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Tornado Cash’s Token TORN Plunged Yesterday; Snap Inc Is In The Early Stages Of Planning Layoffs: Tech Market Roundup

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Tornado Cash’s Token TORN Plunged Yesterday; Snap Inc Is In The Early Stages Of Planning Layoffs: Tech Market Roundup

Here are some quick tech catch for you so that you stay updated with the latest crypto and tech news

Good morning Tech Fam, here’s a quick tech update for you to catch on:

What’s new today: Twitter has confirmed a zero-day attack that took place in December 2021; TORN plunged yesterday after the US Treasury Department imposed sanctions on the crypto market.

Fast-Trach Insights: Snap Inc is in the early stages of planning layoffs; The impact of the Treasury Department’s crackdown on Tornado Cash; The Indian government is reportedly looking to restrict Chinese brands.

Tornado Cash’s token TORN plunged yesterday after the US Treasury Department imposed sanctions on the cryptocurrency mixer. The crypto token was down 24% during Asian hours to US$22, as per CoinGecko data.  TORN has lost 95% of its value since its all-time high in February last year.

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Bitcoin, the largest cryptocurrency by market capitalization was recently trading just above US$23,200, down more than 2% over the past 24 hours and far removed from its temporary perch of nearly US$1,000 higher earlier Monday. Investors are apparently hunkered down waiting for the morning release of July’s Consumer Price Index (CPI) in the U.S.

Snap Inc is in the early stages of planning layoffs, the Verge reported on Monday, citing people familiar with the plans. The scope of the job cuts is currently unclear as managers are still planning it for their teams, the report said, adding that the Snapchat owner has more than 6,000 employees. Snap declined to comment when contacted by Reuters.

Twitter has confirmed a zero-day attack that took place in December 2021, where the attacker claimed to have obtained information from 5.4 million users on the platform. The attack, which was reported last month, has now been confirmed and the company has said that the exploit that was used to make it happen has been fixed.

The Indian government is reportedly looking to restrict Chinese brands like Xiaomi, Realme, and Oppo from selling budget smartphones in the country. According to sources quoted by Bloomberg in this report, the country’s regime wants to stop these brands from selling smartphones below Rs 12,000 and help the domestic brands kick-start their business once again.

The post Tornado Cash’s Token TORN Plunged Yesterday; Snap Inc is in the Early Stages of Planning Layoffs: Tech Market Roundup appeared first on .

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Cybersecurity

Top 10 White Hat Hacking Courses To Take Up For 6-Figure Salary

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Top 10 White Hat Hacking Courses To Take Up For 6-Figure Salary

These top 10 white hat hacking courses will guide you in predicting vulnerabilities accurately

The rising number of cybercrimes is adversely affecting the security level, hence several organizations are hiring white hat hackers also known as ethical hackers to back up valuable information. Global businesses are also deploying white hat hacking so that the experts can intercept vulnerabilities and ensure that the companies’ security systems are strong enough to hold off hacks and scams. The prominence of white hat hacking has grown dramatically and companies are hiring talented and skilled ethical hackers who can efficiently identify loopholes in a system and protect significant corporations from phishers, hackers, and cyber threats. Now, with the growing ethical hacking ecosystem, tech aspirants are looking for prominent white hat hacking courses that will guide them in learning accurate techniques to predict vulnerabilities. Here are some of the top 10 white hat hacking courses to take up for a 6-figure salary.

  • Top 10 Full-Time Ethical Hacking Courses Available in India
  • Top 10 Ethical Hacking with Python Courses to Take up in 2022
  • Self Learning or College Courses: What is Best for Ethical Hackers?

 

Ethical Hacking: Introduction to Ethical Hacking

If you’re interested in becoming an ethical hacker or getting started securing your own network, this introduction is for you. Security expert Lisa Bock explores today’s threat landscape, dissecting the top attack vectors and motives for attacks. Lisa identifies a variety of ways to secure an organization, explores policies that help enforce security objectives, and more.

Click here to enroll

 

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Ethical Hacking: Scanning Networks

This course investigates the scanning tools and techniques used to obtain information from a target system, including ping sweeps, UDP scans, and TCP flags. Instructor Lisa Bock discusses scanning techniques and their objectives then goes over vulnerability scanning and how to predict possible attack paths.

Click here to enroll

 

Ethical Hacking: Footprinting and Reconnaissance

In this course, Lisa Bock introduces the concepts, tools, and techniques behind footprinting: finding related websites, determining OS and location information, identifying users through social media and financial services, tracking email, and more. Footprinting relies on tools as simple as a web search and dumpster diving, and as complex as DNS interrogation and traceroute analysis.

Click here to enroll

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Ethical Hacking: Enumeration

In this course, instructor Malcolm Shore teaches the basic methods of enumerating networks and targeting systems with common enumeration tools. Malcolm explains what enumeration is and gives you opportunities in the course for hands-on experience. He covers enumeration for local and remote hosts.

Click here to enroll

 

Ethical Hacking: Vulnerability Analysis

In this course, security expert Lisa Bock takes a deep dive into the topic of vulnerability scanning, covering what you need to know to find and address weaknesses that attackers might exploit. Lisa goes over the basics of managing organizational risk, discusses vulnerability analysis methodologies, and shows how to work with vulnerability assessment tools, including Nikto and OpenVAS. Plus, she shares tools and strategies for defending the LAN.

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Click here to enroll

 

Ethical Hacking: System Hacking

This course explains the main methods of system hacking—password cracking, privilege escalation, spyware installation, and keylogging—and the countermeasures IT security professionals can take to fight these attacks. Security expert Lisa Bock also covers steganography, spyware on a cell phone, and tactics for hiding files and tools.

Click here to enroll

 

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Ethical Hacking: The Complete Malware Analysis Process

This course introduces the different types of malware (malicious software) that can be used to exploit a target computer. It covers viruses and worms—malware that can propagate itself onto other computers through removable media or networks—as well as Trojans and backdoors.

Click here to enroll

 

Ethical Hacking: Sniffers

Security ambassador Lisa Bock explains what a sniffer is, and how hackers use it to intercept network traffic. She reviews the seven-layer OSI model, active vs. passive attacks, and the different types of protocol attacks, including MAC and macof attacks, DNS caching and forgery, DHCP denial-of-service attacks, and ARP cache poisoning.

Click here to enroll

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Ethical Hacking: Social Engineering

In this course, cybersecurity expert Lisa Bock discusses the methods a hacker might use, including embedding malicious links and attachments in emails and using mobile devices and social media to deploy an attack.

Click here to enroll

Ethical Hacking: Denial of Service

In this course, learn about the history of the major DoS attacks and the types of techniques hackers use to cripple wired and wireless networks, applications, and services on the infrastructure. Instructor Malcolm Shore covers the basic methods hackers use to flood networks and damage services, the rising threat of ransomware like Cryptolocker, mitigation techniques for detecting and defeating DoS attacks, and more.

Click here to enroll

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The post Top 10 White Hat Hacking Courses to Take Up for 6-Figure Salary appeared first on Analytics Insight.

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Cryptocurrency

What Steps Should Be Taken For Crypto Holders Who Don’t Pay Tax

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What Steps Should Be Taken For Crypto Holders Who Don’t Pay Tax

Want to invest in cryptocurrencies? Here is how you will pay your income tax.

A cryptocurrency is a form of electronic cash and a decentralized digital asset. Launched in 2009, Bitcoin was the initial cryptocurrency in the world. The Indian cryptocurrency market has faced numerous regulatory obstacles. An estimated 5 million dealers across 24 exchanges traded in India, with daily trading volumes of up to 1,500 Bitcoins equaling about Rs. 1 billion. Moneycontrol.com reports that during the nationwide lockdown, bitcoin trading volume in India soared by 400%. The tax implications of cryptocurrency gain realization are currently unknown under Indian income tax law. It is important to note that India’s tax authorities have not yet classed cryptocurrency return income under any specific bracket and there are currently no plans to do so.

The aforementioned transaction won’t be subject to taxation under the Income Tax Act of 1961 (“ITA”) if cryptocurrency is classed as money. The phrase “income” as defined under section 2(24) of the ITA gives an inclusive list that does not cover “money” or “currency,” and the RBI does not regard cryptocurrencies as currency. While cryptocurrency would fall under “Capital Gains” or “Profit and Gains from Business or Profession” if it were viewed as property or goods, respectively.

With Mr. Anurag Singh Thakur, Minister of State for Finance, stating on March 28, 2021, that “the gains resulting from the transfer of cryptocurrencies/assets are subject to tax under a head of income, depending upon the nature of holding of the same,” it is now certain that cryptocurrency gains will be taxed. It has been decided that cryptocurrencies would not be considered legal tender in India and will be subject to taxation. The main question is whether virtual currency revenue is considered company income or capital gains. The money should be taxed as business income if the seller is a trader by profession. If it is not company income, it would be subject to capital gains tax.

If cryptocurrency is bought by a taxpayer to invest in it, it may be considered to be a capital asset. A person’s possessions of any type, whether or not they are related to his or her business or profession, are referred to as capital assets under Section 2(14) of the ITA. Although the word “property” has no legal definition, it refers to any kind of interest that a person would be able to acquire, own, or enjoy. Therefore, if bitcoin is held for investment purposes, any gain from its transfer may be regarded as capital gains. Depending on the holding time, infrequent crypto transactions may be seen as long- or short-term capital gains. Gains from holding cryptocurrencies for 36 months or longer would be taxed as long-term capital earnings; gains from holding them for less time would be taxed as short-term capital gains. Short-term capital gains are taxed at the applicable taxpayer-specific slab rates. And with the benefit of indexation, long-term capital gains are taxed at a flat rate of 20%.

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However, it may be determined that the taxpayer is trading in cryptocurrencies if the transactions are considerable and regular, in which case any earnings would be subject to business income tax. Similarly, money derived from cryptocurrencies will be subject to tax under business income if they are held as “stock in trade.” As a result, the ongoing cryptocurrency trading activity and any profits made are taxable as business income. Although the revenue authorities could argue that such trading is classified as speculative income, which would hurt taxpayers.

In closing, virtual currencies have the potential to improve India’s digital infrastructure and lower infrastructure costs incurred by banks due to international payments, securities trading, and regulatory compliance. Government clarification on cryptocurrency taxation is still needed, especially regarding matters like how capital gains or business income should be handled, whether income is considered to be speculative, whether losses can be set off against gains or carried forward, and whether gift tax provisions are deemed should be used.

The post What Steps Should Be Taken for Crypto Holders Who Don’t Pay Tax appeared first on Analytics Insight.

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Artificial Intelligence

Robotics Is Part Of Computer Science, Or Maybe Engineering

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Robotics Is Part Of Computer Science, Or Maybe Engineering

Engineering, or even computer science, includes robotics

Software and hardware both makeup robots. Engineering techniques are applied to create the robot’s physical components, while computer science is used to create the software that provides the machine with the intelligence it needs to do its work. As a result, robotics is an engineering and computer science topic that crosses several disciplines and is mainly used in AI. Automation reduces the need for human intervention through the use of robotics. The term “robotics” was taken from the word “robot,” which was popularised by Czech playwright Karel Capek in his 1920 play, Rossum’s Universal Robots (R.U.R).

 

The foundation of a robot is composed of these basic elements. A typical robot is composed of three fundamental parts. They are:

  • Mechanical components
  • Electrical components
  • Software components

Mechanical Components – Robotic Hardware

All robots are built in some fashion, whether it be a frame, form, or shape, that is intended to carry out a specific purpose. The mechanical engineering component primarily focuses on developing the robot’s shape for its intended use. Electrical components power and regulate the machinery of robots. These parts give the robot energy and enable it to do the task at hand.

 

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Electrical Components – Robotic Electronics

Electrical components of the robot power and regulate the robotic equipment. With the aid of a basic electrical circuit, the electric current flows through wires to operate a system of sensors and motors and comes from a power source or battery. Electrical signals are used for various types of sensing, including the sense of heat, sound, position, or the state of the robot’s energy supply, as well as for the robot’s operation. Robots are controlled electrically through motors rather than their mechanical components (Robots require some degree of electrical energy to activate and move their motors and sensors).

 

Software Components – Robotic Software

The majority of robots have some sort of software component that allows for programming. It is the instruction set that a robot utilizes to decide when or how to act. The effectiveness of a robot is directly proportional to the caliber of its software. The software of a robot determines how well it performs, regardless of how well its mechanical and electrical components are built.

Three different categories of robotic programs exist:

 

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Manual control

The robot’s function when a human operator physically controls the robot’s mechanical, electronic, or software components.

 

Autonomous control

An autonomous robot’s programming will establish a series of decision-tree-based pre-programmed orders that will only be carried out when the robot gets a signal from a control source, such as a person using a remote control.

 

Artificial Intelligence based control

Artificially intelligent AI robots are the most powerful category of robots. They can interact with their environment on their own without the need for a control source. They can compute their responses to the objects and issues they come across using the pre-conditioned software. These kinds of robots often continuously learn over time as they are put through their paces.

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The Future of Robotics and Robots:

Robots will continue to progress from being rote machines to collaborators with cognitive abilities thanks to improved sensor technology and more astounding developments in machine learning and artificial intelligence. Robotics will greatly benefit from these developments, which are on an upward trajectory for these and other related sectors.

We may anticipate seeing greater numbers of increasingly smart robots coexisting with humans in more contexts. These upgraded robots won’t replace workers, despite the predictions of doomsday prophets with a gloomy mindset. In the face of new technologies that create new prospects for employment and education, industries flourish and fall, and some even become obsolete. Robots are an example of this. The requirement for qualified experts to program, maintain and repair the machines will likely outweigh the necessity for human employees to weld car frames. This frequently entails that workers may acquire beneficial in-house training and upskilling, providing them with a set of abilities that they may use in disciplines and industries other than robotics, including programming and maintaining robots.

The Future of Robotics: How Robots Will Change the World:

Robotics will boost productivity and economic growth while giving many people throughout the world new work opportunities. However, there are still warnings about significant job losses, such as predictions of 20 million manufacturing job losses by 2030 or the possibility of 30% of all employment being automated by that year.

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However, because of the consistently high levels of precision that robots provide, we can anticipate that they will take on more of the taxing, redundant manual labor activities, improving healthcare, and transportation, and freeing up people to improve themselves. Time will ultimately determine how this all turns out, of course.

The post Robotics Is Part of Computer Science, or Maybe Engineering appeared first on Analytics Insight.

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