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The first six months of 2018 saw cryptocurrency thefts of $761 million, and the technology is also the latest and greatest tool for money laundering. This increase in crime has caused both researchers and law enforcement to look for ways to…

Computers and Society · Computer Science 2020-03-16 Mansoor Ahmed-Rengers , Ilia Shumailov , Ross Anderson

In shaping the Internet of Money, the application of blockchain and distributed ledger technologies (DLTs) to the financial sector triggered regulatory concerns. Notably, while the user anonymity enabled in this field may safeguard privacy…

Cryptography and Security · Computer Science 2023-03-21 Nadia Pocher , Mirko Zichichi , Fabio Merizzi , Muhammad Zohaib Shafiq , Stefano Ferretti

Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional…

Cryptography and Security · Computer Science 2020-05-08 Hangyu Tian , Kaiping Xue , Shaohua Li , Jie Xu , Jianqing Liu , Jun Zhao

Blockchain also known as a distributed ledger technology stores different transactions/operations in a chain of blocks in a distributed manner without needing a trusted third-party. Blockchain is proven to be immutable which helps for…

Cryptography and Security · Computer Science 2019-04-30 Danda B. Rawat , Vijay Chaudhary , Ronald Doku

Bitcoin is a decentralized, pseudonymous cryptocurrency that is one of the most used digital assets to date. Its unregulated nature and inherent anonymity of users have led to a dramatic increase in its use for illicit activities. This…

Cryptography and Security · Computer Science 2019-10-16 Francesco Zola , Maria Eguimendia , Jan Lukas Bruse , Raul Orduna Urrutia

Bitcoins have recently become an increasingly popular cryptocurrency through which users trade electronically and more anonymously than via traditional electronic transfers. Bitcoin's design keeps all transactions in a public ledger. The…

Cryptography and Security · Computer Science 2015-02-06 Michael Fleder , Michael S. Kester , Sudeep Pillai

We organize existing empirical regularities of cryptocurrencies into seven stylized facts and analyze cryptocurrencies through the lens of empirical asset pricing. We find important similarities with traditional markets--risk-adjusted…

General Finance · Quantitative Finance 2026-03-24 Nicola Borri , Yukun Liu , Aleh Tsyvinski , Xi Wu

Money laundering is not only about moving illicit funds, but about hiding the money's origin and traces to complicate detection. Financial criminals resort to many methods to avoid regulators and legal thresholds. But analysts investigating…

Human-Computer Interaction · Computer Science 2026-05-12 Salomé Esteves , Rita Costa , Louise Fallon , Pedro Bizarro

The price volatility of cryptocurrencies is often cited as a major hindrance to their wide-scale adoption. Consequently, during the last two years, multiple so called stablecoins have surfaced---cryptocurrencies focused on maintaining…

As an innovative technology for enhancing authenticity, security, and risk management, blockchain is being widely adopted in trade and finance systems. The unique capabilities of blockchain, such as immutability and transparency, enable new…

Cryptography and Security · Computer Science 2024-02-28 Hanjie Wu , Qian Yao , Zhenguang Liu , Butian Huang , Yuan Zhuang , Huayun Tang , Erwu Liu

Blockchain technologies have overturned the digital finance industry by introducing a decentralized pseudonymous means of monetary transfer. The pseudonymous nature introduced privacy concerns, enabling various deanonymization techniques,…

Cryptography and Security · Computer Science 2025-04-30 Juraj Mariani , Ivan Homoliak

Money laundering is the process that intends to legalize the income derived from illicit activities, thus facilitating their entry into the monetary flow of the economy without jeopardizing their source. It is crucial to identify such…

Social and Information Networks · Computer Science 2025-07-10 Zhihua Tian , Yuan Ding , Wenjie Qu , Xiang Yu , Enchao Gong , Jian Liu , Kui Ren

This article surveys blockchain-based approaches for several security services. These services include authentication, confidentiality, privacy, and access control list (ACL), data and resource provenance, and integrity assurance. All these…

Cryptography and Security · Computer Science 2018-10-23 Tara Salman , Maede Zolanvari , Aiman Erbad , Raj Jain , Mohammed Samaka

Quantum money represents an innovative approach to currency by encoding economic value within the quantum states of physical systems, utilizing the principles of quantum mechanics to enhance security, integrity, and transferability. This…

Quantum Physics · Physics 2025-07-15 Artur Czerwinski

Hacks are one of the most damaging types of cryptocurrency related crime, accounting for billions of dollars in stolen funds since 2009. Professional investigators at Chainalysis have traced these stolen funds from the initial breach on an…

Physics and Society · Physics 2019-10-30 Daniel Goldsmith , Kim Grauer , Yonah Shmalo

Cybercriminals have been exploiting cryptocurrencies to commit various unique financial frauds. Covert cryptomining - which is defined as an unauthorized harnessing of victims' computational resources to mine cryptocurrencies - is one of…

Cryptography and Security · Computer Science 2020-12-16 Ankit Gangwal , Samuele Giuliano Piazzetta , Gianluca Lain , Mauro Conti

Blockchain technology is the first successful Bitcoin Network. It enables the ledger to become more decentralized and secure. Since it is not limited to bitcoin and controlled by third parties by government, corporations or banks, the…

Image and Video Processing · Electrical Eng. & Systems 2020-04-17 Jala Quluzada , Sabnam Maharramli

Blockchain is a decentralized ledger used to securely exchange digital currency, perform deals and transactions efficient manner, each user of the network has access to the least copy of the encrypted ledger so that they can validate a new…

Cryptography and Security · Computer Science 2022-01-03 Bosubabu Sambana

Cryptocurrencies are distributed systems that allow exchanges of native (and non-) tokens among participants. The complete historical bookkeeping and its wide availability opens up an unprecedented possibility, i.e. that of understanding…

Physics and Society · Physics 2020-12-02 Nicolò Vallarano , Claudio Tessone , Tiziano Squartini

Since its inception, the blockchain technology has shown promising application prospects. From the initial cryptocurrency to the current smart contract, blockchain has been applied to many fields. Although there are some studies on the…

Cryptography and Security · Computer Science 2020-11-05 Xiaoqi Li , Peng Jiang , Ting Chen , Xiapu Luo , Qiaoyan Wen
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