ترغب بنشر مسار تعليمي؟ اضغط هنا

Characterizing Cryptocurrency Exchange Scams

91   0   0.0 ( 0 )
 نشر من قبل Pengcheng Xia
 تاريخ النشر 2020
  مجال البحث الهندسة المعلوماتية
والبحث باللغة English




اسأل ChatGPT حول البحث

As the indispensable trading platforms of the ecosystem, hundreds of cryptocurrency exchanges are emerging to facilitate the trading of digital assets. While, it also attracts the attentions of attackers. A number of scam attacks were reported targeting cryptocurrency exchanges, leading to a huge mount of financial loss. However, no previous work in our research community has systematically studied this problem. In this paper, we make the first effort to identify and characterize the cryptocurrency exchange scams. We first identify over 1,500 scam domains and over 300 fake apps, by collecting existing reports and using typosquatting generation techniques. Then we investigate the relationship between them, and identify 94 scam domain families and 30 fake app families. We further characterize the impacts of such scams, and reveal that these scams have incurred financial loss of 520k US dollars at least. We further observe that the fake apps have been sneaked to major app markets (including Google Play) to infect unsuspicious users. Our findings demonstrate the urgency to identify and prevent cryptocurrency exchange scams. To facilitate future research, we have publicly released all the identified scam domains and fake apps to the community.



قيم البحث

اقرأ أيضاً

As COVID-19 has been spreading across the world since early 2020, a growing number of malicious campaigns are capitalizing the topic of COVID-19. COVID-19 themed cryptocurrency scams are increasingly popular during the pandemic. However, these newly emerging scams are poorly understood by our community. In this paper, we present the first measurement study of COVID-19 themed cryptocurrency scams. We first create a comprehensive taxonomy of COVID-19 scams by manually analyzing the existing scams reported by users from online resources. Then, we propose a hybrid approach to perform the investigation by: 1) collecting reported scams in the wild; and 2) detecting undisclosed ones based on information collected from suspicious entities (e.g., domains, tweets, etc). We have collected 195 confirmed COVID-19 cryptocurrency scams in total, including 91 token scams, 19 giveaway scams, 9 blackmail scams, 14 crypto malware scams, 9 Ponzi scheme scams, and 53 donation scams. We then identified over 200 blockchain addresses associated with these scams, which lead to at least 330K US dollars in losses from 6,329 victims. For each type of scams, we further investigated the tricks and social engineering techniques they used. To facilitate future research, we have released all the well-labelled scams to the research community.
112 - Lu Liu , Lili Wei , Wuqi Zhang 2021
Smart contracts are programs running on blockchain to execute transactions. When input constraints or security properties are violated at runtime, the transaction being executed by a smart contract needs to be reverted to avoid undesirable consequenc es. On Ethereum, the most popular blockchain that supports smart contracts, developers can choose among three transaction-reverting statements (i.e., require, if...revert, and if...throw) to handle anomalous transactions. While these transaction-reverting statements are vital for preventing smart contracts from exhibiting abnormal behaviors or suffering malicious attacks, there is limited understanding of how they are used in practice. In this work, we perform the first empirical study to characterize transaction-reverting statements in Ethereum smart contracts. We measured the prevalence of these statements in 3,866 verified smart contracts from popular dapps and built a taxonomy of their purposes via manually analyzing 557 transaction-reverting statements. We also compared template contracts and their corresponding custom contracts to understand how developers customize the use of transaction-reverting statements. Finally, we analyzed the security impact of transaction-reverting statements by removing them from smart contracts and comparing the mutated contracts against the original ones. Our study led to important findings, which can shed light on further research in the broad area of smart contract quality assurance and provide practical guidance to smart contract developers on the appropriate use of transaction-reverting statements.
YouTube has become the second most popular website according to Alexa, and it represents an enticing platform for scammers to attract victims. Because of the computational difficulty of classifying multimedia, identifying scams on YouTube is more dif ficult than text-based media. As a consequence, the research community to-date has provided little insight into the prevalence, lifetime, and operational patterns of scammers on YouTube. In this short paper, we present a preliminary exploration of scam videos on YouTube. We begin by identifying 74 search queries likely to lead to scam videos based on the authors experience seeing scams during routine browsing. We then manually review and characterize the results to identify 668 scams in 3,700 videos. In a detailed analysis of our classifications and metadata, we find that these scam videos have a median lifetime of nearly nine months, and many rely on external websites for monetization. We also explore the potential of detecting scams from metadata alone, finding that metadata does not have enough predictive power to distinguish scams from legitimate videos. Our work demonstrates that scams are a real problem for YouTube users, motivating future work on this topic.
108 - James A. Liu 2018
The atomic swap protocol allows for the exchange of cryptocurrencies on different blockchains without the need to trust a third-party. However, market participants who desire to hold derivative assets such as options or futures would also benefit fro m trustless exchange. In this paper I propose the atomic swaption, which extends the atomic swap to allow for such exchanges. Crucially, atomic swaptions do not require the use of oracles. I also introduce the margin contract, which provides the ability to create leveraged and short positions. Lastly, I discuss how atomic swaptions may be routed on the Lightning Network.
Anonymity is one of the most important qualities of blockchain technology. For example, one can simply create a bitcoin address to send and receive funds without providing KYC to any authority. In general, the real identity behind cryptocurrency addr esses is not known, however, some addresses can be clustered according to their ownership by analyzing behavioral patterns, allowing those with known attribution to be assigned labels. These labels may be further used for legal and compliance purposes to assist in law enforcement investigations. In this document, we discuss our methodology behind assigning attribution labels to cryptocurrency addresses.
التعليقات
جاري جلب التعليقات جاري جلب التعليقات
سجل دخول لتتمكن من متابعة معايير البحث التي قمت باختيارها
mircosoft-partner

هل ترغب بارسال اشعارات عن اخر التحديثات في شمرا-اكاديميا