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DRAINCLoG: Detecting Rogue Accounts with Illegally-obtained NFTs using Classifiers Learned on Graphs. (arXiv:2301.13577v1 [cs.CR])
cs.CR updates on arXiv.org arxiv.org
As Non-Fungible Tokens (NFTs) continue to grow in popularity, NFT users have
become targets of phishing attacks by cybercriminals, called NFT drainers. Over
the last year, \$100 million worth of NFTs were stolen by drainers, and their
presence remains as a serious threat to the NFT trading space. Since NFTs are
different from cryptocurrencies, existing work on detecting Ethereum phishers
is unsuitable to detect NFT drainers. Moreover, no work has yet comprehensively
investigated the behaviors of drainers in the NFT …
accounts attacks called continue cryptocurrencies cybercriminals detect ethereum graphs nft nfts non non-fungible tokens phishing phishing attacks rogue serious space stolen threat tokens trading work