Tag Archives: microsoft points

Credit card payments usurp virtual currency as default transaction method

Transactions to be based on real regional currency by end of year

Microsoft has taken steps to identify users who used an exploit to duplicate Xbox Live points codes and illegally download content with them. Yesterday it was reported that some Xbox 360 owners had used the technique to stockpile points for free instead of paying for them legitimately. Microsoft has said …

Xbox 360 hackers have found an exploit that has cost Microsoft $1.2 million. The users calculated an algorithm that allows them to re-use previously redeemed codes and stockpile Microsoft Points, according to Save and Quit. The method could be used over and over again, giving hackers 160MSP each time. One …