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F1 team Sauber reaches two-year deal with sports betting platform Stake

F1 team Sauber reaches two-year deal with sports betting platform Stake

CointimeCointime2024/01/02 09:09
By:Cointime

Under the agreement, the Swiss racing team previously named Alfa Romeo will become the F1 Stake Team Kick Sauber. The Sauber F1 Team has agreed to a two-year naming partnership with the cryptocurrency casino and sports betting platform Stake in 2024.

Previously, Stake suffered a loss of $41 million due to a wallet private key vulnerability in September 2023. The Federal Bureau of Investigation attributed the attack to the North Korean hacker group Lazarus in a report.

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