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

The king of technology According to recent reports, Microsoft is hard at work on a new feature that would allow users of its default web browser to transmit and receive cryptographic assets.

The software documenter Albacore has revealed screenshots of a new Ethereum (ETH) wallet that Microsoft is trying to integrate into its Edge browser. BleepingComputer was the first to report on these screenshots. “Microsoft Edge’s crypto wallet is the most recent addition to its growing list of questionable planned features. I’m not sure how I feel about this kind of functionality being included into the default browser.

According to the onboarding pages, Microsoft is preparing to launch a non-custodial cryptocurrency wallet that would provide users with complete control over their assets as well as their private keys.

“Because this is a non-custodial wallet, you retain full ownership and control over your funds at all times. We shall not have access to either your password or your recovery key in any capacity. Because it is integrated into Edge, it is simple to use and does not require the installation of any extension.

According to the screenshots, customers also have the ability to purchase crypto assets through the usage of the digital asset exchange Coinbase based in the United States and the web3 infrastructure provider MoonPay.

The graphics that have been distributed also give the impression that there would be support for exploring NFT marketplaces, a news feed feature, and the ability for users to select between the built-in Edge wallet or an extension wallet for the purpose of managing their assets.

After being approached for additional information, a spokeswoman for Microsoft stated the following to BleepingComputer: “At Microsoft, we constantly test new features in order to explore new experiences for our users.” We are looking forward to learning from our clients and collecting their comments, but we do not have anything else to give at this time.

 

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.