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Related papers: Abnormal Trading Detection in the NFT Market

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We introduce systematic tests exploiting robust statistical and behavioral patterns in trading to detect fake transactions on 29 cryptocurrency exchanges. Regulated exchanges feature patterns consistently observed in financial markets and…

General Economics · Economics 2021-08-26 Lin William Cong , Xi Li , Ke Tang , Yang Yang

The rapid expansion of the non-fungible token (NFT) market has catalyzed new opportunities for artists, collectors, and investors, yet it has also unveiled critical challenges related to the storage and distribution of associated metadata.…

Cryptography and Security · Computer Science 2024-08-27 Hamza Salem , Manuel Mazzara

The non-fungible token (NFT) is an emergent type of cryptocurrency that has garnered extensive attention since its inception. The uniqueness, indivisibility and humanistic value of NFTs are the key characteristics that distinguish them from…

Computers and Society · Computer Science 2023-01-10 Yixiang Tan , Zhiying Wu , Jieli Liu , Jiajing Wu , Zibin Zheng , Ting Chen

Non-fungible tokens (NFTs) are unique digital items with blockchain managed ownership. Ethereum blockchain based smart contract created the environment for NFTs (ERC721) to reach its one of the most important future application domains. Non…

Social and Information Networks · Computer Science 2022-11-29 Prakhyat Khati

Non-fungible tokens (NFTs) serve as a representative form of digital asset ownership and have attracted numerous investors, creators, and tech enthusiasts in recent years. However, related fraud activities, especially phishing scams, have…

Cryptography and Security · Computer Science 2025-12-02 Wenkai Li , Zongwei Li , Xiaoqi Li , Chunyi Zhang , Xiaoyan Zhang , Yuqing Zhang

The rapid growth in popularity and hype surrounding digital assets such as art, video, and music in the form of non-fungible tokens (NFTs) has made them a lucrative investment opportunity, with NFT-based sales surpassing $25B in 2021 alone.…

Cryptography and Security · Computer Science 2023-09-12 Sayak Saha Roy , Dipanjan Das , Priyanka Bose , Christopher Kruegel , Giovanni Vigna , Shirin Nilizadeh

Non-fungible tokens (NFT) have recently emerged as a novel blockchain hosted financial asset class that has attracted major transaction volumes. Investment decisions rely on data and adequate preprocessing and application of analytics to…

Statistical Finance · Quantitative Finance 2023-02-23 Jason B. Cho , Sven Serneels , David S. Matteson

The explosive growth of non-fungible tokens (NFTs) on Web3 has created a new frontier for digital art and collectibles, but also an emerging space for fraudulent activities. This study provides an in-depth analysis of NFT rug pulls, which…

Cryptography and Security · Computer Science 2023-04-18 Trishie Sharma , Rachit Agarwal , Sandeep Kumar Shukla

With the popularity of Non-Fungible Tokens (NFTs), NFTs have become a new target of phishing attacks, posing a significant threat to the NFT trading ecosystem. There has been growing anecdotal evidence that new means of NFT phishing attacks…

Cryptography and Security · Computer Science 2024-03-29 Jingjing Yang , Jieli Liu , Jiajing Wu

In the evolving landscape of digital art, Non-Fungible Tokens (NFTs) have emerged as a groundbreaking platform, bridging the realms of art and technology. NFTs serve as the foundational framework that has revolutionized the market for…

Computational Engineering, Finance, and Science · Computer Science 2023-10-04 Vivian Ziemke , Benjamin Estermann , Roger Wattenhofer , Ye Wang

Non Fungible Tokens (NFTs) have gained a solid foothold within the crypto community, and substantial amounts of money have been allocated to their trades. In this paper, we studied one of the most prominent marketplaces dedicated to NFT…

Social and Information Networks · Computer Science 2021-09-28 MohammadAmin Fazli , Ali Owfi , Mohammad Reza Taesiri

By investigating nonfungible tokens (NFTs), we provide the first systematic study of retail investor behavior through asset bubbles. Given that NFTs are recorded in public blockchains, we are able to track investor behavior over time,…

Pricing of Securities · Quantitative Finance 2023-03-13 Andrea Barbon , Angelo Ranaldo

This paper examines the effects of inherent risks in the emerging technology of non-fungible tokens and proposes an actionable set of solutions for stakeholders in this ecosystem and observers. Web3 and NFTs are a fast-growing 300 billion…

Computers and Society · Computer Science 2024-09-02 Yash Gupta , Jayanth Kumar , Andrew Reifers

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

Non-Fungible Tokens (NFTs) are crypto assets with a unique digital identifier for ownership, powered by blockchain technology. Technically speaking, anything digital could be minted and sold as an NFT, which provides proof of ownership and…

Statistical Finance · Quantitative Finance 2022-10-28 Lanqing Du , Michelle Kim , Jinwook Lee

With the rise of "Metaverse" and "Web 3.0", Non-Fungible Token (NFT) has emerged as a kind of pivotal digital asset, garnering significant attention. By the end of March 2024, more than 1.7 billion NFTs have been minted across various…

Information Retrieval · Computer Science 2024-10-18 Shuxun Wang , Yunfei Lei , Ziqi Zhang , Wei Liu , Haowei Liu , Li Yang , Wenjuan Li , Bing Li , Weiming Hu

An explosion of interest in Non-Fungible Tokens (NFTs) has led to the emergence of vibrant online marketplaces that enable users to buy, sell and create digital assets. Largely considered contractual representations of digital artworks,…

Information Retrieval · Computer Science 2022-09-30 Sarah Barrington

NFT or Non-Fungible Token is a token that certifies a digital asset to be unique. A wide range of assets including, digital art, music, tweets, memes, are being sold as NFTs. NFT-related content has been widely shared on social media sites…

Social and Information Networks · Computer Science 2022-04-22 Arnav Kapoor , Dipanwita Guhathakurta , Mehul Mathur , Rupanshu Yadav , Manish Gupta , Ponnurangam Kumaraguru

Non-Fungible Tokens (NFTs) are a new development in blockchain technology. News around NFTs is surrounded by skepticism because unrealistically high prices are being paid online for these NFTs which are in the form of apparently simple…

Networking and Internet Architecture · Computer Science 2022-08-10 Najam A. Anjum , Mubashir Husain Rehmani

Non-fungible tokens (NFTs) are decentralized digital tokens to represent the unique ownership of items. Recently, NFTs have been gaining popularity and at the same time bringing up issues, such as scams, racism, and sexism.…

Computers and Society · Computer Science 2025-08-11 Yunpeng Xiao , Bufan Deng , Siqi Chen , Kyrie Zhixuan Zhou , Ray LC , Luyao Zhang , Xin Tong