# SoK: Security Analysis of Blockchain-based Cryptocurrency

arXiv: https://arxiv.org/abs/2503.22156 · HTML: https://mlsanity.com/paper/2503.22156/

## Key facts

- Cited by 5 papers in the map (data through 14 Oct 2026).
- First posted on arXiv 28 Mar 2025.

## Built on by (most cited first, 5 of 5)

- [AI-Based Vulnerability Analysis of NFT Smart Contracts](https://mlsanity.com/paper/2504.16113/) (2025)
- [A Comprehensive Study of Exploitable Patterns in Smart Contracts: From Vulnerability to Defense](https://mlsanity.com/paper/2504.21480/) (2025)
- [UEChecker: Detecting Unchecked External Call Vulnerabilities in DApps via Graph Analysis](https://mlsanity.com/paper/2508.01343/) (2025)
- [ParaVul: A Parallel Large Language Model and Retrieval-Augmented Framework for Smart Contract Vulnerability Detection](https://mlsanity.com/paper/2510.17919/) (2025)
- [Facial Recognition Leveraging Generative Adversarial Networks](https://mlsanity.com/paper/2505.11884/) (2025)

## Abstract (arXiv)

Cryptocurrency is a novel exploration of a form of currency that proposes a decentralized electronic payment scheme based on blockchain technology and cryptographic theory. While cryptocurrency has the security characteristics of being distributed and tamper-proof, increasing market demand has led to a rise in malicious transactions and attacks, thereby exposing cryptocurrency to vulnerabilities, privacy issues, and security threats. Particularly concerning are the emerging types of attacks and threats, which have made securing cryptocurrency increasingly urgent. Therefore, this paper classifies existing cryptocurrency security threats and attacks into five fundamental categories based on the blockchain infrastructure and analyzes in detail the vulnerability principles exploited by each type of threat and attack. Additionally, the paper examines the attackers' logic and methods and successfully reproduces the vulnerabilities. Furthermore, the author summarizes the existing detection and defense solutions and evaluates them, all of which provide important references for ensuring the security of cryptocurrency. Finally, the paper discusses the future development trends of cryptocurrency, as well as the public challenges it may face.