Posts Tagged ‘Sports Betting Scam’

GAN, SBTech ink US-facing sports betting partnership

gan-sbtech-sports-betting-partnershipGaming technology providers GAN and SBTech have formed a strategic relationship to prepare for the expected legalization of sports betting in the United States.

On Monday, the two companies announced their prospective deal under which SBTech would provide real-money sports betting services to GAN’s US casino clients, more than a dozen of which currently utilize GAN’s Simulated Gaming free-play online social casino product.

Specifically, GAN’s GameStack enterprise software platform will integrate SBTech’s sports betting solution, allowing GAN’s casino clients to offer sports betting options via both retail and online positions.

SBTech CEO Richard Carter called the new partnership “a logical step for SBTECH and allows the company to rapidly introduce its sports betting technology and services to a wide range of US casinos.”

GAN CEO Dermot Smurfit logrolled right back, saying GAN had partnered with SBTech due to the company’s “technical capability, US licensing suitability, ability to integrate seamlessly with GAN’s enterprise software platform and the sophistication of their managed sports services.”

Smurfit also said several of GAN’s US casino clients were chomping at the bit to add sports betting to their product mix. These casinos evidently share the growing expectation that the US Supreme Court will partially or entirely strike down the federal sports betting prohibition later this year in response to New Jersey’s efforts to offer legal sports wagering on par with what’s allowed in Nevada casinos.

GAN currently powers Betfair’s New Jersey real-money online casino, putting the new GAN/SBTech duo in the driver’s seat should the Supreme Court side with New Jersey. GAN also has a prospective real-money deal with the Parx Casino in Pennsylvania, which authorized sports betting in last year’s gambling expansion legislation, pending a favorable Supreme Court outcome.

In related news, sports betting data provider BetRadar announced plans to provide a “comprehensive range of tools and services,” including risk management and trading services, to US companies looking to cash in on legal sports betting.

The company, a division of sports data and integrity firm Sportradar, said it too was acting in response to requests from existing clients. BetRadar already provides services to many Nevada sportsbooks and stands ready to expand its reach into other states that could pounce on any relaxation in the federal betting ban.

While BetRadar’s US VP of sales Neale Deeley copped to the “good deal of uncertainty” regarding legal betting’s arrival, the company is nonetheless extending its data coverage “so that we are the clear market leader in terms of US and US-relevant sports and competitions.”

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Article source: https://calvinayre.com/2018/01/15/business/gan-sbtech-sports-betting-partnership/

Bede Gaming expands offering with Kiron Interactive partnership

Bede Gaming, supplier of software to the online gaming industry, is further expanding its content offering via an agreement with virtual sports provider Kiron Interactive.

The deal will see Kiron’s full suite of 20 virtual sports and numbers games integrated into Bede’s content aggregator platform, PLAY.

Kiron’s virtual portfolio includes football, horse racing, greyhound racing and motor racing titles.

The games will be available to all of Bede’s partners, including Tier 1 operator The Rank Group.

Michael Brady, CEO of Bede Gaming, commented: “Virtual sports have become an increasingly important gaming vertical in recent years and sits well between casino and sports betting.

“We’re always looking to build on our products with high end games, so it was important to extend Bede PLAY’s virtual offering, and with Kiron’s portfolio among the strongest of its type in the industry, adding Kiron made sense.

“Our operator partners will have access to world-class virtual sports games, which will significantly improve retention, cross-sell and engagement.”

Steven Spartinos, CEO of Kiron Interactive, added: “Many innovative operators have partnered with, and benefited from, Bede over the past few years, so we are excited to bring our games to new audiences, where we know they will perform strongly.”

Bede’s platforms offer completely flexible gaming solutions with robust security measures, and is fast establishing itself as the first-choice option for innovative operators globally.

Founded in 2012, Bede Gaming employs the latest in modern technology to provide operators with high performing software used to create world class gaming experiences.

Towards the end of last year, Bede Gaming placed 76th on the Sunday Times Hiscox Tech Track, a league table documenting Britain’s fastest growing tech organisations.

 

Article source: https://sbcnews.co.uk/products/virtual-sports/2018/01/10/bede-gaming-expands-offering-kiron-interactive-partnership/

Betsoft Gaming secures partnership deal with BtoBet

Visionary iGaming developer Betsoft Gaming, architects of the Shift™ platform, have announced that they have signed a partnership deal with renowned worldwide operator BtoBet. Under the terms of the partnership, BtoBet will be taking on Betsoft’s complete suite of iGaming entertainment, including the iconic Slots3™ collection of true 3D video slots and the ToGo™ line of premium mobile gaming.

Betsoft Gaming Secures Partnership Deal with BtoBetBtoBet have recently won “Rising star in Sports Betting Innovation” at the SBC Award in London and as “Best Sports Betting Innovation 2017” in Budapest.

“BtoBet is a leading company and true pioneer in our business,” said Anna Mackney of Betsoft. “They carefully study both existing and emergent technologies to apply that strength to the quality of their service. Future-ready and flexible, BtoBet offers their clients the total package of customer support backed by many years of professional experience in the field. Our full suite of solutions, including Key Performance Indicator reports, will be invaluable to them. We are beyond thrilled to be partnering with them, and look forward to a lucrative business relationship as we lead the iGaming industry together.”

“I’m proud of the recent agreement signed with Betsoft,” said Alessandro Fried, BtoBet’s chairman. “Its high level digital games combined with BtoBet’s technological platform will perfectly fit our exigent clients’ needs and, at the same time, the players’ expectations. These incredible games are going to greatly enhance our offering to players, and the quality is second to none. I feel that we will reach more players and expand our business, equipped with Betsoft’s games and back office solutions.

“BtoBet’s clever business analysis offered by its iGaming intelligence provides real time and accurate data analysis per customer in order for the operator to automatically segment the players base and to build easily the best strategies, specific promotional activities and more effective ad hoc marketing campaigns,” continued Mr. Fried.

About BtoBet

BtoBet is a multinational company and is part of a group with 20 years of experience in software development in IT, finance, telecommunication, e-commerce and banking, strongly committed to technology and widely investing in technology research and development. The experience gained in these advanced environments, allows BtoBet to be visionary in the iGaming and Sports betting industry with a deep understanding of the requirements of the market, catching changing trends and anticipating bookmakers’ and operators’ needs. BtoBet is a true partner in technology, offering a standalone platform and services for the iGaming and Sports Betting industry. It counts on a very talented, continuously trained development team and day to day management support to clients. BtoBet allows licensees to be unique in the market, by giving them the opportunity to completely personalise their offers for Sports betting and iGaming business, online mobile and retail. BtoBet has technical branches with large ever-growing teams of developers in Skopje, Ohrid, Bitola, Belgrade, Nish, Tirana, and Rome. Malta hosts the commercial and marketing centre. Visit our site on: www.btobet.com 

About Betsoft Gaming:

Betsoft Gaming, broadly known as the innovator and leader of true 3D cinematic gaming, is a Tier One developer and provider of complete system online gaming software. With a game library of over 190 games including the iconic Slots3™ series, Betsoft Gaming has met and exceeded the quality found in console video games and animated feature films. Starting in 2012, Betsoft initiated a concentrated push into the mobile gaming sector, converting their popular Slots3™ games to be available as the ToGo™ collection. Betsoft Gaming’s extensive portfolio of clients includes some of the top gaming operations in the industry.

For marketing or press queries, please contact press@betsoft.com or visit www.betsoft.com.

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Article source: https://calvinayre.com/2018/01/10/press-releases/betsoft-gaming-secures-partnership-deal-btobet/

UltraPlay elevates its eSports betting solutions at ICE 2018

Advanced betting solutions provider UltraPlay will present its premium eSports betting suite during the upcoming ICE Totally Gaming (6-8 February), in London.

UltraPlay elevates its eSports betting solutions at ICE 2018With its 7 years at the iGaming frontline, UltraPlay is fully prepared to present its latest products and expanded portfolio to all delegates who are invited to the company’s booth #S1-110.

Among the company’s extended offerings and highlights this year to catch the attendees’ interest are:

Esports betting solutions – The revolutionary match-predicting system offering the widest odds feed on the market right now – odds.gg will be presented with the latest add-ons and upgrades made by the company in the last 12 months. Besides the most popular game titles, UltraPlay has expended its odds feed with Heroes of the Storm Live, Kind of Glory also covering live betting as well as FIFA Interactive World Cup and GWENT. Along with the diversified coverage of 25 competitive games, UltraPlay offers 3000+ eSports events monthly as well as 1500+ in-play events. UltraPlay’s team will answer why eSports betting holds great potential, and how the iGaming brands can benefit from it.

Trading services – The advanced risk management and trading panel empowers larger operators with trading teams to fully control their pre-match and live offer leading to a successful iGaming operation.

Advanced betting platform and world-class iframe solution – Turnkey solution powered by UltraPlay will meet all requirements of operators searching to expand their betting options in order to elevate players’ experience. Growth is only possible with a reliable partner such as UltraPlay with a platform backed up with a wide range of functionalities and cutting-edge technology. The figures don’t lie – 50+ sports, more than 30,000 live events per month as well as 2000+ betting markets.

eGold – the ultimate eSports betting cryptocurrency will be presented during its crowdsale. All interested in the project can subscribe to the sale at: https://egold.gg/subscribe/. Blockchain technology for eSports betting will be shown on Buff88, an eSports dedicated platform, which is going to be released this month. As a crypto and eSports dedicated brand, a number of cryptocurrencies will be available on Buff88, starting with Bitcoin as well as eGold. Attendees will be acquainted with the project’s goals and advantages of the Blockchain-based betting.

UltraPlay is in Bitcoin since 2013 and during ICE will share its in-depth knowledge on how iGaming brands can lead the Blockchain technology wave and benefit from the advanced betting solutions. Latest information regarding eGold is available at: www.egold.gg

About UltraPlay:

UltraPlay is a modern technological company, founded in 2010, with the core ambition to offer an innovative approach to the online gaming industry by providing advanced betting solutions, focused on eSports, sports betting, casino, live betting and bitcoin solutions.

Assembled by a team of iGaming professionals with vast experience in betting product development, operations, eSports and marketing, UltraPlay is a trusted partner for delivering superior sports software and odds products to its customers. Learn more about the company here: www.ultraplay.co

Press contact:
Lyubomira Petrova
PR and Marketing Manager at UltraPlay
Email: l.petrova@ultraplay.co

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Article source: https://calvinayre.com/2018/01/12/press-releases/ultraplay-elevates-esports-betting-solutions-ice-2018/

Sporting Solutions announces pricing partnership with Svenska Spel

11th January, 2017 – Award-winning sportsbook and lottery supplier Sporting Solutions, part of the Sporting Group, has today begun to supply Swedish lottery Svenska Spel with its outsourced pricing services (OPS).

Sporting Solutions announces pricing partnership with Svenska SpelSporting Solutions saw off numerous sportsbook suppliers to win the competitive public procurement, and has entered into a partnership which runs for an initial year, with Svenska Spel holding an option for a further year.

The deal will see Sporting Solutions supply pre-match and in-play pricing across various core sports for the Swedish market, including tennis, soccer, American football and ice hockey, amongst others.

Sporting Solutions’ OPS combines best-of-breed algorithms, official data and longstanding trading heritage to deliver margin enhancing pricing across 25+ sports.

Svenska Spel will also benefit from Sporting Solutions’ ‘self-trade’ technology, allowing them to leverage their traders’ local expertise to differentiate effectively against generic white-label and private operator offerings.

Simon Trim, CEO of Sporting Group, said: “Svenska Spel are one of the most established names in lottery sports betting with a very strong customer base, and we are very proud to announce them as our latest lottery partner.

With the help of our pricing and trading services they will be better able to compete with private operators in their liberalising domestic market.  Their ability to use our software to pool further resources into local sports will increase differentiation, drive acquisition and help maintain their position as a market leader.

We look forward to forging a successful partnership with Svenska Spel and to expanding our services in the Nordic region.”

Fredrik Wastenson, Vice President Products and Services at Svenska Spel, said: “We committed to a competitive procurement process in 2017 to attract a sportsbook supplier able to provide us with expansive content, accurate pricing and strong heritage in the industry, and we’re confident Sporting Solutions can deliver on all three.

“Having seen their trading solutions first hand, it’s clear they’re built on decades of experience delivering profitable models across numerous sports. We look forward to leveraging this, in partnership with our own trading team, to deliver the sportsbook our customers deserve.”

The Sporting Group is licensed by both the UK Gambling Commission and the Financial Conduct Authority, putting it in the unique position of having the strongest financial probity alongside market-leading commercial success.

It has also recently launched its revolutionary RMS product, which empowers lotteries and private operators to differentiate their offerings with Sporting Solutions managing pricing, trading, automated risk management and back-office operations.

Sporting Solutions is the B2B division of the UK’s widely respected Sporting Group. Alongside market-leading pricing, data and software solutions, its partners benefit from deep trading expertise not available elsewhere in the outsourced market. It is a partner to 40+ operators in regulated jurisdictions, the majority of which are either lottery or Tier 1 2 operators.

While Sporting Solutions is global in outlook, with partners from Europe to Australia, it is focussed on supporting partners to be leaders in their local markets. Rather than providing a “one size fits all” solution; it works with partners to fulfil their specific needs, based on an intrinsic understanding pricing, trading and risk management.

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Article source: https://calvinayre.com/2018/01/11/press-releases/sporting-solutions-announces-pricing-partnership-svenska-spel/

Favourable December football results see Kambi revise Q4 outlook

Issuing a market statement, Nordic Nasdaq-listed sports betting platform/software supplier Kambi Plc, has revised its Q4 2017 corporate revenue forecasts, due to favourable football results recorded during the month of December.  

Updating investors, Kambi details that its was able to maintain an ‘all-time high sportsbook margin of 9.7%’ during its Q4 2017 trading, a figure which is significantly higher than its target ‘average margin’ of 6.5 – 7.0%.

“The full speed of the football season over Q4 paired with a December month which was particularly strong for the sports-book operators, and with results in favour of the operators within top football leagues (70% of Kambi’s sportsbook), Kambi’s sports book margin for Q4 17E came in at historical highs of 9.7% (and an operator index at 196 -19% y/y growth)” read a Danske Bank  equity research analyst note.

Following its ‘upbeat trading’, Kambi governance now estimates its topline fourth-quarter revenue to be in the range of €18.8 – €19.2 million, which will include the a circa €800,000 cost related to the contract renegotiation of 888Sport.

Closing its trading statement, Kambi governance informs that it will present its Q4 2017 corporate results on 14 February 2018 – 07:45 CET.

Article source: https://sbcnews.co.uk/sportsbook/2018/01/10/favourable-december-football-results-see-kambi-revise-q4-outlook/

Megafeed to offer all-in-one platform

Data brand Megafeed is integrating four key products into a single offering.

In doing so, gaming and sports betting software supplier BetConstruct’s live scouting data arm will make access to its streams, odds feed and statistics simpler than ever.

The roll-out of the new platform gives Megafeed partners a streamlined service to deliver to customers.

Samvel Nersisyan, head of Megafeed and VP of strategic partnerships at BetConstruct, said: “Megafeed has been a renowned live scouting data provider in the industry for the past four years. Now, for the first time, it is offering an all-in-one platform where several products are deployed together – live video streaming, odds feed, statistics and scouting data.

“These additions will reduce the workload of traders, saving time and improving the quality of their work.”

Megafeed’s odds feed offers more than 2,000 markets across over 140 sports types.

“Now we offer live scouting data that reaches traders in 0.5 seconds,” added Nersisyan. “The offer is enhanced with bespoke, non-average odds created by 350 traders. We also have a service to detect and prevent suspicious fixed matches through which our partners get information about risky matches.”

Visitors to BetConstruct at ICE Totally Gaming 2018 can view a full demonstration of the Megafeed product and its capabilities.

Article source: https://www.intergameonline.com/igaming/news/megafeed-to-offer-all-in-one-platform

LA Dodgers Expand Commitment To Innovation With Announcement Of Global Sports Venture Studio With R/GA – SYS


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LOS ANGELES, Jan. 8, 2018 /PRNewswire/ — The LA Dodgers are leading innovation in the sports industry through the launch of a global sports innovation platform designed to enable and support strategic collaborations between forward-thinking organizations and emerging startups.

Global Sports Venture Studio logo

Global Sports Venture Studio logo

Building on the success of previous Dodgers Accelerator programs with R/GA, the Global Sports Venture Studio will significantly evolve the program model to approach innovation as a team sport. The Studio invites participation from Partners across the sports, technology, and entertainment spectrum including teams, leagues, player associations, media/broadcasters, sports apparel companies, retailers, industry vendors, esports organizations, sports betting and fantasy sports platforms, among others.

Designed to be an ongoing initiative, the Global Sports Venture Studio will lay the groundwork for efficient, risk-controlled innovation through analysis, diligence, and business/creative strategy combined with startup sourcing, engagement opportunities, and investment. Startups will be selected to align with Partners’ strategic objectives.

“The Dodgers organization has seen great success with our previous accelerator programs by embracing disruption and taking a close look at new technologies and shifts in consumer behavior,” said Tucker Kain, Dodgers Chief Financial Officer. “We now want to open up this platform for others in the global sports and startup ecosystem to experiment with innovation, share success and grow as an industry.”

Innovation work will be supported by a program of curated events throughout the calendar year as well as by original content and data exclusive to Studio Partners. Studio activities will take place globally, with initial modules in New York and Los Angeles followed by expansion to London and other cities that are testbeds for sports innovation.       

Studio Partners will receive an abundance of opportunities and benefits from participation in the Studio, including:

  • Knowledge capital in the form of access to research and insights around trends and tech relevant to Partners’ businesses
  • Customized innovation assessments
  • Identification of, and access to, curated networking opportunities
  • Access to exclusive events, content, and data  
  • Pilot integrations and other customized engagement with Studio-affiliated startups
  • Investment opportunities

“The Dodgers Accelerator not only provided us access to category leading startups and innovation opportunities that matched our strategic interests, it also provided implementation support for pilots,” said Devin Poolman, SVP Digital Product Development at Fox Sports. “With this new expanded model and global focus, I am excited to see their program add even more horsepower, and continue to deliver value for both organizations like ours and for the sports industry as a whole.”

The Studio will index to growth-stage startups, however startups of any stage and at any geographic location are strongly encouraged to apply. Startups will be selected on a rolling basis and will not be required to relocate.

“Our programs are designed to provide value to our corporate program partners and to startups,” said Stephen Plumlee, Global Chief Operating Officer of R/GA and Managing Partner of R/GA Ventures. “By evolving the program model towards a more collaborative and global approach, the Global Sports Venture Studio will better enable program partners to capitalize on disruptive technologies and emerging consumer behaviors on an ongoing basis.”

Participating startups will gain significant value from a combination of financial capital, creative capital, and Partner network capital, including:

  • Introductions to Studio Partners, R/GA’s network of industry-leading clients and affiliated Interpublic agencies, and companies associated with Elysian Park and its ownership group
  • Potential investments from Elysian Park Ventures, R/GA Ventures, other Studio Partners, and a curated network of investors
  • Access to teams of strategists/designers/writers/technologists to help develop products, services, and brand value
  • Press/PR opportunities supported by R/GA’s Corporate Communications team

For more information about the Studio, about opportunities for Partners, or to apply as a startup, please visit: www.globalsportsventurestudio.com and @GlobalSportsVS on Twitter.

About the LA Dodgers:
The Los Angeles Dodgers franchise, with six World Series championships and 22 National League pennants since its beginnings in Brooklyn in 1890, is committed to a tradition of pride and excellence.  The Dodgers are dedicated to supporting a culture of winning baseball, providing a first-class, fan-friendly experience at Dodger Stadium, and building a strong partnership with the community. With the highest cumulative fan attendance in Major League Baseball history, and a record of breaking barriers, the Dodgers are one of the most cherished sports franchises in the world.

Visit the Dodgers online, follow them on Twitter @Dodgers and like them on Facebook at www.facebook.com/Dodgers.

For media information, visit www.dodgerspressbox.com.  

About the Elysian Park Ventures:
Elysian Park is a private investment firm created by the ownership group of the Los Angeles Dodgers that partners with exceptional entrepreneurs operating at the intersection of sports, technology, and entertainment. Learn more at elysianpark.ventures.

About R/GA Ventures: 
R/GA Ventures helps industry leaders embrace disruption, connecting them with emerging startups, technologies and consumer behaviors to drive their businesses forward. Since 2013, the R/GA Ventures portfolio has grown to include more than 80 companies across a variety of verticals. R/GA Ventures and R/GA are part of the Interpublic Group of Companies (NYSE: IPG), one of the world’s largest advertising and marketing services organizations. Learn more at ventures.rga.com and by following @rgaventures.

 

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SOURCE R/GA Ventures

Article source: http://news.sys-con.com/node/4217213

Top operator EDITEC chose BtoBet as technological partner to grow its business on line, across the whole African …

EDITEC, a leading sports betting, lottery and gaming operator in Africa, with a strong presence in twenty countries as well as offices across Europe and the Middle East, signs a partnership agreement with the multinational iGaming platform and Sportsbook provider BtoBet.

TOP OPERATOR EDITEC CHOSE BTOBET AS TECHNOLOGICAL PARTNER TO GROW ITS BUSINESS ON LINE, ACROSS THE WHOLE AFRICAN CONTINENTOnline, EDITEC operates under the renowned brands of Premier Bet, SBA, Guinee Games, and RS Betting and is one of the fastest growing online operators in a number of regions in Africa, already with a well-established retail estate and network of agents.

Alex Rutherford, EDITEC Head of Online, stated:

‘We were extremely impressed by the flexibility and functionality of the BtoBet platform and look forward to an incredible partnership which will push EDITEC’s brands to the next level and give our customers a truly exciting betting experience’.

Commenting on the partnership, BtoBet’s Chairman Alessandro Fried reported:

“The growing number of gamblers and the spread of mobile in Africa is indicating the need to adopt a suitable platform and fitting software to have the greatest insight into players’ data and behaviour in order to drive and manage the gaming business in the most efficient way. In this perspective, we are very proud to support EDITEC as a partner in Africa and to provide our technology and solutions, to increase the company’s revenues.” 

About BtoBet

BtoBet is a multinational company and is part of a group with 20 years of experience in software development in IT, finance, telecommunication, e-commerce and banking, strongly committed to technology and widely investing in technology research and development. The experience gained in these advanced environments, allows BtoBet to be visionary in the iGaming and Sports betting industry with a deep understanding of the requirements of the market, catching changing trends and anticipating bookmakers’ and operators’ needs. BtoBet is a true partner in technology, offering a standalone platform and services for the iGaming and Sports Betting industry. It counts on a very talented, continuously trained development team and day to day management support to clients. BtoBet allows licensees to be unique in the market, by giving them the opportunity to completely personalise their offers for Sports betting and iGaming business, online mobile and retail. BtoBet has technical branches with large ever-growing teams of developers in Skopje, Ohrid, Bitola, Belgrade, Nish, Tirana, and Rome. Malta hosts the commercial and marketing centre. Visit our site on: www.btobet.com 

About EDITEC

Founded in 1997, Editec has established a unique business model with headquarters in the UK, online IT centers in Sweden and Romania, hardware and distribution division in France as well as a satellite advisory office in Lebanon.
All divisions exist as separate entities to enhance efficiency and flexibility.
The retail division operates through an extensive network of local agents, franchising, betting shops, points of sale, mobile and online platforms. In total, there are over 650 shops and 55,000 points of sale providing lottery and sports betting services across its footprint. The retail operations in Africa provide employment to over 60,000 local people. In the upcoming year, Editec is seeking to open retail operations in three more countries.

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Article source: https://calvinayre.com/2017/12/22/press-releases/top-operator-editec-chose-btobet-technological-partner-grow-business-line-across-whole-african-continent/

Affiliate Websites Spoof Cryptocurrency Exchanges

Fake landing pages are spoofing websites for popular cryptocurrency exchange desks, TheNextWeb reports.

The pages, which are meant to look like legitimate websites for exchanges such as Binance, actually only contain affiliate links programmed to forward visitors to the real exchange websites.

While the Binance spoof doesn’t appear to steal users’ credentials, websites that use affiliate links can make money for business referrals. Affiliates of Binance, for example, receive 50 percent of the trading fees of any signees they’ve brought to the exchange desk.

“The commission you receive from the referral program will initially be set at a rate of 50 percent. This will then be adjusted after a certain period of time based on the situation,” the exchange’s affiliate terms read.

There are some ways to tell a genuine exchange website apart from an illegitimate one. To spot fake pages, users should check the certificates in the upper-left corner of their web browsers.

Users should also look to see if a website purporting to be legitimate updates exchange rates in real-time — the real Binance site does, for example. Copycat websites also may show a poorly placed “sign up first” button.

Binance is hardly the only cryptocurrency site to be the subject of copycats. Last September, Bitfinex warned users that attackers had made a phishing website designed to look like the company’s legitimate site, the blog reported.

Of course, other industries have fallen prey to spoof websites. In September, Equifax linked to a page on a fake version of its website created by an software engineer who was trying to demonstrate vulnerability of the credit rating agency’s site.

The news of the Binance spoof comes after two high-profile cryptocurrency thefts that netted tens of millions of dollars for schemers. In December, hackers made off with $64 million, and, in November, a heist brought in $30.95 million.



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Article source: https://www.pymnts.com/fraud-attack/2018/cryptocurrency-bitcoin-scam-binance-phishing/