Last Updated: June 8, 2021
Norton ™ Crypto to Protect Consumers as They Mine for Crypto
In a June 2nd, 2021 press release, the leading cybersecurity firm, revealed the launch of Norton ™ Crypto – a new security feature for crypto miners. It will run exclusively on the company’s Norton 360 platform.
Soon after the announcement, its share price jumped to $28.34 – a 1.6% rise.
Ethereum Miners Are First in Line
The early adopter program will enable Etherium diggers to start working as early as June 3rd.
Vincent Pillet, NortonLifeLock’s CEO, said that the organization knows that miners are a crucial part of its clientele. Therefore, it wants to empower its customers to dig coins safely.
Gagan Singh, the chief product officer, also added that the company was proud to be the first to offer this service. He said that it would allow miners to make use of their PCs to earn some cryptocurrency.
Most antivirus solutions block mining activity as they deem it suspicious. That has led miners to run codes that could compromise their online security for a long time.
The risk involves exposing themselves to malware installations. Additionally, people risk losing their earnings should their hard drives malfunction.
Norton has a firm leg to stand on, with statistics showing that the crypto market has lost around $150 billion in 2021 alone.
Norton ™ Crypto safely transfers and tracks Etherium. It will also use cloud storage, limiting the chances of hacking or loss due to hard drive failure.
Beware that some exchanges may not be trustworthy. Luckily, Techjury has compiled a list of some reliable and honest businesses.