Microsoft is reportedly working on an Ethereum crypto wallet built into its Edge browser, allowing users to send and receive crypto and NFTs without the need for additional extensions. The wallet is currently in limited testing and is a non-custodial solution, providing users complete control over their funds.
According to BleepingComputer, this experimental Edge browser feature was discovered by the pseudonymous software documenter Albacore. Microsoft, in collaboration with Consensys, shall also provide a built-in crypto swap feature between $ETH, $DAI, $UNI, $USDC, and $USDT.
Moreover, the public keys of the Edge Crypto Wallet enable users to receive payments and they must also keep secret private keys in order to authorize transactions. The wallet appears to be in its early stages for now, with access granted only to Microsoft Edge Dev Channel users.
Also, Microsoft emphasized that during the onboarding process, it would not have access to passwords or recovery keys. To secure and recover their crypto wallet, testers must create a password and a 12-word recovery phrase.
When the onboarding process is finished, the wallet generates an Ethereum address for receiving funds, and multiple Ethereum accounts are also supported by the Edge Crypto Wallet. Users can also connect to dApps and read the latest crypto news. Lastly, there are some indications that support for a Bitcoin wallet may be added in the future.
Microsoft Reportedly Testing New Built-In Crypto Wallet
Subscribe to the CryptoWeekly Newsletter
Get the top stories, funding deals, technical analysis, cryptocurrency jobs and much more delivered to your inbox, every Monday morning.
January 14,2025
Sygnum Bank Reaches Unicorn Status After Raising $58M
January 14,2025
Nate Geraci Predicts ETF Boom As 50 Launches Scheduled For 2025
January 14,2025
Biden Proposes Controversial Export Restriction On AI Chips
January 14,2025
Cardano And Ripple Confirm Partnership Over RLUSD Integration
January 13,2025
Saylor Pushes Aggressive Bitcoin Strategy Despite Volatility Concerns
January 13,2025
United Kingdom Enters Global AI Race With New Action Plan
January 13,2025
Everything You Need To Know About AI Agents
January 13,2025
SHIB Forms Head And Shoulders Pattern As Investors Begin To Worry
January 13,2025
Web3 Fundraising Deals - 7th To 13th January 2025
January 12,2025
Bitcoin Hovers Around $94K As Altcoins Continue To Struggle
January 12,2025
Dogecoin Fails To Break Through 4 Hour SMA Resistance
January 11,2025