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Fortnite Merchandise begins accepting Monero as a Payment method

BlockClutch Team

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Fortnite Merchandise begins accepting Monero as a Payment method

Retail Row, the product shop for the online video game Fortnite, has reportedly started accepting Monero (XMR) as a cryptocurrency payment choice, Monero tweeted on Jan. 1.

Fortnite is an online video game released in July 2017 and developed by Epic Games, which allegedly accounts for at least 125 million gamers worldwide. In October 2018, Epic Games has been appreciated at over $15 billion in its most recent funding round.

Retail Row affirms crypto payments agency GloBee, allowing retailers to take cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC) and Ripple (XRP), whilst XMR is the sole digital money supported by the shop. Clients may make payments with a variety of conventional methods such as credit cards and PayPal.

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Since Cointelegraph reported in October, cybersecurity company Malwarebytes discovered that scammers were utilizing malware targeting the Bitcoin (BTC) pocket addresses of Fortnite players. “Con artists” were supposedly sneaking malicious info theft code to downloads which seemingly guaranteed”free” season six Fortnite Android variations, among other”fictitious cheats, wallhacks and aimbots.”

Free V-Bucks (in-game money ) also hidden malicious bundles of code, according to the investigation. Malwarebytes found that bogus hyperlinks were encouraged via hackers’ YouTubestations, which redirected users that hide the malware.

In June, enterprise and network security firm Palo Alto Networks discovered that approximately 5% of XMR in flow was mined maliciously via crypto jacking. Monero allegedly had an”incredible monopoly” about the cryptocurrencies targeted by malware, using a total of $175 million mined maliciously.

Also Read: Indian Government delays Crypto Regulations, Uncertainty continues

The report also notes that the information doesn’t comprise web-based Monero miners or alternative miners they weren’t able to access, meaning the 5 percentage is probably too low of a calculation. XMR is up 3.27 percent over the afternoon and is currently trading at $47.46 at press time, based on CoinMarketCap.

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