Gaming Platform Steam to Introduce Bitcoin Payments
Online gaming distributor Steam is planning to accept bitcoin for all purchases, according to a message posted to its Steamworks Development group. The post, dated April 21, does not list a specific date to start accepting bitcoin, but said parent company Valve Corporation was working with an external payment processor “to process bitcoin payments to....
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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. Although the updated Steam client does not state so per se, Bitcoin payments are now officially part of the platform. Users can add funds to their Steam wallet through Bitcoin, and considering how the payments are handled by BitPay, transactions should not take that long to complete. This gives all platform users around the world the opportunity to....
Gaming and digital distribution platform Steam will now accept bitcoin payments from users around the world, a feature enabled by bitcoin payment processor BitPay. After whispers, rumors, and leaks that leads to the inevitable inclusion of a global currency for a global marketplace, Valve’s Steam, the biggest PC gaming platform and distributor in the world with some 125 million active users (2015 stats), has now started accepting bitcoin as a mode of payment. The announcement was made by BitPay, the payment processor who will enable bitcoin payments for Steam. BitPay revealed that Valve,....
The team behind Steam, a digital distribution platform developed by Valve Corporation offering digital rights management, multiplayer gaming and social networking services, has announced that the platform will officially begin to accept payments via bitcoin. CoinTelegraph has reached out to Bitpay for more information about their partnership with Steam. We will continue to update the article as we receive more information from the Bitpay team. Gaming giant Valve and the developers behind Steam hinted the integration of Bitpay on February 9, 2016, when some Steam users discovered a series....
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. Being one of the world’s most popular gaming-related platforms can be both a blessing and a curse at the same time. Steam is the....
Confirming a long-rumored move, gaming and digital media platform Steam is now accepting bitcoin payments through processing service BitPay. The announcement today confirms earlier reports that Valve, the company that operates Steam, had sought to add the digital currency as a payment option. Steam was said to have told its developer community in a recent update that it was moving to accept bitcoin. The platform draws millions of users on a daily basis, according to Steam's self-reported statistics, and as a platform attracts an engaged and tech-friendly user base. Past reporting indicates....