Vulnerabilities and Security Breaches in Cryptocurrencies

Gudmundur Sigurdsson; Alberto Giaretta; Nicola Dragoni

doi:10.1007/978-3-030-14687-0_26

Vulnerabilities and Security Breaches in Cryptocurrencies

Gudmundur Sigurdsson, Alberto Giaretta^*, Nicola Dragoni

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

1307 Downloads (Pure)

Abstract

Nowadays, 1375 different cryptocurrencies exist, and their market value totals up to $444.8 billion, at the time of writing. The interest revolving around cryptocurrencies is constantly growing, and this hype caused an increase of criminal attacks on various cryptocurrencies. In this paper, we cover the main aspects that concern cryptocurrencies vulnerabilities and related security breaches. Then, we propose possible solutions to prevent them, or to decrease the attackers’ profit margins by increasing the costs they have to face, in order to strike some of these attacks. Alongside, we briefly describe a few attacks that have occurred in the past.

Original language	English
Title of host publication	Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018
Editors	Manuel Mazzara, Angelo Messina, Alberto Sillitti, Giancarlo Succi, Paolo Ciancarini
Publisher	Springer
Publication date	1 Jan 2020
Pages	288-299
ISBN (Print)	9783030146863
DOIs	https://doi.org/10.1007/978-3-030-14687-0_26
Publication status	Published - 1 Jan 2020
Event	6th International Conference in Software Engineering for Defence Applications - Rome, Italy Duration: 7 Jun 2018 → 8 Jun 2018 Conference number: 6

Conference

Conference	6th International Conference in Software Engineering for Defence Applications
Number	6
Country/Territory	Italy
City	Rome
Period	07/06/2018 → 08/06/2018

Series	Advances in Intelligent Systems and Computing
Volume	925
ISSN	2194-5357

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1007/978-3-030-14687-0_26

FulltextAccepted author manuscript, 162 KB

OpenUrl availability

Full text

Cite this

Sigurdsson, Gudmundur ; Giaretta, Alberto ; Dragoni, Nicola. / Vulnerabilities and Security Breaches in Cryptocurrencies. Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018. editor / Manuel Mazzara ; Angelo Messina ; Alberto Sillitti ; Giancarlo Succi ; Paolo Ciancarini. Springer, 2020. pp. 288-299 (Advances in Intelligent Systems and Computing, Vol. 925).

@inproceedings{88971f5409894df99ac73f83f7e38569,

title = "Vulnerabilities and Security Breaches in Cryptocurrencies",

abstract = "Nowadays, 1375 different cryptocurrencies exist, and their market value totals up to $444.8 billion, at the time of writing. The interest revolving around cryptocurrencies is constantly growing, and this hype caused an increase of criminal attacks on various cryptocurrencies. In this paper, we cover the main aspects that concern cryptocurrencies vulnerabilities and related security breaches. Then, we propose possible solutions to prevent them, or to decrease the attackers{\textquoteright} profit margins by increasing the costs they have to face, in order to strike some of these attacks. Alongside, we briefly describe a few attacks that have occurred in the past.",

author = "Gudmundur Sigurdsson and Alberto Giaretta and Nicola Dragoni",

year = "2020",

month = jan,

day = "1",

doi = "10.1007/978-3-030-14687-0_26",

language = "English",

isbn = "9783030146863",

series = "Advances in Intelligent Systems and Computing",

publisher = "Springer",

pages = "288--299",

editor = "Manuel Mazzara and Angelo Messina and Alberto Sillitti and Giancarlo Succi and Paolo Ciancarini",

booktitle = "Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018",

note = "6th International Conference in Software Engineering for Defence Applications, SEDA 2018 ; Conference date: 07-06-2018 Through 08-06-2018",

}

Sigurdsson, G, Giaretta, A & Dragoni, N 2020, Vulnerabilities and Security Breaches in Cryptocurrencies. in M Mazzara, A Messina, A Sillitti, G Succi & P Ciancarini (eds), Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018. Springer, Advances in Intelligent Systems and Computing, vol. 925, pp. 288-299, 6th International Conference in Software Engineering for Defence Applications, Rome, Italy, 07/06/2018. https://doi.org/10.1007/978-3-030-14687-0_26

Vulnerabilities and Security Breaches in Cryptocurrencies. / Sigurdsson, Gudmundur; Giaretta, Alberto; Dragoni, Nicola.
Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018. ed. / Manuel Mazzara; Angelo Messina; Alberto Sillitti; Giancarlo Succi; Paolo Ciancarini. Springer, 2020. p. 288-299 (Advances in Intelligent Systems and Computing, Vol. 925).

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

TY - GEN

T1 - Vulnerabilities and Security Breaches in Cryptocurrencies

AU - Sigurdsson, Gudmundur

AU - Giaretta, Alberto

AU - Dragoni, Nicola

N1 - Conference code: 6

PY - 2020/1/1

Y1 - 2020/1/1

N2 - Nowadays, 1375 different cryptocurrencies exist, and their market value totals up to $444.8 billion, at the time of writing. The interest revolving around cryptocurrencies is constantly growing, and this hype caused an increase of criminal attacks on various cryptocurrencies. In this paper, we cover the main aspects that concern cryptocurrencies vulnerabilities and related security breaches. Then, we propose possible solutions to prevent them, or to decrease the attackers’ profit margins by increasing the costs they have to face, in order to strike some of these attacks. Alongside, we briefly describe a few attacks that have occurred in the past.

AB - Nowadays, 1375 different cryptocurrencies exist, and their market value totals up to $444.8 billion, at the time of writing. The interest revolving around cryptocurrencies is constantly growing, and this hype caused an increase of criminal attacks on various cryptocurrencies. In this paper, we cover the main aspects that concern cryptocurrencies vulnerabilities and related security breaches. Then, we propose possible solutions to prevent them, or to decrease the attackers’ profit margins by increasing the costs they have to face, in order to strike some of these attacks. Alongside, we briefly describe a few attacks that have occurred in the past.

U2 - 10.1007/978-3-030-14687-0_26

DO - 10.1007/978-3-030-14687-0_26

M3 - Article in proceedings

AN - SCOPUS:85064149824

SN - 9783030146863

T3 - Advances in Intelligent Systems and Computing

SP - 288

EP - 299

BT - Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018

A2 - Mazzara, Manuel

A2 - Messina, Angelo

A2 - Sillitti, Alberto

A2 - Succi, Giancarlo

A2 - Ciancarini, Paolo

PB - Springer

T2 - 6th International Conference in Software Engineering for Defence Applications

Y2 - 7 June 2018 through 8 June 2018

ER -

Sigurdsson G, Giaretta A, Dragoni N. Vulnerabilities and Security Breaches in Cryptocurrencies. In Mazzara M, Messina A, Sillitti A, Succi G, Ciancarini P, editors, Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018. Springer. 2020. p. 288-299. (Advances in Intelligent Systems and Computing, Vol. 925). doi: 10.1007/978-3-030-14687-0_26

Vulnerabilities and Security Breaches in Cryptocurrencies

Abstract

Conference

UN SDGs

Access to Document

OpenUrl availability

Fingerprint

Cite this