Abstract

Blockchain technology provides a secure and reliable method for transactions and has become increasingly prevalent since the advent of cryptocurrencies. However, the use of cryptocurrencies has also led to a rise in blockchain-related threats and attacks. This paper aims to provide a comprehensive overview of the most common forms of cryptocurrency attacks and focusing their impact on assets, business and organization, and threat to the security and stability of the blockchain. This paper is to highlight the several types of attacks including 51% attacks, phishing frauds, malware and ransomware attacks, social engineering attacks, and more. This paper also analyzes the current and future efforts to mitigate these threats, including best practices to prevent from blockchain attacks and serves as a valuable resource for individuals and organizations looking to better understand about type of cryptocurrency attack and protect against the growing threat of cryptocurrency attacks.