Tech giant Microsoft has resumed accepting Bitcoin as payment for media on their Windows and Xbox stores. Microsoft Resumes Accepting Bitcoin as Quickly as It Stops Microsoft will allow consumers to redeem Bitcoin to deposit funds in exchange for content once again. The restoration comes shortly after the company discreetly suspended the form of payment amid rising transaction fees and concerns over the currency’s volatility. Microsoft first began accepting Bitcoin as a form of payment
Tag Archive: Steam
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Gamers can now begin having marathon gaming sessions again as Bitrefill is now allowing gamers to buy Steam vouchers with Bitcoin and Litecoin. With the recent news that the Steam games platform would no longer be accepting Bitcoin as a payment option, many gamers erupted into rage over the decision by Valve. However, Valve did say that the use of Bitcoin as a payment option had become “untenable” for them. Yet it’s always darkest before
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Bitcoin may be trading at all-time highs, but not everybody is celebrating. Crypto-loving gamers everywhere have their headsets in a twist after Valve, the parent company of popular online gaming platform Steam, announced today that they will no longer be accepting Bitcoin payments. Citing the digital currency’s extreme price fluctuations in recent months, as well as increased transaction fees, Valve stated that it has become “untenable” to continue supporting Bitcoin as a payment option. The announcement,
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The bitcoin price has fallen… Probably not in the same manner as Olympus or London, but it has seemingly taken a trip down south to the $453 range at press time, equaling a $15 drop since our previous price study. Also read: Bitcoin Price Inches Towards $470, Will $500 be Next? Bitcoin Price Takes A Dive, But Should We Be Worried? Some may take this as a time to panic; that reaction may be premature. Things
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It has been announced for quite some time now, but the updated Steam client has built-in Bitcoin payments. Everyone who updates their client should see the functionality enabled, as it has been made available for users all over the world. Also read: BitClub Network Mines a Colossal Fee Bitcoin Payments Arrive On The Steam Platform Although the updated Steam client does not state so per se, Bitcoin payments are now officially part of the platform.
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Since our previous look at the bitcoin price, everybody’s favorite coin has jumped another $14, bringing it to $457. What has once been described as a stagnant, slow and stuck in the middle entity is now rising faster than it has in quite some time, and digital currency enthusiasts are keeping their fingers crossed and hoping things last this way for quite a while. Also read: Bitcoin Price Enjoys an Impressive Jump, Will it Endure?
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February 8, 2016 – Several lines found on Steam’s translation servers indicate Valve will be implementing bitcoin payment in their game DRM platform in future versions. They’ll be using the Bitpay API for handling in-store transactions. For privacy and security-minded gamers, as well as those in countries that suffer from region-locking and unfavorable pricing practices, this is a huge value-add. Also Read: Alibaba to Possibly use Blockchain for Alipay Service Valve Lays Groundwork for Bitcoin
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Steam is one of the most popular gaming-related platforms in the world these days. As a result of that popularity, Steam is also attracting a bunch of unwanted attention from hackers and phishers, According to details released by Valve, roughly 77,000 Steam accounts get hijacked on a monthly basis. Even though Valve makes two-factor authentication for in-game item sales mandatory now, blockchain technology could play a major part in creating a better solution. Also read: