Related papers: SolRugDetector: Investigating Rug Pulls on Solana
Current methods to prevent crypto asset fraud are based on the analysis of transaction graphs within blockchain networks. While effective for identifying transaction patterns indicative of fraud, it does not capture the semantics of…
Blockchain technology has been successfully exploited for deploying new economic applications. However, it has started arousing the interest of malicious actors who deliver scams to deceive honest users and to gain economic advantages.…
Cryptocurrencies and Web3 applications based on blockchain technology have flourished in the blockchain research field. Unlike Bitcoin and Ethereum, due to its unique architectural designs in consensus mechanisms, resource management, and…
Applications of blockchain technologies got a lot of attention in recent years. They exceed beyond exchanging value and being a substitute for fiat money and traditional banking system. Nevertheless, being able to exchange value on a…
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 $949 billion.…
Fraud across the decentralized finance (DeFi) ecosystem is growing, with victims losing billions to DeFi scams every year. However, there is a disconnect between the reported value of these scams and associated legal prosecutions. We use…
NFT rug pull is one of the most prominent type of scam that the developers of a project abandon it and then run away with investors' funds. Although they have drawn attention from our community, to the best of our knowledge, the NFT rug…
This paper analyzes the emerging memecoin phenomenon on the Solana blockchain, focusing on the Pump$.$fun platform during Q4 2024. Using on-chain data, it is explored how retail-focused token creation platforms are reshaping blockchain…
The Ponzi scheme, an old-fashioned fraud, is now popular on the Ethereum blockchain, causing considerable financial losses to many crypto investors. A few Ponzi detection methods have been proposed in the literature, most of which detect a…
Ethereum Smart Contracts based on Blockchain Technology (BT) enables monetary transactions among peers on a blockchain network independent of a central authorizing agency. Ethereum Smart Contracts are programs that are deployed as…
The rapid adoption of blockchain technology highlighted the importance of ensuring the security of smart contracts due to their critical role in automated business logic execution on blockchain platforms. This paper provides an empirical…
Rugsafe introduces a comprehensive protocol aimed at mitigating the risks of rug pulls in the cryptocurrency ecosystem. By utilizing cryptographic security measures and economic incentives, the protocol provides a secure multichain system…
Blockchain, as a distributed ledger technology, becomes increasingly popular, especially for enabling valuable cryptocurrencies and smart contracts. However, the blockchain software systems inevitably have many bugs. Although bugs in smart…
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…
Financial fraud cases are on the rise even with the current technological advancements. Due to the lack of inter-organization synergy and because of privacy concerns, authentic financial transaction data is rarely available. On the other…
We investigate in this work a recently emerged type of scam ERC-20 token called Trapdoor, which has cost investors billions of US dollars on Uniswap, the largest decentralised exchange on Ethereum, from 2020 to 2023. In essence, Trapdoor…
Smart contracts are programs deployed on a blockchain and are immutable once deployed. Reentrancy, one of the most important vulnerabilities in smart contracts, has caused millions of dollars in financial loss. Many reentrancy detection…
Ponzi schemes, a form of scam, have been discovered in Ethereum smart contracts in recent years, causing massive financial losses. Existing detection methods primarily focus on rule-based approaches and machine learning techniques that…
With the rapid growth of blockchain, an increasing number of users have been attracted and many implementations have been refreshed in different fields. Especially in the cryptocurrency investment field, blockchain technology has shown…
We propose and compare two approaches to identify smart contracts as token systems by analyzing their public bytecode. The first approach symbolically executes the code in order to detect token systems by their characteristic behavior of…