SBR – Bitcoin sportsbook Bitbook.biz has announced that it is closing. SBR last reported on February 27 that Bitbook.biz was suffering from continued DDoS attacks. Bitbook.biz released a statement on their webpage today informing users of the closure and that bets are no longer being accepted. Bitbook claims it will be paying all users. Bitbook.biz lists a 48-hour time-frame for these final payouts. SBR advises players to request their balances ASAP. Bitbook.biz website statement: “Important Announcement We have decided to shut down BitBook.biz. Although BitBook is shutting down, we are not running off with user funds. We ask that users…

Bitcoin sportsbook BitBook.biz has been offline for most of the day due to a Distributed Denial of Service attack. BitBook.biz acknowledged the attack on popular Bitcoin discussion forum Bitcointalk.org. SBR users are also discussing the outage in the Players Talk section of the SBR posting Forum. Users are also discussing the downtime at Reddit. BitBook.biz regarding the DDoS attack: “BitBook has been hit with a large DDoS attack that knocked out parts of our hosting provider’s data center. We are working with our hosting provider on restoring our service.” Online sportsbooks are often the target of web based attacks. DDoS…

Gambling 911 – A new bitcoin-only sportsbook made its debut smack in the middle of Times Square this past week, advertising on the Reuters interactive billboard. Coinbet.cc is one of the newest online gambling sites to enter the lucrative bitcoin Web gaming market.  This appears as if it will become a pretty significant trend as we move forward into 2014. But it could prove to be a dangerous one as well. Americas Cardroom, one of the largest online poker networks still catering to citizens of North America, recently implemented a bitcoin platform to its expanding list of cashier methods, but…