Fortnite is an online video game developed by ‘Epic Games’ and released in July 2017. It reportedly has over 125 million players around the world. Epic Games was valued at more than $ 15 billion in its final funding round in October 2018.
Now fans can buy the blockbuster online video game using Monero (XMR) crypto. However, Bitcoin is not yet accepted for data protection reasons. Retail Row Fortnite’s merchandise store has been supporting GloBee crypto payment service for some time, which allows retailers to accept Bitcoin (BTC), Litecoin (LTC) and Ripple (XRP). The only digital currency supported by the business is XMR, which means Monero. Customers can also make payments using other means such as credit cards as well as PayPal, traditional payment methods.
American teenagers surveyed about Fortnite in 2018 would rather receive V-Bucks and crypto than gift cards, cash as a gift. Riccardo Spagni, who developed Monero, shared the news on Twitter: “Too cool: You can pay in Monero in the Fortnite Merch Store. Now you can buy this cute Durrr burger romper without friends / family / colleagues judging you. “
According to a report released in October 2018, Malwarebytes, a cybersecurity company discovered that scammers are using malware that targets the Bitcoin (BTC) wallet addresses of Fortnite players. “Scammers” have allegedly injected malicious data theft code into downloads, guaranteeing “free” Fortnite Android versions of the sixth season under fake cheats, wallhacks and aimbots.
According to research, free V-Bucks have also hidden packages of malicious code. Malwarebytes also found misleading links advertised by scammers on YouTube channels. The misleading links directed users to downloads where malware was hidden.
Monero and Zcash, both digital currencies, are preferred by crypto users as they prioritize privacy. They offer a high level of anonymity for users and the transactions they make. However, the US Department of Homeland Security announced that this could change soon. The department is currently developing a surveillance framework to track Zcash and Monero transactions using a blockchain-based forensic analysis program. This U.S. government move is an attempt to track cryptocurrencies so that they cannot be used to facilitate money laundering, terrorist financing, and tax evasion.
Palo Alto Networks, security company, found that around 5% of XMR was maliciously mined through crypto jacking. It is believed that a total of $ 175 million were maliciously mined by Monero.