Cryptocurrency abuse has become a critical problem. Due to the anonymous nature of cryptocurrency, criminals commonly adopt cryptocurrency for trading drugs and deceiving people without revealing their identities. Despite its significance and severity, only few works have studied how cryptocurrency has been abused in the real world, and they only provide some limited measurement results. Thus, to provide a more in-depth understanding on the cryptocurrency abuse cases, we present a large-scale analysis on various Bitcoin abuse types using 200,507 real-world reports collected by victims from 214 countries. We scrutinize observable abuse trends, which are closely related to real-world incidents, to understand the causality of the abuses. Furthermore, we investigate the semantics of various cryptocurrency abuse types to show that several abuse types overlap in meaning and to provide valuable insight into the public dataset. In addition, we delve into abuse channels to identify which widely-known platforms can be maliciously deployed by abusers following the COVID-19 pandemic outbreak. Consequently, we demonstrate the polarization property of Bitcoin addresses practically utilized on transactions, and confirm the possible usage of public report data for providing clues to track cyber threats. We expect that this research on Bitcoin abuse can empirically reach victims more effectively than cybercrime, which is subject to professional investigation.

Bitcoin is currently a hot issue worldwide, and it is expected to become a new legal tender that replaces the current currency started with El Salvador. Due to the nature of cryptocurrency, however, difficulties in tracking led to the arising of misuses and abuses. Consequently, the pain of innocent victims by exploiting these bitcoins abuse is also increasing. We propose a way to detect new signatures by applying two-fold NLP-based clustering techniques to text data of Bitcoin abuse reports received from actual victims. By clustering the reports of text data, we were able to cluster the message templates as the same campaigns. The new approach using the abuse massage template representing clustering as a signature for identifying abusers is much efficacious.

A new beamforming technique based on the power method is proposed in this paper. We show that the new technique is quite robust to the angular spread in the received signals making it particularly useful for smart antennas in WCDMA systems. The proposed technique utilizes two primary eigenvectors of the autocovariance matrix of the received data to form the weight vector of a smart antenna. An efficient adaptive procedure combining the power method and deflation method is given to compute the first and second largest eigenvalues with a reasonable complexity and accuracy. To demonstrate the proposed technique, it has been applied to WCDMA signal environment showing its robust and improved performance.