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Non-fungible tokens (NFTs) as a decentralized proof of ownership represent one of the main reasons why Ethereum is a disruptive technology. This paper presents the first systematic study of the interactions occurring in a number of NFT…

Social and Information Networks · Computer Science 2021-10-26 S. Casale-Brunet , P. Ribeca , P. Doyle , M. Mattavelli

Due to the widespread use of smart contracts, Ethereum has become the second-largest blockchain platform after Bitcoin. Many different types of Ethereum accounts (ICO, Mining, Gambling, etc.) also have quite active trading activities on…

Cryptography and Security · Computer Science 2022-11-16 Baoying Huang , Jieli Liu , Jiajing Wu , Quanzhong Li , Hao Lin

Decentralized finance (DeFi) in Ethereum is a financial ecosystem built on the blockchain that has locked over 200 billion USD until April 2022. All transaction information is transparent and open when transacting through the DeFi protocol,…

Cryptography and Security · Computer Science 2022-05-20 Wenkai Li , Jiuyang Bu , Xiaoqi Li , Xianyi Chen

The Ethereum blockchain plays a central role in the broader cryptocurrency ecosystem, enabling a wide range of financial activity through the use of smart contracts. This paper investigates how individual Ethereum wallets responded to the…

Applications · Statistics 2025-07-14 Benjamin Gillen , Rashmi Ranjan Bhuyan , Gourab Mukherjee , Austin Pollok

This paper investigates the cryptocurrency network of the FTX exchange during the collapse of its native token, FTT, to understand how network structures adapt to significant financial disruptions, by exploiting vertex centrality measures.…

Trading and Market Microstructure · Quantitative Finance 2025-05-20 Riccardo De Blasis , Luca Galati , Rosanna Grassi , Giorgio Rizzini

Blockchain technology, which has been known by mostly small technological circles up until recently, is bursting throughout the globe, with a potential economic and social impact that could fundamentally alter traditional financial and…

Social and Information Networks · Computer Science 2018-05-31 Shahar Somin , Goren Gordon , Yaniv Altshuler

Utilizing graph analytics and learning has proven to be an effective method for exploring aspects of crypto economics such as network effects, decentralization, tokenomics, and fraud detection. However, the majority of existing research…

Computational Engineering, Finance, and Science · Computer Science 2024-03-12 Bingqiao Luo

In this paper, we analyze the Ethereum blockchain using the complex networks modeling framework. Accounts acting on the blockchain are represented as nodes, while the interactions among these accounts, recorded on the blockchain, are…

Cryptography and Security · Computer Science 2019-09-02 Stefano Ferretti , Gabriele D'Angelo

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

We present a measurement study on compositions of Decentralized Finance protocols, which aim to disrupt traditional finance and offer services on top of distributed ledgers, such as Ethereum. DeFi compositions may impact the development of…

Cryptography and Security · Computer Science 2022-10-03 Stefan Kitzler , Friedhelm Victor , Pietro Saggese , Bernhard Haslhofer

As the largest public blockchain-based platform supporting smart contracts, Ethereum has accumulated a large number of user transaction records since its debut in 2014. Analysis of Ethereum transaction records, however, is still relatively…

Social and Information Networks · Computer Science 2021-01-01 Dan Lin , Jiajing Wu , Qi Yuan , Zibin Zheng

In the dynamic landscape of the Web, we are witnessing the emergence of the Web3 paradigm, which dictates that platforms should rely on blockchain technology and cryptocurrencies to sustain themselves and their profitability.…

Social and Information Networks · Computer Science 2025-03-20 Cheick Tidiane Ba , Richard G. Clegg , Ben A. Steer , Matteo Zignani

The number of users approaching the world of cryptocurrencies exploded in the last years, and consequently the daily interactions on their underlying distributed ledgers have intensified. In this paper, we analyze the flow of these digital…

Networking and Internet Architecture · Computer Science 2021-10-29 Luca Serena , Stefano Ferretti , Gabriele D'Angelo

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

Decentralized Finance (DeFi) is increasingly studied and adopted for its potential to provide accessible and transparent financial services. Analyzing how investors use DeFi is important for reaching a better understanding of their usage…

Social and Information Networks · Computer Science 2024-08-23 Natkamon Tovanich , Célestin Coquidé , Rémy Cazabet

Recently, graph embedding techniques have been widely used in the analysis of various networks, but most of the existing embedding methods omit the network dynamics and the multiplicity of edges, so it is difficult to accurately describe…

Social and Information Networks · Computer Science 2021-01-07 Jiajing Wu , Dan Lin , Zibin Zheng , Qi Yuan

One of the main events that involve the world economy in 2022 is the conflict between Russia and Ukraine. This event offers a rare opportunity to analyze how events of this magnitude can reflect the use of cryptocurrencies. This work aims…

Social and Information Networks · Computer Science 2022-06-24 Pedro Henrique F. S. Oliveira , Daniel Muller Rezende , Heder Soares Bernardino , Saulo Moraes Villela , Alex Borges Vieira

The scaled Web 3.0 digital economy, represented by decentralized finance (DeFi), has sparked increasing interest in the past few years, which usually relies on blockchain for token transfer and diverse transaction logic. However, illegal…

Social and Information Networks · Computer Science 2025-01-15 Shuyi Miao , Wangjie Qiu , Hongwei Zheng , Qinnan Zhang , Xiaofan Tu , Xunan Liu , Yang Liu , Jin Dong , Zhiming Zheng

As of August 2022, blockchain-based assets boast a combined market capitalisation exceeding one trillion USD, among which the most prominent are the decentralised autonomous organisation (DAO) tokens associated with decentralised finance…

General Economics · Economics 2025-05-08 Teng Andrea Xu , Jiahua Xu , Kristof Lommers

Cross-chain bridges are a type of middleware for blockchain interoperability that supports the transfer of assets and data across blockchains. However, several of these bridges have vulnerabilities that have caused 3.2 billion dollars in…

Cryptography and Security · Computer Science 2025-09-09 André Augusto , Rafael Belchior , Jonas Pfannschmidt , André Vasconcelos , Miguel Correia
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