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

Tech titan Microsoft is reportedly working on a new feature that will enable users to send and receive crypto-assets through their default browser.

First reported by BleepingComputer, software docs Albacore shared screenshots of a new Ethereum (ETH) wallet that Microsoft plans to integrate into the Edge browser.

“Latest in the gauntlet of questionable upcoming Microsoft Edge features, a crypto wallet. Not quite sure how I’ll feel about this sort 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 over their assets and private keys.

“This is a non-custodial wallet, which means you have full control over your funds. We don’t want access to your password and recovery key. It’s built into Edge, making it easy to use without installing any extension. ยป

Source: Albacore/Twitter
Source: Albacore/Twitter

The screenshots also indicate that users can buy crypto assets using US-based digital asset exchange Coin base 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 to manage 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 gathering feedback from customers, but have nothing more to share at this time.โ€

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Featured image: Shutterstock/Lord Beard/Porstocker

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