Somehow, people started whispering that Bungie's Destiny was set to be the most expensive game ever made, with a $500 million dollar development cost. Who knows what game of "telephone" caused this idea to spread, but this week, Pete Parsons straightened it out in Bungie's weekly update.
Also revealed were Destiny's PlayStation and Xbox Achievements, beta date (July 17th), and ESRB raiting.
To read the update in its entirety, visit Bungie's Weekly Update page.