Publication Type
Conference Proceeding Article
Version
publishedVersion
Publication Date
8-2023
Abstract
With the boom of cryptocurrency and its concomitant financial risk concerns, detecting fraudulent behaviors and associated malicious addresses has been drawing significant research effort. Most existing studies, however, rely on the full history features or full-fledged address transaction networks, both of which are unavailable in the problem of early malicious address detection and therefore failing them for the task. To detect fraudulent behaviors of malicious addresses in the early stage, we present Evolve Path Tracer, which consists of Evolve Path Encoder LSTM, Evolve Path Graph GCN, and Hierarchical Survival Predictor. Specifically, in addition to the general address features, we propose Asset Transfer Paths and corresponding path graphs to characterize early transaction patterns. Furthermore, since transaction patterns change rapidly in the early stage, we propose Evolve Path Encoder LSTM and Evolve Path Graph GCN to encode asset transfer path and path graph under an evolving structure setting. Hierarchical Survival Predictor then predicts addresses' labels with high scalability and efficiency. We investigate the effectiveness and generalizability of Evolve Path Tracer on three real-world malicious address datasets. Our experimental results demonstrate that Evolve Path Tracer outperforms the state-of-the-art methods. Extensive scalability experiments demonstrate the model's adaptivity under a dynamic prediction setting.
Keywords
evolve encoder, asset transfer path, early malice detection, cryptocurrency
Discipline
Databases and Information Systems | Finance and Financial Management | Numerical Analysis and Scientific Computing
Research Areas
Data Science and Engineering
Publication
KDD '23: Proceedings of the 29th ACM SIGKDD Conference on Knowledge Discovery and Data Mining, Long Beach, CA, August 6-10
First Page
3889
Last Page
3900
ISBN
9798400701030
Identifier
10.1145/3580305.3599817
Publisher
ACM
City or Country
New York
Citation
CHENG, Ling; ZHU, Feida; WANG, Yong; LIANG, Ruicheng; and LIU, Huiwen.
Evolve Path Tracer: Early detection of malicious addresses in cryptocurrency. (2023). KDD '23: Proceedings of the 29th ACM SIGKDD Conference on Knowledge Discovery and Data Mining, Long Beach, CA, August 6-10. 3889-3900.
Available at: https://ink.library.smu.edu.sg/sis_research/7809
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1145/3580305.3599817
Included in
Databases and Information Systems Commons, Finance and Financial Management Commons, Numerical Analysis and Scientific Computing Commons