Steam May Launch Blockchain Platform

Media reports that with help of a blockchain platform the company plans to collect info on strong gamers who are worthy of participating in e-sports tournaments
22 June 2018   376

American developer of computer games Valve Corporation is working on a blockchain upgrade for its own online service Steam. This was reported by one of the company's employees, UTB reports.

According to the source, the new solution will track the achievements of each player and statistics, in particular - titles, discounts and more.

With the help of the update, the company plans to collect information about strong gamers who are worthy of participating in e-sports tournaments. So, Valve wants not only to sell games, but also to track the entire life cycle of the user.

Officially, the giant of the gaming industry has not confirmed this information, but it is known that the company is looking for developers and blockchain-specialists who will help in creating a new product.

Let's note, for the first time Valve announced its intention to create a service on a blockchain in 2015. In 2017 it became known that Steam no longer supports bitcoin as a method of payment because of high commissions for a transaction.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   93

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.