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We identify a subtle security issue that impacts the design of smart contracts, because agents may themselves deploy smart contracts (side contracts). Typically, equilibria of games are analyzed in vitro, under the assumption that players…

Computer Science and Game Theory · Computer Science 2023-05-05 Daji Landis , Nikolaj I. Schwartzbach

User transactions on Ethereum's peer-to-peer network are at risk of being attacked. The smart contracts building decentralized finance (DeFi) have introduced a new transaction ordering dependency to the Ethereum blockchain. As a result,…

Cryptography and Security · Computer Science 2022-09-23 Lioba Heimbach , Roger Wattenhofer

Smart contracts, self-executing agreements directly encoded in code, are fundamental to blockchain technology, especially in decentralized finance (DeFi) and Web3. However, the rise of Ponzi schemes in smart contracts poses significant…

Cryptography and Security · Computer Science 2024-12-19 Cong Wu , Jing Chen , Ziwei Wang , Ruichao Liang , Ruiying Du

The trustless nature of permissionless blockchains renders overcollateralization a key safety component relied upon by decentralized finance (DeFi) protocols. Nonetheless, factors such as price volatility may undermine this mechanism. In…

General Finance · Quantitative Finance 2021-12-14 Daniel Perez , Sam M. Werner , Jiahua Xu , Benjamin Livshits

The use of blockchains for automated and adversarial trading has become commonplace. However, due to the transparent nature of blockchains, an adversary is able to observe any pending, not-yet-mined transactions, along with their execution…

Cryptography and Security · Computer Science 2024-02-16 Kaihua Qin , Stefanos Chaliasos , Liyi Zhou , Benjamin Livshits , Dawn Song , Arthur Gervais

Smart contract vulnerabilities have led to billions in losses, yet finding actionable exploits remains challenging. Traditional fuzzers rely on rigid heuristics and struggle with complex attacks, while human auditors are thorough but slow…

Cryptography and Security · Computer Science 2026-01-13 Arthur Gervais , Liyi Zhou

Federated Learning (FL) is a distributed machine learning diagram that enables multiple clients to collaboratively train a global model without sharing their private local data. However, FL systems are vulnerable to attacks that are…

Machine Learning · Computer Science 2024-08-20 Qilei Li , Ahmed M. Abdelmoniem

Ethereum Smart contracts use blockchain to transfer values among peers on networks without central agency. These programs are deployed on decentralized applications running on top of the blockchain consensus protocol to enable people to…

Cryptography and Security · Computer Science 2021-05-10 Noama Fatima Samreen , Manar H. Alalfi

Decentralized Finance (DeFi) is built on a fundamentally different paradigm: rather than having to trust individuals and institutions, participants in DeFi potentially only have to trust computer code that is enforced by a decentralized…

General Economics · Economics 2022-07-14 Kanis Saengchote , Talis Putniņš , Krislert Samphantharak

Smart contracts on blockchains are prone to diverse security vulnerabilities that can lead to significant financial losses due to their immutable nature. Existing detection approaches often lack flexibility across vulnerability types and…

Cryptography and Security · Computer Science 2026-05-06 Xing Zhang , Keyu Zhang , Taohong Zhu , Anbang Ruan

Currently, smart contract vulnerabilities (SCVs) have emerged as a major factor threatening the transaction security of blockchain. Existing state-of-the-art methods rely on deep learning to mitigate this threat. They treat each input…

Cryptography and Security · Computer Science 2024-04-30 Yizhou Chen , Zeyu Sun , Zhihao Gong , Dan Hao

Owing to the meteoric rise in the usage of cryptocurrencies, there has been a widespread adaptation of traditional financial applications such as lending, borrowing, margin trading, and more, to the cryptocurrency realm. In some cases, the…

Cryptography and Security · Computer Science 2025-05-19 Emrah Sariboz , Gaurav Panwar , Roopa Vishwanathan , Satyajayant Misra

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

Fraud across the decentralized finance (DeFi) ecosystem is growing, with victims losing billions to DeFi scams every year. However, there is a disconnect between the reported value of these scams and associated legal prosecutions. We use…

Cryptography and Security · Computer Science 2023-05-29 Arianna Trozze , Toby Davies , Bennett Kleinberg

In recent years, the Decentralized Finance (DeFi) market has witnessed numerous attacks on the price oracle, leading to substantial economic losses. Despite the advent of truth discovery methods opening up new avenues for oracle…

Computer Science and Game Theory · Computer Science 2024-02-23 Youquan Xian , Peng Liu , Dongcheng Li , Xueying Zeng

Smart contracts on the blockchain offer decentralized financial services but often lack robust security measures, leading to significant economic losses. While substantial research has focused on identifying vulnerabilities in smart…

Cryptography and Security · Computer Science 2024-10-18 Youwei Huang , Sen Fang , Jianwen Li , Bin Hu , Tao Zhang

Learning to defer (L2D) aims to improve human-AI collaboration systems by learning how to defer decisions to humans when they are more likely to be correct than an ML classifier. Existing research in L2D overlooks key real-world aspects…

Modern blockchain, such as Ethereum, supports the deployment and execution of so-called smart contracts, autonomous digital programs with significant value of cryptocurrency. Executing smart contracts requires gas costs paid by users, which…

Emerging Technologies · Computer Science 2024-06-25 Majd Soud , Waltteri Nuutinen , Grischa Liebel

With the rapid evolution of Web3.0, cryptocurrency has become a cornerstone of decentralized finance. While these digital assets enable efficient and borderless financial transactions, their pseudonymous nature has also attracted malicious…

Cryptography and Security · Computer Science 2024-11-01 Zheng Che , Meng Shen , Zhehui Tan , Hanbiao Du , Liehuang Zhu , Wei Wang , Ting Chen , Qinglin Zhao , Yong Xie

Neural network policies trained using Deep Reinforcement Learning (DRL) are well-known to be susceptible to adversarial attacks. In this paper, we consider attacks manifesting as perturbations in the observation space managed by the…

Machine Learning · Computer Science 2022-06-16 Zikang Xiong , Joe Eappen , He Zhu , Suresh Jagannathan
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