Gartner's Technology Hype Cycle has Non-Fungible Tokens (NFTs) at the peak of the hype cycle in 2021 while not even having appeared on the hype cycle in 2020. This exploratory study looks at the spread of the hype from a social media context by examining all tweets related to #NFT. We find evidence that the communities are highly dynamic in nature which is indicative of a decentralized social movement with no strong leaders. Sentiment regarding NFTs was strongly positive across all communities with no indication of any growing negative sentiment. The community expanded at exponential rates throughout the period of study with the communities becoming more interlinked and sharing more content over time. This analysis provides a foundation on which future NFT studies, or alternative emergent technology studies could build upon.
Abdul Razaque, Bandar Alotaibi, Munif Alotaibi, Fathi Amsaad · 8 authors
When people use social networks, they often fall prey to a clickbait scam. The scammer attempts to create a striking headline that attracts the majority of users and attaches a link. The user follows the link and can be redirected to a fraudulent resource where the user easily loses personal data. To solve this problem, a Blockchain-enabled deep recurrent neural network (BDRNN) is proposed to detect the nature safe and malicious clickbait from the contents. The proposed BDRNN consists of three phases: analysis of clickbait and source rating, clickbait search process and multi-layered clickbait detection. The analysis of clickbait and source rating phase helps to analyze different sources to detect the clickbait and also rating the content-sources. To achieve the clickbait analysis and source rating, the detection of blocklisted/allowlisted source and source rating check algorithms are introduced. The clickbait search process is accomplished by incorporating the binary search features for a faster and more efficient search process for malicious content-detection. The multi-layered clickbait detection is main phase of the proposed BDRNN that consists of three models: content-to-vector model (layer-1), deep neural network model(layer-2), and Blockchain-enabled malicious content detection model (layer-3). These models collectively detect the malicious and safe clickbait from the contents. The extensive experiments are conducted to determine the effectiveness of the proposed BDRNN model and compared with the existing state-of-the-art neural network models designed for clickbait detection, and the result demonstrates that the proposed BDRNN model outperforms the counterparts from the, accuracy, link detection, memory usage, analogous perspectives, and attacker’s successful content capturing rate.
Recently, phishing scams have posed a significant threat to blockchains. Phishing detectors direct their efforts in hunting phishing addresses. Most of the detectors extract target addresses’ transaction behavior features by random walking or constructing static subgraphs. The random walking methods, unfortunately, usually miss structural information due to limited sampling sequence length, while the static subgraph methods tend to ignore temporal features lying in the evolving transaction behaviors. More importantly, their performance undergoes severe degradation when the malicious users intentionally hide phishing behaviors. To address these challenges, we propose TEGDetector, a dynamic graph classifier that learns the evolving behavior features from transaction evolution graphs (TEGs). First, we cast the transaction series into multiple time slices, capturing the target address’s transaction behaviors in different periods. Then, we provide a fast nonparametric phishing detector (FD) to narrow down the search space of suspicious addresses. Finally, TEGDetector considers both the spatial and temporal evolutions toward a complete characterization of the evolving transaction behaviors. Moreover, TEGDetector utilizes adaptively learned time coefficient to pay distinct attention to different periods, which provides several novel insights. Extensive experiments on the large-scale Ethereum transaction dataset demonstrate that the proposed method achieves state-of-the-art (SOTA) detection performance. The code of TEGDetector is open sourced at https://github.com/Seaocn/TEGDetector.
Social bots can cause social, political, and economical disruptions by spreading rumours. The state-of-the-art methods to prevent social bots from spreading rumours are centralised and such solutions may not be accepted by users who may not trust a centralised solution being biased. In this paper, we developed a decentralised method to prevent social bots. In this solution, the users of a social network create a secure and privacy-preserving decentralised social network and may accept social media content if it is sent by its neighbour in the decentralised social network. As users only choose their trustworthy neighbours from the social network to be part of its neighbourhood in the decentralised social network, it prevents the social bots to influence a user to accept and share a rumour. We prove that the proposed solution can significantly reduce the number of users who are share rumour.
Bhaskara S. Egala, Ashok Kumar Pradhan, Venkataramana Badarla, Saraju P. Mohanty
The recent COVID-19 outbreak highlighted the requirement for a more sophisticated healthcare system and real-time data analytics in the pandemic mitigation process. Moreover, real-time data plays a crucial role in the detection and alerting process. Combining smart healthcare systems with accurate real-time information about medical service availability, vaccination, and how the pandemic is spreading can directly affect the quality of life and economy. The existing architecture models are become inadequate in handling the pandemic mitigation process using real-time data. The present models are server-centric and controlled by a single party, where the management of confidentiality, integrity, and availability (CIA) of data is doubtful. Therefore, a decentralised user-centric model is necessary, where the CIA of user data is assured. In this paper, we have suggested a decentralized blockchain-based pandemic detection and assistance system (iBlock). The iBlock uses robust technologies like hybrid computing and IPFS to support system functionality. A pseudo-anonymous personal identity is introduced using H-PCS and cryptography for anonymous data sharing. The distributed data management module guarantees data CIA, security, and privacy using cryptography mechanisms. Furthermore, it delivers useful intelligent information in the form of suggestions and alerts to assist the users. Finally, the iBlock reduces stress on healthcare infrastructure and workers by providing accurate predictions and early warnings using AI/ML.
Bitcoin, a decentralized cryptocurrency, has not only given rise to a wave of digital innovations but also stirred up considerable controversy. Some have hailed it as the most significant innovation since the Internet, while others have dismissed it as a Ponzi scheme that should be abandoned and forbidden. Regardless of these varying views, this is an innovation in need of scrutiny. In this paper we present a metastory of Bitcoin, based on an interpretative study of 737 news articles between 2011–2019. Through our analysis, we identified five narratives, including The Dark Side, The Bright Side, The Tulip Mania, The Idea, and The Normality. Our analysis demonstrates the interpretive flexibility of technology as influenced by ideologies, and we construct a theoretical model demonstrating media’s role as constructor and conduit. The metastory provides an institutional look at the broader interpretations of digital innovations as well as the multifaceted nature of digital innovations and how their interpretation evolve over time.
Riri Fitri Sari, Asri Samsiar Ilmananda, Daniela M. Romano
In the current digital era, information exchanges can be done easily through the Internet and social media. However, the actual truth of the news on social media platforms is hard to prove, and social media platforms are susceptible to the spreading of hoaxes. As a remedy, Blockchain technology can be used to ensure the reliability of shared information and can create a trusted communications environment. In this study, we propose a social media news spreading model by adapting an epidemic methodology and a scale-free network. A Blockchain-based news verification system is implemented to identify the credibility of the news and its sources. The effectiveness of the model is investigated by utilizing agent-based modelling using NetLogo software. In the simulations, fake news with a truth level of 20% are assigned a low News Credibility Indicator (NCI ± -0.637) value for all of the different network dimensions. Moreover, the Producer Reputation Credit is also decreased (PRC ± 0.213) so that the trust factor value is reduced. Our epidemic approach for news verification has also been implemented using Ethereum Smart Contract and several tools such as React with Solidity, IPFS, Web3.js, and Metamask. By showing the measurements of the credibility indicator and reputation credit to the user during the news dissemination process, this proposed smart contract can effectively limit user behaviour in spreading fake news and improve the content quality on social media.
Recent research in cryptocurrencies has considered the effects of the behavior of individuals on the price of cryptocurrencies through actions such as social media usage. However, some celebrities have gone as far as affixing their celebrity to a specific cryptocurrency, becoming a crypto-tastemaker. One such example occurred in April 2021 when Elon Musk claimed via Twitter that “SpaceX is going to put a literal Dogecoin on the literal moon”. He later called himself the “Dogefather” as he announced that he would be hosting Saturday Night Live (SNL) on 8 May 2021. By performing sentiment analysis on relevant tweets during the time he was hosting SNL, evidence is found that negative perceptions of Musk’s performance led to a decline in the price of Dogecoin, which dropped 23.4% during the time Musk was on air. This shows that cryptocurrencies are affected in real time by the behaviors of crypto-tastemakers.
Social media news are most important in today's worlds, it puts positive or negative influence on social views. There is a wide propagation of fake news on social media so it will be difficult to believe on the news. Fake news has negative impacts on individuals as well as on society. Information spreads rapidly over the social media and so there is a need of mechanism which detects and stops the spreading of fake news. Therefore, detection of fake news is the need of time and also a challenging problem. The goal of this proposed research work is to detect fake news and minimize spreading of the fake news. In the proposed research a machine learning approach is used for detection of fake news with blockchain framework. In first section a supervised machine learning techniques is design to identify the trustiness of specific news while blockchain framework revoke the malicious activity of spreading fake news. A blockchain environment is created with mining, smart contract as well as Proof of Work (PoW) of consensus. The current systematic review broadly focuses on the various methods to detect fake news in social media. After partial implementation of system, performance evaluation has done with traditional blockchain framework. It is found that 10% less time for transaction verification by consensus in P2P environment over the existing systems.
Rickard Grassman, Vanessa Bracamonte, Matthew J. Davis, Maki Sato
In this paper, we explore how cryptocurrencies have been received in Sweden and Japan, and what specific attitudes and discourses may reveal about the ethical implications surrounding this new technology. By way of topic modelling prevalent discourses on social media among users of cryptocurrencies, and teasing out the more culturally situated significance in such interactions through discourse analysis, our aim is to unpack the way certain tropes and traces around the notion of autonomy may provide a fruitful lens through which we may discern how this technology has been received in each respective country. The ultimate aim of the paper is to shed light on the attitudes that inform the way this technology is perceived and the cultural and ideological nuances that this brings to the fore, as well as how this culturally nuanced view may help us better discern the potential advantages and ethical challenges associated with this new technology.
Ahmet Faruk Aysan, Ali Yavuz Polat, Hasan Tekin, Ahmet Semih Tunalı
This study aims to investigate the effect of fear sentiment with a novel data set on Bitcoin’s return, volatility and transaction volume. We divide the sample into two subperiods in order to capture the changing dynamics during the COVID-19 pandemic. We retrieve the novel fear sentiment data from Thomson Reuters MarketPsych Indices (TRMI). We denote the subperiods as pre- and post-COVID-19 considering January 13th, 2020, when first COVID-19 confirmed case was reported outside China. We employ bivariate vector autoregressive (VAR) models given below with lag-length k, to investigate the dynamics between Bitcoin variables and fear sentiment. Bitcoin market measures have dissimilar dynamics before and after the Coronavirus outbreak. The results reveal that due to the excessive uncertainty led by the outbreak, an increase in fear sentiment negatively affects the Bitcoin returns more persistently and significantly. For the post-COVID-19 period, an increase in fear also results in more fluctuations in transaction volume while its initial and cumulative effects are both negative. Due to extreme uncertainty caused by the COVID-19 pandemic, investors may trade more aggressively in the initial phases of the shock.
Social media network is one of the important parts of human life based on the recent technologies and developments in terms of computer science area. This environment has become a famous platform for sharing information and news on any topics and daily reports, which is the main era for collecting data and data transmission. There are various advantages of this environment, but in another point of view there are lots of fake news and information that mislead the reader and user for the information needed. Lack of trust-able information and real news of social media information is one of the huge problems of this system. To overcome this problem, we have proposed an integrated system for various aspects of blockchain and natural language processing (NLP) to apply machine learning techniques to detect fake news and better predict fake user accounts and posts. The Reinforcement Learning technique is applied for this process. To improve this platform in terms of security, the decentralized blockchain framework applied, which provides the outline of digital contents authority proof. More specifically, the concept of this system is developing a secure platform to predict and identify fake news in social media networks.
In the news industry, as well as in social media, fake news detection and identification of news sources has become a central topic of discussion. In the era of digitization, anyone can easily generate or manipulate digital content and publish them on social media websites. On the one hand, these social networking platforms provide ample ease in modern-day communication but on the other hand, using such platforms has posed new challenges to real-world implementation like viral spreading of false/fake information with malicious intentions. In this paper, a naive blockchain and watermarking based social media framework is proposed to control the fake news propagation. We postulate a new blockchain model to mitigate existing challenges in this field. Moreover, the novel solution can help in reducing the spread of fake news by tracing the root or origin of the fake news on social media. Through our experimental results, we show that our blockchain-based solution is able to immediately stream data through a bloXroute server that can propagate data up to 100 times faster than conventional solutions.
Prashansa Agrawal, Parwat Singh Anjana, Sathya Peri
The surge in the spread of misleading information, lies, propaganda, and false facts, frequently known as fake news, raised questions concerning social media's influence in today's fast-moving democratic society. The widespread and rapid dissemination of fake news cost us in many ways. For example, individual or societal costs by hampering elections integrity, significant economic losses by impacting stock markets, or increases the risk to national security. It is challenging to overcome the spreading of fake news problems in traditional centralized systems. However, Blockchain-- a distributed decentralized technology that ensures data provenance, authenticity, and traceability by providing a transparent, immutable, and verifiable transaction records can help in detecting and contending fake news. This paper proposes a novel hybrid model DeHiDe: Deep Learning-based Hybrid Model to Detect Fake News using Blockchain. The DeHiDe is a blockchain-based framework for legitimate news sharing by filtering out the fake news. It combines the benefit of blockchain with an intelligent deep learning model to reinforce robustness and accuracy in combating fake news's hurdle. It also compares the proposed method to existing state-of-the-art methods. The DeHiDe is expected to outperform state-of-the-art approaches in terms of services, features, and performance.
Engagement with scientific manuscripts is frequently facilitated by Twitter and other social media platforms. As such, the demographics of a paper's social media audience provide a wealth of information about how scholarly research is transmitted, consumed, and interpreted by online communities. By paying attention to public perceptions of their publications, scientists can learn whether their research is stimulating positive scholarly and public thought. They can also become aware of potentially negative patterns of interest from groups that misinterpret their work in harmful ways, either willfully or unintentionally, and devise strategies for altering their messaging to mitigate these impacts. In this study, we collected 331,696 Twitter posts referencing 1,800 highly tweeted bioRxiv preprints and leveraged topic modeling to infer the characteristics of various communities engaging with each preprint on Twitter. We agnostically learned the characteristics of these audience sectors from keywords each user's followers provide in their Twitter biographies. We estimate that 96% of the preprints analyzed are dominated by academic audiences on Twitter, suggesting that social media attention does not always correspond to greater public exposure. We further demonstrate how our audience segmentation method can quantify the level of interest from nonspecialist audience sectors such as mental health advocates, dog lovers, video game developers, vegans, bitcoin investors, conspiracy theorists, journalists, religious groups, and political constituencies. Surprisingly, we also found that 10% of the preprints analyzed have sizable (>5%) audience sectors that are associated with right-wing white nationalist communities. Although none of these preprints appear to intentionally espouse any right-wing extremist messages, cases exist in which extremist appropriation comprises more than 50% of the tweets referencing a given preprint. These results present unique opportunities for improving and contextualizing the public discourse surrounding scientific research.
Franklin Tchakounté, Koudanbe Amadou Calvin, Ado Adamou Abba Ari, David Jaurès Fotsa-Mbogne
One of the main concerns of cybersecurity is the detection of hoaxes across social media. Hoaxers propagate such messages to mislead users and to promote violence. Several approaches exist in literature to address this issue. They are mainly limited to detect hoax activities by characterizing the message nature and detecting provenance of messages. However, unless hoaxes are detected, they continue to propagate across social media nodes. This work aims at reducing the dissemination of hoaxes across group of users. Relying on social graph structure, this research develops a mechanism based on smart contract logics to prevent a group to consume a fake post. To achieve this objective, we used a smart contract to exploit a trust index computed based on message characteristics and group features such as graph density, group status, group degree, group acceptability. Based on the value of trust index, the message is forwarded or blocked. Experiments realized on groups of different characteristics revealed that the proposed smart contract is even able to reactively block a fake post of the same nature than the group type. Results indicate that the proportion of targeted groups could be reduced even if their interests match with the message subject. This research is an important step forward to anti-promote hoaxes with the novelty of exploiting smart contract approach to contain their propagation.
Peter A. Chow-White, Alberto Lusoli, Vu Thuy Anh Phan, Sandy Edward Green
Blockchain is one of the most widely debated technologies in recent years. Pundits and scholars have described it as a disruptive technology that will impact many sectors of society. Skeptics argue blockchain’s popularity is fuelled by the media’s obsession for the ‘next big thing’ rather than the intrinsic potential of the technology. In this paper, we follow a social constructivist approach with the aim of explaining how different discourses are creating new meanings about this technology. As Communication scholars, we focus on the role media play in framing debates about blockchain. Our analysis relies on a human coding of the most popular news about blockchain circulating on Twitter from October 2014 to July 2018. The findings show the general attitude about blockchain is predominantly positive. The discourses developing around crypto technologies are complex and multifaceted and indicate a general transition in the rhetorical definition of blockchain.
Taehyun Kim, Hyomin Shin, Hyung Ju Hwang, Seungwon Jeong
Steemit is a blockchain-based social media platform, where authors can get author rewards in the form of cryptocurrencies called STEEM and SBD (Steem Blockchain Dollars) if their posts are upvoted. Interestingly, curators (or voters) can also get rewards by voting others' posts, which is called a curation reward. A reward is proportional to a curator's STEEM stakes. Throughout this process, Steemit hopes "good" content will be automatically discovered by users in a decentralized way, which is known as the Proof-of-Brain (PoB). However, there are many bot accounts programmed to post automatically and get rewards, which discourages real human users from creating good content. We call this type of bot a posting bot. While there are many papers that studied bots on traditional centralized social media platforms such as Facebook and Twitter, we are the first to study posting bots on a blockchain-based social media platform. Compared with the bot detection on the usual social media platforms, the features we created have an advantage that posting bots can be detected without limiting the number or length of posts. We can extract the features of posts by clustering distances between blog data or replies. These features are obtained from the Minimum Average Cluster from Clustering Distance between Frequent words and Articles (MAC-CDFA), which is not used in any of the previous social media research. Based on the enriched features, we enhanced the quality of classification tasks. Comparing the F1-scores, the features we created outperformed the features used for bot detection on Facebook and Twitter.
As COVID-19 has been spreading across the world since early 2020, a growing number of malicious campaigns are capitalizing the topic of COVID-19. COVID-19 themed cryptocurrency scams are increasingly popular during the pandemic. However, these newly emerging scams are poorly understood by our community. In this paper, we present the first measurement study of COVID-19 themed cryptocurrency scams. We first create a comprehensive taxonomy of COVID-19 scams by manually analyzing the existing scams reported by users from online resources. Then, we propose a hybrid approach to perform the investigation by: 1) collecting reported scams in the wild; and 2) detecting undisclosed ones based on information collected from suspicious entities (e.g., domains, tweets, etc). We have collected 195 confirmed COVID-19 cryptocurrency scams in total, including 91 token scams, 19 giveaway scams, 9 blackmail scams, 14 crypto malware scams, 9 Ponzi scheme scams, and 53 donation scams. We then identified over 200 blockchain addresses associated with these scams, which lead to at least 330K US dollars in losses from 6,329 victims. For each type of scams, we further investigated the tricks and social engineering techniques they used. To facilitate future research, we have released all the well-labelled scams to the research community.
Zakwan Jaroucheh, Mohamad Alissa, William J. Buchanan, Xiaodong Liu
The growing trend of sharing news/contents, through social media platforms and the World Wide Web has been seen to impact our perception of the truth, altering our views about politics, economics, relationships, needs and wants. This is because of the growing spread of misinformation and disinformation intentionally or unintentionally by individuals and organizations. This trend has grave political, social, ethical, and privacy implications for society due to 1) the rapid developments in the field of Machine Learning (ML) and Deep Learning (DL) algorithms in creating realistic-looking yet fake digital content (such as text, images, and videos), 2) the ability to customize the content feeds and to create a polarized so-called "filter-bubbles" leveraging the availability of the big-data. Therefore, there is an ethical need to combat the flow of fake content. This paper attempts to resolves some of the aspects of this combat by presenting a high-level overview of TRUSTD, a blockchain and collective signature based ecosystem to help content creators in getting their content backed by the community, and to help users judge on the credibility and correctness of these contents.
Piotr Stolarski, Włodzimierz Lewoniewski, Witold Abramowicz
In this research we presented different approaches to investigate the possible relationships between the largest crowd-based knowledge source and the market potential of particular cryptocurrencies. Identification of such relations is crucial because their existence may be used to create a broad spectrum of analyses and reports about cryptocurrency projects and to obtain a comprehensive outlook of the blockchain domain. The activities on the blockchain reach different levels of anonymity which renders them hard objects of studies. In particular, the standard tools used to characterize social trends and variables that describe cryptocurrencies’ situations are unsuitable to be used in the environment that extensively employs cryptographic techniques to hide real users. The employment of Wikipedia to trace crypto assets value need examination because the portal allows gathering of different opinions—content of the articles is edited by a group of people. Consequently, the information can be more attractive and useful for the readers than in case of non-collaborative sources of information. Wikipedia Articles often appears in the premium position of such search engines as Google, Bing, Yahoo and others. One may expect different demand on information about particular cryptocurrency depending on the different events (e.g., sharp fluctuations of price). Wikipedia offers only information about cryptocurrencies that are important from the point of view of language community of the users in Wikipedia. This “filter” helps to better identify those cryptocurrencies that have a significant influence on the regional markets. The models encompass linkages between different variables and properties. In one model cryptocurrency projects are ranked with the means of articles sentiment and quality. In another model, Wikipedia visits are linked to cryptocurrencies’ popularity. Additionally, the interactions between information demand in different Wikipedia language versions are elaborated. They are used to assess the geographical esteem of certain crypto coins. The information about the legal status of cryptocurrency technologies in different states that are offered by Wikipedia is used in another proposed model. It allows assessment of the adoption of cryptocurrencies in a given legislature. Finally, a model is developed that joins Wikipedia articles editions and deletions with the social sentiment towards particular cryptocurrency projects. The mentioned analytical purposes that permit assessment of the popularity of blockchain technologies in different local communities are not the only results of the paper. The models can show which country has the biggest demand on particular cryptocurrencies, such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Monero, Litecoin, Dogecoin and others.
With the revolution and growth of the media industry, and development of new mediums to update citizens with the latest news, in recent years there has been a spurt in the production of articles spreading fake information. Many media channels leverage on the concept of spreading eye-catching malicious news that attracts readers which has been proven to be quite dangerous in most cases. These channels post an exaggerated version of the truth, thus leading to an emerging trend of spreading fake news. To tackle this problem, we propose a two-step solution involving machine learning and block chain. The proposed solution consists of a news verification portal using a two-fold approach, which first detects whether the news article is fake or real leveraging the accuracy of a machine learning algorithm and then verifies the source using human crowd auditors on a block chain platform based on proof-of-stake.
Diogo Pacheco, Pik-Mai Hui, Christopher Torres-Lugo, Bao Tran Truong · 6 authors
Coordinated campaigns are used to influence and manipulate social media platforms and their users, a critical challenge to the free exchange of information online. Here we introduce a general, unsupervised network-based methodology to uncover groups of accounts that are likely coordinated. The proposed method constructs coordination networks based on arbitrary behavioral traces shared among accounts. We present five case studies of influence campaigns, four of which in the diverse contexts of U.S. elections, Hong Kong protests, the Syrian civil war, and cryptocurrency manipulation. In each of these cases, we detect networks of coordinated Twitter accounts by examining their identities, images, hashtag sequences, retweets, or temporal patterns. The proposed approach proves to be broadly applicable to uncover different kinds of coordination across information warfare scenarios.
Cryptocurrencies represent one of the most attractive markets for financial speculation. As a consequence, they have attracted unprecedented attention on social media. Besides genuine discussions and legitimate investment initiatives, several deceptive activities have flourished. In this work, we chart the online cryptocurrency landscape across multiple platforms. To reach our goal, we collected a large dataset, composed of more than 50M messages published by almost 7M users on Twitter, Telegram and Discord, over three months. We performed bot detection on Twitter accounts sharing invite links to Telegram and Discord channels, and we discovered that more than 56% of them were bots or suspended accounts. Then, we applied topic modeling techniques to Telegram and Discord messages, unveiling two different deception schemes - “pump-and-dump” and “Ponzi” - and identifying the channels involved in these frauds. Whereas on Discord we found a negligible level of deception, on Telegram we retrieved 296 channels involved in pump-and-dump and 432 involved in Ponzi schemes, accounting for a striking 20% of the total. Moreover, we observed that 93% of the invite links shared by Twitter bots point to Telegram pump-and-dump channels, shedding light on a little-known social bot activity. Charting the landscape of online cryptocurrency manipulation can inform actionable policies to fight such abuse.