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- Hackers are no more using ransomware attacks
- They are now cryptojacking
- India is the second largest Asian country which witness this
When it comes to increased cryptojacking activities, India is second in the Asia-Pacific and Japan (APJ) region and ninth globally as hackers create a highly-profitable, new revenue stream with crypto-mining, cyber security giant Symantec said on Wednesday.
According to Symantec’s “Internet Security Threat Report”, detection of coinminers on endpoint computers increased by a whopping 8,500 per cent in 2017.
“Cryptojacking is a rising threat to cyber and personal security,” Tarun Kaura, Director, Enterprise Security Product Management, APJ at Symantec, said in a statement. “The massive profit incentive puts people, devices and organizations at risk of unauthorised coinminers siphoning resources from their systems, further motivating criminals to infiltrate everything from home PCs to giant data centers,” Kaura added.
Cryptojacking is defined as the secret use of a computing device to mine cryptocurrency. With a low barrier of entry cybercriminals are harnessing stolen processing power and cloud CPU usage from consumers and enterprises to mine cryptocurrency. Coinminers can slow devices, overheat batteries and in some cases, render devices unusable. For enterprise organisations, coinminers can put corporate networks at risk of shutdown and inflate cloud CPU usage, adding to the cost.
“Now you could be fighting for resources on your phone, computer or Internet of Things (IoT) device as attackers use them for profit. People need to expand their defenses or they will pay for the price for someone else using their device,” Kaura added.
Symantec found 600 per cent increase in overall IoT attacks in 2017. India today ranks among the top five countries as a source for IoT attacks. The firm also identified a 200 per cent increase in attackers injecting malware implants into the software supply chain in 2017.
Threats in the mobile space continue to grow year-over-year, including the number of new mobile malware variants which increased by 54 per cent. Mobile users also face privacy risks from grayware apps that are not completely malicious but can be troublesome. Symantec found that 63 per cent of grayware apps leak the device’s phone number.
In 2017, the average ransom cost lowered to $522. “Several cyber criminals may have shifted their focus to coin mining as an alternative to cashing in while cryptocurrency values are high,” the report noted. IANS
HUH Token launched and with it came a-way of potentially safeguarding HUH Token holders from a volatile market and overall HUH Token’s communal interests.
Shiba Inu saw a rise once again and it appears that HUH Tokens launch might just have skyrocketed altcoins to an all-new level of supremacy on the cryptocurrency market.
Though, you might not have come across the idea of vesting before and if you’re a HUH Token holder or a potential one you will want to know what that means for you and your tokens.
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You might have already heard about HUH Token’s vesting structure for their tokens but if you haven’t, you’re in the right place.
HUH Token will release HUH Tokens through a vesting contract because HUH Token believe that by doing this, they are safeguarding the HUH community and its interests… as one of HUH Token’s goals are to potentially create generational wealth for its holders and eventually those involved in MetHUH which vesting may be able to help with.
Though for now, post HUH Tokens stratospheric December 6th launch, HUH Token holders can expect to receive their tokens through the vesting structure.
Those who joined HUH Nation during its presale state will receive their HUH Tokens in an initial vesting period of six week from HUH Token’s launch, December 6th.
Then, the vesting contract is structured so that the allowance can be withdrawn across a linear curve from 5% to 1000%.
If you’re a HUH Token holder or a potential one you will want to know what that means for you and your tokens.
As well as HUH Token’s presale holder will receive 10x more tokens.
You might wonder why vesting is optimal for HUH Token and HUH Token holders and its because the vesting structure could be an extra layer of protection for your HUH Tokens and in turn another round of bubble wrap for your future.
You can check out further information on the vesting structure through HUH Tokens White Paper.
With safety and its holders at their core, HUH Token appear to always be searching for new and other ways to potentially protect HUH Token holders… like their use of a multichain (Ethereum and Binance), an always active Bug Bounty and Smart Contracts.
A Rise for The Not-So-Underdog?
Shiba Inu has seen considerable interest this week and that might just be because HUH Token launched on December 6th.
Though, Shiba Inu’s popularity this month can’t solely be down to HUH Token, and that’s because Shiba Inu rose from the underdog position once again and triumphantly secured many new investors in the year-old dog coin.
It seems that altcoins are becoming the fast favourite this Christmas time and that might be because they’re endeavouring to make investments safer for their holders… whether that’s by gaining more investment as a whole, like Shiba Inu, or vesting token release like HUH Token, it seems that cryptocurrency and the potential safety of it is on everyone’s mind given the recent market crash.
Also Read: Will safeMoon Be Eclipsed By HUH Token?
The Structure of Duration
The crux of almost all cryptocurrency is its duration potential and with that the likelihood that investors will see a good return… and for this reason the likes of Shiba Inu with its rise this week and HUH Tokens use of vesting could offer duration for their holders.
If duration is something you might be looking for in cryptocurrency Shiba Inu and HUH Token might just be for you.
There is beauty in the balance with HUH Tokens vesting and Shiba Inu’s rise that is set to benefit you for the long-term and not just offer you a short, unsustainable windfall.
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Disclaimer: (This article is sponsored and includes some sponsored links)
1inch Network is suffering from the same problem as all cryptocurrencies at the moment, a vast majority of cryptocurrencies have become bearish or appear that way for now. This has resulted in massive decreases in price and 1inch Network is no exception.
HUH Token is a newcomer to the market and hopes to defy the ongoing trend and encourage bullish behaviour. It aims to achieve this through its beneficial features for holders and the ability to create additional income the longer the token is held. This could be the encouraging factor that buyers need to begin purchasing once more.
1inch Network is the crypto project that created the 1inch app. The one 1inch app is the popular decentralised exchange, otherwise referred to as a DEX. Recently, the 1inch Network has proclaimed that it has a $175 million from their Series B funding round. This is an impressive increase from the $70 million that they had announced three months ago. Their target expanded after they hit the $70 million barrier and they have now achieved their new target.
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In order to achieve the funding that they required, 1inch sold its tokens at a discounted rate. It was quite a significant discount, the token was trading for approximately $3.60 and during the round, the price was $1.50. The idea behind the reduction in price was to reward those who were visionaries and believed in the future of the 1inch Network.
HUH Token has begun its vesting process and those involved in the presale will be receiving their HUH Tokens over the coming weeks. For those unfamiliar, vesting is a process whereby individuals receive their tokens over a period of time. The tokens become locked and then are released throughout the agreed time.
The tokens become locked and then are released throughout the agreed time.
Vesting is often done in order to ensure the longevity of a project. Often after presales or after ICOs a lot of people will immediately sell their tokens, causing a massive reduction in market price. Therefore, vesting is a pre-emptive option to stop this from happening. The project cannot develop over time if buyers plummet the price on the first day.
This will benefit HUH Token and the community surrounding them, they are focused on producing a community that will grow as their token does. This would not be possible if everyone could crash their price on the first day. HUH Token has the aim to create generational wealth for all of its holders and has claimed that it is here for the long haul, not an attempt to make a quick profit. This vesting process is evidence of that.
Also Read: Will HUH Token Disrupt The Stigma
In addition to vesting, they also have provided $1 million in liquidity that is locked in for two years. This would only be done if the creators believed in the project, those who make cryptocurrencies are not forced to lock their liquidity. It is a sign that those who purchase can have confidence that the token aims to continue developing and providing advantages for those who follow their project.
The crypto market is a wonderful place for many and can be cruel to those who have unfortunate timing. However, the market normally recovers, and those with long-term aims typically come out ahead.
With this in mind, projects such as 1inch Network and HUH Token have shared their news indicating their long-term goals. Joining them sooner rather than later will stop many from looking back in a year wondering why they aren’t among those who have benefitted from the projects.
Follow HUH Token on their Socials before they Launch:
Disclaimer: (This article is sponsored and includes some commercial links)
Toyota Motor Corp has announced that it is building a new $1.29 billion battery factory in North Carolina in an effort to bring some of its electric vehicle supply chain to the US.
Toyota announced that it will invest around $13.6 billion in battery tech over the next decade, including a $9 billion investment in production, as it attempts to electrify its vehicle lineup, reports The Verge.
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The new plant will initially be capable of supplying lithium-ion batteries for 8 lakh vehicles annually. In the first year, the firm is planning to produce 1.2 million battery packs for its upcoming lineup of electric vehicles
"This investment, which I believe is so far the largest private capital investment in North Carolina history... will create at least 1,750 new jobs and help us develop and localize automotive battery production which will pave the way for battery electric vehicles built here in the United States of America," the report quoted Chris Reynolds, the chief administrative officer for Toyota Motor North America, as saying.
The new manufacturing unit is expected to create 1,750 new American jobsUnsplash
Also read: Toyota Investing $500 Million in Uber
The new manufacturing unit is expected to create 1,750 new American jobs. The automaker emphasised it is committed to using 100% renewable energy at the new facility to produce the batteries.
Earlier, Toyota's subsidiary Woven Planet announced that it has completed acquisition of Level 5, the self-driving division of rideshare veteran Lyft.
Level 5 is a division of Lyft formed in 2017, specifically dedicated to self-driving technologies. In four years, the self-driving division has reached public road testing of its fourth-generation platform.
Keywords: Toyota, EVs, Battery Factory