Microsoft Working on New Ethereum Wallet Amid Foray Into Crypto and NFTs: Report

Microsoft Working on New Ethereum Wallet Amid Foray Into Crypto and NFTs: Report
                            <p>Tech titan Microsoft is reportedly working on a new feature that enables users to send and receive crypto assets through its default web browser.</p>

First reported by BleepingComputer, software documenter Albacore shared screenshots of a new Ethereum (ETH) wallet that Microsoft is planning to integrate into its Edge browser.

 “Newest in the gauntlet of questionable upcoming Microsoft Edge features, a crypto wallet. Not really sure how to feel about this kind of thing being baked into the default browser.”

The onboarding pages indicate that Microsoft is rolling out a non-custodial crypto wallet that gives users exclusive control of their assets and private keys. 

“This is a non-custodial wallet, meaning you are in complete control of your funds. We will not have access to your password and recovery key. It is embedded in Edge, making it easy to use without installing any extension.”

Source: Albacore/Twitter Source: Albacore/Twitter

The screenshots also indicate that users can buy crypto assets using US-based digital asset exchange Coinbase and web3 infrastructure firm MoonPay.

Source: Albacore/Twitter

The shared images also suggest support for browsing NFT marketplaces, a news feed feature and an option for users to choose between the built-in Edge wallet or an extension wallet for managing their assets.

When asked for more details, a Microsoft spokesperson told BleepingComputer,

“At Microsoft, we regularly test new features to explore new experiences for our customers. We look forward to learning and collecting feedback from customers but have nothing further to share at this time.”

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Featured Image: Shutterstock/Lord Beard/Porstocker