Ethereum and its native cryptocurrency, Ether, have played a worthy attention in the development of the blockchain and cryptocurrency space. Its programmability and smart contract capabilities have made it a foundational platform for decentralized applications and innovations across various industries. Because of its anonymous and decentralized structure, the hotheaded expansion of cryptocurrencies in the payment space has created both enormous potential and concerns related to cybercrime, including money laundering, financing terrorism, illegal and dangerous services. As more financial institutions attempt to integrate cryptocurrencies into their networks, there is an increasing need to create a more transparent network that can withstand these kinds of attacks. In this work, we are using different classification techniques, such as logistic regression (LR), random forest (RF), k-nearest neighbors (KNN), adaptive boosting (AdaBoost), and extreme gradient boosting (XGBoost) for Ethereum fraud detection. The dataset we are using includes rows of legitimate transactions done using the cryptocurrency Ethereum as well as known fraudulent transactions. The “XGBoost” model, which is noteworthy, detects variations that might attract notice and prevent potential issues in this chore.
1 September 2023 in Indonesian Journal of Electrical Engineering and Computer Science
The most popular cryptocurrency used worldwide is bitcoin. Many everyday folks and investors are now investing in bitcoin. However, it becomes quite difficult to evaluate or foresee the price of bitcoin. The price of bitcoin is extremely difficult to forecast due to its swings. By this point, machine learning has developed a number of models to examine the price behaviour of bitcoin using time series data. The digital money, a different type of payment developed utilising encryption methods, is difficult to forecast. By utilising encryption technology, cryptocurrencies may act as both a medium of exchange and a virtual accounting system. To estimate the values of a future time sequence, this work introduces a deep learning-based technique for time series forecasting that treats the current data as time series and extracts the key traits of the past. To overcome the shortcomings of conventional production forecasting, three algorithms-auto-regressive integrated moving averages (ARIMA), long-short-term memory (LSTM) network, and FB-prophet-were investigated and contrasted. We compared the models using historical bitcoin data of past eight years, from 2012 to 2020. The “FB-prophet” model, which is significant, catches variation that might draw attention and avert possible problems.
19 January 2024 in International journal of electrical and computer engineering systems
Bitcoin has drawn a lot of interest recently as a possible high-earning investment. There are significant financial risks associated with its erratic price volatility. Therefore, investors and decision-makers place great significance on being able to precisely foresee and capture shifting patterns in the Bitcoin market. However, empirical studies on the systems that support Bitcoin trading and forecasting are still in their infancy. The suggested method will predict the prices of all key cryptocurrencies with accuracy. A number of factors are going to be taken into account in order to precisely predict the pricing. By leveraging encryption technology, cryptocurrencies may serve as an online accounting framework and a medium of exchange. The main goal of this work is to predict Bitcoin price. To address the drawbacks of traditional forecasting techniques, we use a variety of machine learning, deep learning, and ensemble learning algorithms. We conduct a performance analysis of Auto-Regressive Integrated Moving Averages (ARIMA), Long-Short-Term Memory (LSTM), FB-Prophet, XGBoost, and a pair of hybrid formulations, LSTM-GRU and LSTM-1D_CNN. Utilizing historical Bitcoin data from 2012 to 2020, we compared the models with their Mean Absolute Error (MAE) and Root Mean Squared Error (RMSE). The hybrid LSTM-GRU model outperforms the rest with a Mean Absolute Error (MAE) of 0.464 and a Root Mean Squared Error (RMSE) of 0.323. The finding has significant ramifications for market analysts and investors in digital currencies.
These days, there is a lot of demand for cryptocurrencies, and investors are essentially investing in them. The fact that there are already over 6,000 cryptocurrencies in use worldwide because of this, investors with regular incomes put money into promising cryptocurrencies that have low market values. Accurate pricing forecasting is necessary to build profitable trading strategies because of the unique characteristics and volatility of cryptocurrencies. For consistent forecasting accuracy in an unknown price range, a variation point detection technique is employed. Due to its bidirectional nature, a Bi-LSTM appropriate for recording long-term dependencies in data that is sequential. Accurate forecasting in the cryptocurrency space depends on identifying these connections, since values are subject to change over time due to a variety of causes. In this work, we employ four deep learning-based models that are LSTM, FB-Prophet, LSTM-GRU and Bidirectional-LSTM(Bi-LSTM) and these four models are compared with Silverkite. Silverkite is the main algorithm of the Python library Graykite by LinkedIn. Using historical bitcoin data from 2012 to 2021, we utilized to analyse the models’ mean absolute error (MAE) and root mean square error (RMSE). The Bi-LSTM model performs better than others, with a mean absolute error (MAE) of 0.633 and a root mean square error (RMSE) of 0.815. The conclusion has significant ramifications for bitcoin investors and industry experts.
Background: Speaker identification, detecting human voices using speech characteristics and acoustics, is essential in security, biometrics, IoT, and human-computer interaction (HCI). As technology advances, more innovative software and robust hardware enhance these applications. This study evaluates feature extraction, pre-processing, and deep learning methods for speaker identification in natural settings. Methods: We compared deep learning algorithms, including Artificial Neural Networks (ANN), Convolutional Neural Networks (CNN), Long Short-Term Memory (LSTM), and a proposed Hybrid model. Audio files were processed using different feature extraction and pre-processing techniques. Results: The proposed Hybrid model achieved the highest accuracy at 95%, surpassing other models. LSTM followed with an accuracy of 93%. Performance metrics, including accuracy, recall, and F1 score, were used to evaluate the models. Conclusions: The study demonstrates that the Hybrid model is the most effective for speaker identification in natural settings, highlighting its potential for improved human-computer interaction and security applications.