In late October 2025, as much as US$2 billion vanished from a digital marketplace. This wasn't a hack or a bubble bursting. It happened because one company, Valve, changed the rules for its video game ...

WASHINGTON — A recent change in a video game has wiped out over $2 billion in value from online markets overnight, as the market cap for in-game "Counter-Strike 2" cosmetics crashed. The newest patch ...

The value of digital items in the popular first-person shooter video game Counter-Strike 2 plunged nearly 48% following an update by developer Valve Corporation. According to market tracking data, ...

GameSpot may get a commission from retail offers. According to a new Bloomberg report, in-game CS items ranging from guns to knives to gloves fell 25% between Wednesday, October 22, and Thursday, ...

In the early 2000s, Valve hired Le and his fellow original Counter-Strike dev Jesse Cliffe, for an official release of what ...

A new Counter-Strike 2 update has left the community in shambles over skin prices and the entirety of Steam's marketplace crashing, as players scramble to sell their skins at high prices to avoid ...

The Counter-Strike video game franchise has a cosmetic skin market worth billions A new update to the game has caused the prices of many of its most valuable items to crumble Over $2 billion USD in ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) João Marinotti, Indiana University (THE CONVERSATION) In late October 2025, as much as ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) For years, its players have bought, sold and traded digital cosmetic items, known as ...