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Algorithmic trading is well studied in traditional financial markets. However, it has received less attention in centralized cryptocurrency exchanges. The Commodity Futures Trading Commission (CFTC) attributed the $2010$ flash crash, one of…

Trading and Market Microstructure · Quantitative Finance 2020-02-28 Paz Grimberg , Tobias Lauinger , Damon McCoy

The rapid growth of decentralized finance (DeFi) has led to the widespread use of automated agents, or bots, within blockchain ecosystems like Ethereum, Binance Smart Chain, and Solana. While these bots enhance market efficiency and…

Cryptography and Security · Computer Science 2025-01-22 Ahmed Mounsf Rafik Bendada , Abdelaziz Amara Korba , Mouhamed Amine Bouchiha , Yacine Ghamri-Doudane

This thesis presents techniques to investigate transactions in uncharted cryptocurrencies and services. Cryptocurrencies are used to securely send payments online. Payments via the first cryptocurrency, Bitcoin, use pseudonymous addresses…

Cryptography and Security · Computer Science 2022-03-29 Haaroon Yousaf

In recent years, Decentralized Finance (DeFi) grows rapidly due to the development of blockchain technology and smart contracts. As of March 2023, the estimated global cryptocurrency market cap has reached approximately $949 billion.…

Software Engineering · Computer Science 2024-03-05 Zewei Lin , Jiachi Chen , Zibin Zheng , Jiajing Wu , Weizhe Zhang , Yongjuan Wang

This student paper introduces a novel methodology for the detection and analysis of multihop cross-chain arbitrage opportunities, wherein multihop denotes arbitrage sequences involving more than two transactional steps across distinct…

Other Computer Science · Computer Science 2026-01-08 Davide Mancino , Hasret Ozan Sevim , Oriol Saguillo Gonzalez

Reentrancy, a notorious vulnerability in smart contracts, has led to millions of dollars in financial loss. However, current smart contract vulnerability detection tools suffer from a high false positive rate in identifying contracts with…

Cryptography and Security · Computer Science 2024-03-29 Shuo Yang , Jiachi Chen , Mingyuan Huang , Zibin Zheng , Yuan Huang

Decentralized cryptocurrencies feature the use of blockchain to transfer values among peers on networks without central agency. Smart contracts are programs running on top of the blockchain consensus protocol to enable people make…

Software Engineering · Computer Science 2018-08-06 Bo Jiang , Ye Liu , W. K. Chan

Smart Contracts (SCs) publicly deployed on blockchain have been shown to include multiple vulnerabilities, which can be maliciously exploited by users. In this paper, we present extorsionware, a novel attack exploiting the public nature of…

Cryptography and Security · Computer Science 2022-04-11 Alessandro Brighente , Mauro Conti , Sathish Kumar

The production of counterfeit money has a long history. It refers to the creation of imitation currency that is produced without the legal sanction of government. With the growth of the cryptocurrency ecosystem, there is expanding evidence…

Cryptography and Security · Computer Science 2020-11-06 Bingyu Gao , Haoyu Wang , Pengcheng Xia , Siwei Wu , Yajin Zhou , Xiapu Luo , Graeth Tyson

In recent years, Ethereum gained tremendously in popularity, growing from a daily transaction average of 10K in January 2016 to an average of 500K in January 2020. Similarly, smart contracts began to carry more value, making them appealing…

Cryptography and Security · Computer Science 2021-01-18 Christof Ferreira Torres , Antonio Ken Iannillo , Arthur Gervais , Radu State

In online auctions, fraudulent behaviors such as shill bidding pose significant risks. This paper presents a conceptual framework that applies dynamic, behavior-based penalties to deter auction fraud using blockchain smart contracts. Unlike…

Computer Science and Game Theory · Computer Science 2026-04-16 M. A. Bouaicha , G. Destefanis , T. Montanaro , N. Lasla , L. Patrono

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

Cross-Chain bridges have become the most popular solution to support asset interoperability between heterogeneous blockchains. However, while providing efficient and flexible cross-chain asset transfer, the complex workflow involving both…

Software Engineering · Computer Science 2022-08-16 Jiashuo Zhang , Jianbo Gao , Yue Li , Ziming Chen , Zhi Guan , Zhong Chen

This study presents a review of research on social media bot detection. Social media bots are used by political and criminal actors for mass distribution of political messages, as well as rumors, conspiracy theories, and other forms of…

Social and Information Networks · Computer Science 2025-04-01 Blaž Rodič

With the introduction of memory-bound cryptocurrencies, such as Monero, the implementation of mining code in browser-based JavaScript has become a worthwhile alternative to dedicated mining rigs. Based on this technology, a new form of…

Cryptography and Security · Computer Science 2018-08-30 Marius Musch , Christian Wressnegger , Martin Johns , Konrad Rieck

Pyramid schemes are investment scams in which top-level participants in a hierarchical network recruit and profit from an expanding base of defrauded newer participants. Pyramid schemes have existed for over a century, but there have been…

Cryptography and Security · Computer Science 2021-08-26 Tyler Kell , Haaroon Yousaf , Sarah Allen , Sarah Meiklejohn , Ari Juels

The prevalence of maximal extractable value (MEV) in the Ethereum ecosystem has led to a characterization of the latter as a dark forest. Studies of MEV have thus far largely been restricted to purely on-chain MEV, i.e., sandwich attacks,…

Computational Engineering, Finance, and Science · Computer Science 2024-04-09 Lioba Heimbach , Vabuk Pahari , Eric Schertenleib

Recent years have witnessed explosive growth in blockchain smart contract applications. As smart contracts become increasingly popular and carry trillion dollars worth of digital assets, they become more of an appealing target for…

Software Engineering · Computer Science 2023-04-26 Peng Qian , Jianting He , Lingling Lu , Siwei Wu , Zhipeng Lu , Lei Wu , Yajin Zhou , Qinming He

Cyclic arbitrage chances exist abundantly among decentralized exchanges (DEXs), like Uniswap V2. For an arbitrage cycle (loop), researchers or practitioners usually choose a specific token, such as Ether as input, and optimize their input…

Computational Finance · Quantitative Finance 2024-06-25 Yu Zhang , Zichen Li , Tao Yan , Qianyu Liu , Nicolo Vallarano , Claudio Tessone

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