Month: December 2024

‘Brain rot’ wins as Oxford’s word of the year

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According to Oxford University Press, which publishes the Oxford English Dictionary (OED), the term ‘brain rot’ is defined as the “supposed deterioration of a person’s mental or intellectual state” as it relates to overdosing on online content without much of a narrative — like TikTok videos. Brain rot is also the outfit’s so-called word of … Read more

Japanese Crypto Exchange DMM Bitcoin to Shut Down After $305M Hack

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Japanese crypto exchange DMM Bitcoin will shut down and transfer its accounts and assets to trading platform SBI VC Trade in March next year, it said in a <a href=”https://bitcoin.dmm.com/news/20241202_01″ target=”_blank”>statement</a> on Dec. 2. The decision was made after the exchange suffered a hack in May. Hackers siphoned off over 4502.9 bitcoin (BTC), worth nearly … Read more

Customer Identification & Fraud Detection from Maruti Techlabs’ Playbook: A Banking Case Study

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Expertise Delivered Product Development & QA Industry Banking Client Brief The client is a prominent banking group in the UAE established in 1985, known for its diverse services and products: private banking, commercial banking, wealth management, corporate banking, foreign exchange, project finance, property management, and more. With an aspiration to be the #1 bank in … Read more

Ether’s Price Chart Now Mirrors a Pattern That Foretold Bitcoin’s Record Rally

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Ethereum has recently been making waves for the right reasons, providing bullish cues to its native token, ether (ETH). Now, the cryptocurrency’s price chart reveals a compelling pattern reminiscent of the set-up in bitcoin (BTC) before it chalked out a record rally last month. Ether’s three-line break chart, which filters out day-to-day noise and erratic … Read more

AWS wants to make your call center interactions less painful

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Slowly but surely, Amazon’s AWS cloud computing unit has become a major player in the call/contact center space with its Amazon Connect cloud-based (and AI-centric) contact center service, which launched back in 2017. Today, companies like Air Canada, Dish Network and U.S. Bank use the platform for their customer service needs. At its annual re:Invent … Read more

AWS launches an incident response service to combat cybersecurity threats

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Companies often struggle with how to respond to cybersecurity incidents. According to one recent poll, only three out of five organizations have an incident response plan in place, and only around a third do regular drills to ensure that their plans remain effective. The consequences of poor incident response are costly. The International Monetary Fund … Read more