CFTC warns of rising scams impersonating its officials

As AI continues to rapidly evolve, it is being used by cyber criminals to increase both the volume and efficiency of their attacks. At the same time, AI is giving defenders new tools.

The cybersecurity threats from North Korea are perpetrated by a myriad of small hacker groups deploying malware and executing social engineering scams.

The post Cisco Cuts Nearly 4,000 Jobs Despite Record Revenue, Redirects Spending To AI And Cybersecurity appeared on BitcoinEthereumNews.com. Cisco Cuts Nearly 4,000 Jobs Despite Record Revenue, Redirects Spending To AI And Cybersecurity Skip to content Home AI News Cisco cuts nearly 4,000 jobs despite record revenue, redirects spending to AI and cybersecurity Source: https://bitcoinworld.co.in/cisco-cuts-4000-jobs-ai-cybersecurity-record-revenue/

The regulatory relief streamlines compliance for prediction market operators dealing with event contract data reporting requirements.

The post CFTC Issues No-Action Letter on Prediction Market Data Reporting appeared on BitcoinEthereumNews.com. The US Commodity Futures Trading Commission’s (CFTC) market and clearing divisions issued no-action relief for fully collateralized event contracts, easing certain swap data reporting and recordkeeping obligations for prediction market operators and clearing organizations. The divisions said Wednesday that they will not recommend enforcement against designated contract markets (DCMs), derivatives clearing organizations (DCOs), or their participants for failing to comply with specified swap-related recordkeeping requirements or for failing to report covered transactions to swap data repositories. Event contracts on prediction markets technically qualify as “swaps” as they are based on binary events. However, the letter argued that similar contracts are listed for trade by DCMs and have more similar characteristics to futures and options on futures, hence enabling firms to repor

The Commodity Futures Trading Commission (CFTC) issued a blanket no-action letter this week, relieving prediction market operators from swap data reporting and recordkeeping obligations tied to fully collateralized event contracts. CFTC Issues Blanket No-Action Letter Cutting SDR Reporting for Event Contracts The CFTC‘s Division of Market Oversight and Division of Clearing and Risk jointly announced […]

The CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen.

CFTC grants no-action relief on event contract reporting, easing swap data duties for DCMs, DCOs and participants amid growing legal fights.