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The emergence of metaverse brings tremendous evolution to Non-Fungible Tokens (NFTs), which could certify the ownership the unique digital asset in the cyber world. The NFT market has garnered unprecedented attention from investors and…

Cryptography and Security · Computer Science 2022-08-11 Zheng Cao , Yi Zhen , Gang Fan , Sheng Gao

Cryptoassets such as cryptocurrencies and tokens are increasingly traded on decentralized exchanges. The advantage for users is that the funds are not in custody of a centralized external entity. However, these exchanges are prone to…

Cryptography and Security · Computer Science 2021-02-16 Friedhelm Victor , Andrea Marie Weintraud

Decentralized exchanges (DEXes) have evolved dramatically since the introduction of Automated Market Makers (AMMs). In recent years, solver-based protocols have emerged as an alternative venue aiming to introduce competition for routing,…

Computational Engineering, Finance, and Science · Computer Science 2025-05-08 Yuki Yuminaga , Dex Chen , Danning Sui

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

Decentralized Exchanges (DEXs), leveraging blockchain technology and smart contracts, have emerged in decentralized finance. However, the DEX project with multi-contract interaction is accompanied by complex state logic, which makes it…

Software Engineering · Computer Science 2024-05-16 Zongwei Li , Wenkai Li , Xiaoqi Li , Yuqing Zhang

Financial markets have evolved over centuries, and exchanges have converged to rely on the order book mechanism for market making. Latency on the blockchain, however, has prevented decentralized exchanges (DEXes) from utilizing the order…

Pricing of Securities · Quantitative Finance 2022-11-11 Lioba Heimbach , Eric Schertenleib , Roger Wattenhofer

This paper presents a comprehensive statistical analysis of the Web3 ecosystem, comparing various Web3 tokens with traditional financial assets across multiple time scales. We examine probability distributions, tail behaviors, and other key…

Statistical Finance · Quantitative Finance 2024-12-09 Wei-Ru Chen , A. Christian Silva , Shen-Ning Tung

Recently, Decentralized Finance (DeFi) platforms on Ethereum are booming, and numerous traders are trying to capitalize on the opportunity for maximizing their benefits by launching front-running attacks and extracting Miner Extractable…

Cryptography and Security · Computer Science 2022-08-08 Xingyu Lyu , Mengya Zhang , Xiaokuan Zhang , Jianyu Niu , Yinqian Zhang , Zhiqiang Lin

Deceiving an attacker in the network security domain is a well established approach, mainly achieved through deployment of honeypots consisting of open network ports with the sole purpose of raising an alert on a connection. With attackers…

Cryptography and Security · Computer Science 2021-04-09 Daniel Reti , David Klaaßen , Simon Duque Anton , Hans Dieter Schotten

Price manipulation attack is one of the notorious threats in decentralized finance (DeFi) applications, which allows attackers to exchange tokens at an extensively deviated price from the market. Existing efforts usually rely on reactive…

Cryptography and Security · Computer Science 2025-02-07 Bosi Zhang , Ningyu He , Xiaohui Hu , Kai Ma , Haoyu Wang

Deception technology has proven to be a sound approach against threats to information systems. Aside from well-established honeypots, decoy elements, also known as honeytokens, are an excellent method to address various types of threats.…

Cryptography and Security · Computer Science 2021-04-09 Daniel Reti , Daniel Fraunholz , Janis Zemitis , Daniel Schneider , Hans Dieter Schotten

Decentralized finance (DeFi) protocols are crypto projects developed on the blockchain to manage digital assets. Attacks on DeFi have been frequent and have resulted in losses exceeding \$77 billion. However, detection methods for malicious…

Cryptography and Security · Computer Science 2024-05-21 Wenkai Li , Xiaoqi Li , Yuqing Zhang , Zongwei Li

Multifractality is a concept that helps compactly grasping the most essential features of the financial dynamics. In its fully developed form, this concept applies to essentially all mature financial markets and even to more liquid…

Statistical Finance · Quantitative Finance 2024-11-15 Marcin Wątorek , Marcin Królczyk , Jarosław Kwapień , Tomasz Stanisz , Stanisław Drożdż

Opening up data produced by the Internet of Things (IoT) and mobile devices for public utilization can maximize their economic value. Challenges remain in the trustworthiness of the data sources and the security of the trading process,…

Cryptography and Security · Computer Science 2025-11-25 Yue Li , Ifteher Alom , Wenhai Sun , Yang Xiao

The properties of tokens within the Ethereum blockchain, such as their current prices, trade volumes, and potential future values, have been the subjects of numerous studies. Employing social networks and graphs, as powerful tools for…

Social and Information Networks · Computer Science 2023-10-24 Aryan Soltani Mohammadi , Moein Karami , Amir Pasha Motamed , Behnam Bahrak

With the advancement of AI generative techniques, Deepfake faces have become incredibly realistic and nearly indistinguishable to the human eye. To counter this, Deepfake detectors have been developed as reliable tools for assessing face…

Cryptography and Security · Computer Science 2025-05-14 Shuaiwei Yuan , Junyu Dong , Yuezun Li

Blockchain systems are increasingly targeted by on-chain attacks that exploit contract vulnerabilities to extract value rapidly and stealthily, making systematic analysis and reproduction highly challenging. In practice, reproducing such…

Cryptography and Security · Computer Science 2026-01-26 Xing Su , Hao Wu , Hanzhong Liang , Yunlin Jiang , Yuxi Cheng , Yating Liu , Fengyuan Xu

Attacks by Advanced Persistent Threats (APTs) have been shown to be difficult to detect using traditional signature- and anomaly-based intrusion detection approaches. Deception techniques such as decoy objects, often called honey items, may…

Cryptography and Security · Computer Science 2020-07-28 Joel Chacon , Sean McKeown , Richard Macfarlane

We performed the first systematic study of a new attack on Ethereum that steals cryptocurrencies. The attack is due to the unprotected JSON-RPC endpoints existed in Ethereum nodes that could be exploited by attackers to transfer the Ether…

Cryptography and Security · Computer Science 2019-07-31 Zhen Cheng , Xinrui Hou , Runhuai Li , Yajin Zhou , Xiapu Luo , Jinku Li , Kui Ren

Honeypots play a crucial role in implementing various cyber deception techniques as they possess the capability to divert attackers away from valuable assets. Careful strategic placement of honeypots in networks should consider not only…

Computer Science and Game Theory · Computer Science 2023-09-20 Md Abu Sayed , Ahmed H. Anwar , Christopher Kiekintveld , Charles Kamhoua