The game’s official merchandise store had mistakenly added Monero as a payment option, Tim Sweeney said.
Temporary volatility hit Monero (XMR) over the weekend after a gaming company chief said it accidentally began accepting the privacy-focused altcoin for payments Jan. 5.
Epic Games, which developed the popular video game Fortnite, had opened an official merchandise store, Retail Row, in December.
According to Epic’s CEO Tim Sweeney, Monero had entered the store’s suite of payment options “somewhere along the way” but was unintentional, with staff subsequently removing it over the weekend.
“We worked with a partner to open a merchandise store, and somewhere along the way Monero payment was enabled,” he wrote on Twitter Saturday.
“Many of us at Epic are big fans of the decentralized computing tech underlying cryptocurrency, however a lot more work is needed on volatility and fraud-proofing before bringing it to such a broad audience that includes younger gamers.”
Monero fans and executives in the form of developer Riccardo Spagni had keenly welcomed the news, the latter suggesting Epic had declined to offer Bitcoin (BTC) payments due the cryptocurrency’s comparative lack of privacy.
Rumors had further claimed Epic had partnered with cryptocurrency payment processor GloBee on the Monero deal, something Sweeney also denied.
“…[T]here’s quite a rumor mill out there,” he continued.
“No, Epic doesn’t have any cryptocurrency partners and aren’t in any crypto partnership discussions with anyone.”
XMR/USD had gained over 10 percent on news of the acceptance, with the u-turn erasing some of its gains, according to data from CoinMarketCap.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.