computer Science 2025-06-26 Ye Tian , Liangliang Song , Peng Qian , Yanbin Wang , Jianguo Sun , Yifan Jia

Cryptocurrencies are rapidly expanding and becoming vital in digital financial markets. However, the rise in cryptocurrency-related illicit activities has led to significant losses for users. To protect the security of these platforms, it…

Machine Learning · Computer Science 2024-07-19 Zhihao Ding , Jieming Shi , Qing Li , Jiannong Cao

We propose BlockScan, a customized Transformer for anomaly detection in blockchain transactions. Unlike existing methods that rely on rule-based systems or directly apply off-the-shelf large language models (LLMs), BlockScan introduces a…

Cryptography and Security · Computer Science 2025-10-22 Jiahao Yu , Xian Wu , Hao Liu , Wenbo Guo , Xinyu Xing

Today, permissioned blockchains are being adopted by large organizations for business critical operations. Consequently, they are subject to attacks by malicious actors. Researchers have discovered and enumerated a number of attacks that…

Cryptography and Security · Computer Science 2021-03-29 Benedikt Putz , Fabian Böhm , Günther Pernul

Cryptocurrency is a fast-moving space, with a continuous influx of new projects every year. However, an increasing number of incidents in the space, such as hacks and security breaches, threaten the growth of the community and the…

Computational Engineering, Finance, and Science · Computer Science 2024-03-12 Inwon Kang , Maruf Ahmed Mridul , Abraham Sanders , Yao Ma , Thilanka Munasinghe , Aparna Gupta , Oshani Seneviratne

Following the birth of Bitcoin and the introduction of the Ethereum ERC20 protocol a decade ago, recent years have witnessed a growing number of cryptographic tokens that are being introduced by researchers, private sector companies and…

Physics and Society · Physics 2020-04-20 Shahar Somin , Goren Gordon , Alex Pentland , Erez Shmueli , Yaniv Altshuler