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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

Currently cryptocurrencies and Decentralized Finance (DeFi), which enable financial services on public blockchains, represents a new growing trend in finance. In contrast to financial markets, ruled by traditional corporations, DeFi is…

Social and Information Networks · Computer Science 2024-01-04 Mar Grande , Florentino Borondo , Javier Borondo

With the rapid development of blockchain technology in recent years, all kinds of blockchain-based applications have emerged. Among them, the decentralized finance (DeFi) is one of the most successful applications, which is regarded as the…

Cryptography and Security · Computer Science 2022-01-10 Yinjie Zhao , Xin Kang , Tieyan Li , Cheng-Kang Chu , Haiguang Wang

Phishing attacks in Web3 ecosystems are increasingly sophisticated, exploiting deceptive contract logic, malicious frontend scripts, and token approval patterns. We present DeepTx, a real-time transaction analysis system that detects such…

Cryptography and Security · Computer Science 2025-10-27 Yixuan Liu , Xinlei Li , Yi Li

Systemic risk refers to the overall vulnerability arising from the high degree of interconnectedness and interdependence within the financial system. In the rapidly developing decentralized finance (DeFi) ecosystem, numerous studies have…

Risk Management · Quantitative Finance 2026-01-14 Shiyu Zhang , Zining Wang , Jin Zheng , John Cartlidge

With the growth of digital financial systems, robust security and privacy have become a concern for financial institutions. Even though traditional machine learning models have shown to be effective in fraud detections, they often…

Cryptography and Security · Computer Science 2025-10-20 Cade Houston Kennedy , Amr Hilal , Morteza Momeni

This paper investigates the evolving landscape of decentralized finance (DeFi) by examining its foundational concepts, research trends, and ecosystem. A bibliometric analysis was conducted to identify thematic clusters and track the…

Computational Engineering, Finance, and Science · Computer Science 2024-12-03 Carlos J. Costa

In recent years, smart contracts have suffered major exploits, costing millions of dollars. Unlike traditional programs, smart contracts are deployed on a blockchain. As such, they cannot be modified once deployed. Though various tools have…

Cryptography and Security · Computer Science 2020-03-16 Christof Ferreira Torres , Mathis Baden , Robert Norvill , Beltran Borja Fiz Pontiveros , Hugo Jonker , Sjouke Mauw

INTRODUCTION: The proliferation of the amalgamation of IoT and edge computing has increased the demand for decentralised trust and security mechanisms capable of operating across heterogeneous and resource-limited devices. Approaches such…

Cryptography and Security · Computer Science 2026-04-21 Khandoker Ashik Uz Zaman , Mahdi H. Miraz , Mohammed N. M. Ali

The rapid growth and adoption of decentralized finance (DeFi) systems have been accompanied by various threats, notably those emerging from vulnerabilities in their intricate design. In our work, we introduce and define an attack strategy…

Cryptography and Security · Computer Science 2023-10-03 Weilin Li , Zhun Wang , Chenyu Li , Heying Chen , Taiyu Wong , Pengyu Sun , Yufei Yu , Chao Zhang

Federated Learning (FL) is a machine learning technique that addresses the privacy challenges in terms of access rights of local datasets by enabling the training of a model across nodes holding their data samples locally. To achieve…

Cryptography and Security · Computer Science 2022-10-07 Ranwa Al Mallah , David Lopez

Decentralized Finance (DeFi) attacks have resulted in significant losses, often orchestrated through Adversarial Exploiter Contracts (AECs) that exploit vulnerabilities in victim smart contracts. To proactively identify such threats, this…

Cryptography and Security · Computer Science 2025-09-09 Xng Ai , Shudan Lin , Zecheng Li , Kai Zhou , Bixin Li , Bin Xiao

Blockchain-based decentralised lending is a rapidly growing and evolving alternative to traditional lending, but it poses new risks. To mitigate these risks, lending protocols have integrated automated risk management tools into their smart…

Risk Management · Quantitative Finance 2025-10-02 Erum Iftikhar , Wei Wei , John Cartlidge

Logical flaws in smart contracts are often exploited, leading to significant financial losses. Our tool, HighGuard, detects transactions that violate business logic specifications of smart contracts. HighGuard employs dynamic condition…

Cryptography and Security · Computer Science 2025-02-18 Mojtaba Eshghie , Wolfgang Ahrendt , Cyrille Artho , Thomas Troels Hildebrandt , Gerardo Schneider

Vertical Federated Learning (VFL) is an emerging distributed learning paradigm for cross-silo collaboration without accessing participants' data. However, existing VFL work lacks a mechanism to audit the inference correctness of the data…

Software Engineering · Computer Science 2026-02-26 Chung-ju Huang , Ziqi Zhang , Yinggui Wang , Binghui Wang , Tao Wei , Leye Wang

Federated Learning (FL) is a well-known paradigm of distributed machine learning on mobile and IoT devices, which preserves data privacy and optimizes communication efficiency. To avoid the single point of failure problem in FL,…

Cryptography and Security · Computer Science 2024-03-13 Xiaoxue Zhang , Yifan Hua , Chen Qian

In this paper, we propose a fully decentralized and smart contract-based insurance protocol. We identify various issues in the Decentralized Finance (DeFi) insurance context and propose a solution to overcome these shortcomings. We…

General Finance · Quantitative Finance 2022-12-21 Matthias Nadler , Felix Bekemeier , Fabian Schär

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

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

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