Affiliation:
1. Department of Electrical, Computer, and Software Engineering, Ontario Tech University, Oshawa, ON L1G 0C5, Canada
Abstract
The popularity of cryptocurrencies has skyrocketed in recent years, with blockchain technologies enabling the development of new digital assets. However, along with their advantages, such as lower transaction costs, increased security, and transactional transparency, cryptocurrencies have also become susceptible to various forms of market manipulation. The pump and dump (P&D) scheme is of significant concern among these manipulation tactics. Despite the growing awareness of P&D activities in cryptocurrency markets, a comprehensive survey is needed to explore the detection methods. This paper aims to fill this gap by reviewing the literature on P&D detection in the cryptocurrency world. This survey provides valuable insights into detecting and classifying P&D schemes in the cryptocurrency market by analyzing the selected studies, including their definitions and the taxonomies of P&D schemes, the methodologies employed, their strengths and weaknesses, and the proposed solutions. Presented here are insights that can guide future research in this field and offer practical approaches to combating P&D manipulations in cryptocurrency trading.
Subject
Computer Networks and Communications
Reference46 articles.
1. Liang, J., Li, L., Chen, W., and Zeng, D. (2019, January 1–3). Towards an understanding of cryptocurrency: A comparative analysis of cryptocurrency, foreign exchange, and stock. Proceedings of the 2019 IEEE International Conference on Intelligence and Security Informatics (ISI), Shenzhen, China.
2. Cryptocurrencies–advantages and disadvantages;Bunjaku;J. Econ.,2017
3. Eigelshoven, F., Ullrich, A., and Parry, D.A. (2021, January 12–15). Cryptocurrency market manipulation: A systematic literature review. Proceedings of the 42nd International Conference on Information Systems, Austin, TX, USA.
4. Baum, S.C. (2018). Cryptocurrency Fraud: A Look into the Frontier of Fraud. [Bachelor’s Thesis, Georgia Southern University].
5. Alyami, M., Alhotaylah, R., Alshehri, S., and Alghamdi, A. (2023). Phishing Attacks on Cryptocurrency Investors in the Arab States of the Gulf. J. Risk Financ. Manag., 16.
Cited by
2 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献