Latest Articles

Fortnite Merch Store Adds Monero Payment Option

Distributed Summary:

  • Massively popular video game Fortnite allows customers to buy its official merch using monero
  • Payments are facilitated by cryptocurrency payment platform GloBee
  • Could put XMR in the hands of a new generation of cryptocurrency enthusiasts

In a move that may put XMR in the hands of more gamers, monero has become the exclusive cryptocurrency accepted in Fortnite’s merch store.

According to a screenshot posted on Reddit by u/Foen08, Fortnite players can purchase merch with a credit card, PayPal or with XMR through GloBee, a cryptocurrency payment platform. Monero linked to the Reddit post in a tweet from its official account.

Fornite Merch Store Accepts Monero

Screenshot via Reddit.

Through the store, Fortnite enthusiasts can buy onesies and T-shirts with logos and game characters on them. When electing to pay with monero, customers are redirected to GloBee’s website, where they can scan a QR code or manually copy a provided wallet address. They would then open their own cryptocurrency wallet and send their monero to the provided address.

Since its introduction in July 2017, Fortnite has become one of the most popular video games of all time, with some reports indicating that over 200 million gamers around the world have registered on it. It is also widely credited with the recent growth in popularity of streamers, like Ninja, and the rise of esports.

Given that popularity, this announcement may put XMR in the hands of a whole new crop of crypto enthusiasts.

Header image via Facebook.

ETH Price Analysis: Why Gains Are Being Lost

Distributed Summary:

  • ETH-USD failed to break overhead resistance in the $160 range. This coincided with a failed retest of the supply and demand channel as the market saw a strongly overbought condition.
  • We are currently stuck between support and resistance, but it seems very likely that we will see a retest of the low $90s before any potential bullish pressure hits the markets. If, for whatever reason, we begin to rally, we need to see a decisive, strong close above the $160 level before any macro-trend-changing behavior is seen.

Bitfury Launches Music Project on Exonum and Bitcoin

Bitfury, a developer of blockchain-based hardware and software products, has announced a new initiative: Bitfury Surround. The project aims to build an open-source platform that streamlines operations in the music entertainment industry.

ING Partners With R3 to Adopt Corda Enterprise Blockchain

Distributed Summary:

  • Over five-year partnership, ING plans to leverage applications built on R3’s enterprise blockchain platform
  • Bank receives “unlimited number” of licenses for Corda Enterprise
  • Could mark a significant financial use case for distributed ledger technology

Bitcoin Now Available Through Coinstar Kiosks Nationwide

Distributed Summary:

  • Coinstar and Coinme team up to offer bitcoin-for-cash transactions at grocery stores around the country
  • Twitter users have shared photos of the on-screen process