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Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":747,"original_id":null,"author_id":41,"translator_id":null,"title":"What is Spot?","slug":"what-is-spot","section":"S","keyword":"Spot","status":"published","definition":"the transaction involving selling or buying cryptocurrency for its current rate.","content":"<p>A <strong>spot</strong> is a transaction where parties buy or sell <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">
cryptocurrency for its immediate price. <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-spot-trading/">
Spot trading</strong></a> can also involve other assets, like stocks, bonds, or forex. It can occur on both <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-centralized-exchange-cex/">centralized (CEX)</strong></strong></a> and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-decentralized-exchange-dex/">decentralized cryptocurrency exchange (DEX)</strong></a> platforms.</p>\n<p>The physical delivery of the cash, commodity, or instrument is included in most <strong>spot contracts</strong>. The difference in price between a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-are-futures/">future contract</strong></a> and a spot contract takes into account the time value of the payment, which is dependent on <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-are-interest-rates/">interest rates</strong></a> and the time to maturity. Besides, the <a href=https://www.bitdegree.org/"https://en.wikipedia.org/wiki/T+2/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>T+2 settlement date</strong></a> is used for most spot market transactions.</p>","level":"easy","meta_title":"What is Spot? Definition & Meaning | Crypto Wiki","meta_description":"Spot meaning: Spot - the transaction involving selling or buying cryptocurrency for its current rate.","meta_keywords":null,"language":"en","created_at":"2022-03-31T05:45:40.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-spot"},"prevSection":{"id":745,"original_id":null,"author_id":43,"translator_id":null,"title":"What is Supercomputer?","slug":"what-is-supercomputer","section":"S","keyword":"Supercomputer","status":"published","definition":"has superior GPUs and CPUs and is a significantly more powerful computer than a general-use computer in most households.","content":"<p><strong>A Supercomputer is a significantly more powerful version of a general-purpose computer</strong>. Features that distinguish a supercomputer are their greater capacity which enables them to execute a large number of operations, and increased processing power. </p>\n<p><strong>Floating-point operations per second (FLOPS)</strong> is the metric used to <strong>calculate</strong> a <strong>supercomputer’s performance</strong>. The most powerful supercomputers today reach speeds of 100 quadrillion FLOPS. </p>\n<p>Control Data Corporation was the first computer company to introduce a supercomputer. They were first presented to the public in the 1960s thanks to Seymour Cray who spent most of his time researching and developing the first supercomputer. </p>\n<p>We have come a long way from that first supercomputer that was barely utilized for anything back in the 1960s to the supercomputers of the 21st century that are key to technological advancements. </p>\n<p>You might be wondering what purpose supercomputers serve in the 21st century. There are various problems a supercomputer can be used to solve. For example, weather prediction. In order to provide accurate information, meteorologists have to collect data from all over the world. Since it comes from various sources, there is a huge amount of data that general-use computers are not able to compute. On the other hand, supercomputers have all of the capabilities to process the data and provide precise results.</p>\n<p>However, they’re not the perfect machine as of yet. Coming back to the weather prediction example, in order to predict the weather 2 weeks ahead requires one sextillion FLOPS which is not something that any of the current supercomputers is able to process.</p>\n<p>Superpower countries including the United States, China, and Russia are racing to develop and complete the greatest supercomputer. Not too long ago, the countries of the European Union, the United States, and China were racing to complete the first supercomputer that had the capability to reach one quintillion FLOPS in speed. Therefore, it’s only a matter of time until a more powerful supercomputer is introduced by one of these countries.</p>\n<p><strong>When it comes to the crypto sector, supercomputers are utilized in the development of projects</strong>. They could also be the<strong> possible solution to the high energy consumption </strong>and<strong> <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-scaling-problem/">scalability problem</a></strong>.</p>","level":"medium","meta_title":"What is Supercomputer? Definition & Meaning | Crypto Wiki","meta_description":"Supercomputer meaning: Supercomputer - has superior GPUs and CPUs and is a significantly more powerful computer than a general-use computer in most households.","meta_keywords":null,"language":"en","created_at":"2022-03-30T14:36:58.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-supercomputer"},"currentChapter":"S","currentSection":"what-is-spear-phishing","chapterTitle":"S","readingLevel":"medium"},"url":"/crypto/learn/crypto-terms/what-is-spear-phishing","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter S
What is Spear Phishing?
Spear Phishing MEANING:
Spear Phishing -
a targeted attack that aims to force the victim to reveal their personal data.
Let's find out Spear Phishing meaning, definition in crypto,
what is Spear Phishing,
and all other detailed facts.
Spear phishing is a cyberattack targeting a specific victim using personal information acquired from social media or other digital sources. Spear phishing attacks are personalized based on the interests of the victim and use targeted tactics to gain their trust, making this type of threat more dangerous than mass phishing attempts.
Spear phishing attacks are often targeted at specific organizations and their employees to cause disruption to the business and damage the company's reputation. Scammers may send emails pretending to be high-level employees inquiring about personal details in an attempt to breach the system.
Moreover, spear phishing emails often contain malware that infects the computer and steals recorded data. If the target is an organization, the malware may spread through the entire internal system, corrupting sensitive work information.
There are methods to detect whether a suspicious email is a spear phishing attempt, as well as strategies on how to avoid being targeted altogether.
Since these emails are targeted, it’s possible that the attacker already has access to some personal information, such as the victim’s address or phone number. Therefore, you should avoid giving out more personal data to unknown parties.
If a spear phishing is targeting a specific company, the attacker may pretend to be a customer or a supplier – a party that would reliably have contact with the organization in question. This can be harder to detect, particularly if the victim does not have frequent contact with legitimate representatives.
- Organizations should raise awareness of phishing campaigns and provide education programs for employees. The education should concern data protection, security and privacy measures, and ways to detect suspicious emails;
- Organizations should ensure that the email services used are secure and able to easily identify scam and phishing attempts, as well as other malicious attacks.
- Users should always create a backup of their data stored in an external device, such as a USB or in cloud storage;
- All software should be up-to-date to reduce the possibility of system vulnerabilities. Older versions of the software are easier for hackers to breach as they may not contain security updates and patches.
