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.
September 17,2024
Unregistered NFT Offering Costs Flyfish Club $750K
September 17,2024
USDC Issuer Called Out For Slow Response To Lazarus Group Fund Freeze
September 16,2024
Worldcoin Being Investigated By Singaporean Authorities For Potentially Violating Regulations
September 16,2024
Flappy Bird May Be Revived In Web3 Format Despite Original Creator Not Being Involved
September 16,2024
Web3 Fundraising Deals - 10th To 16th September, 2024
September 15,2024
BTC Finally Starts To Recover As Total Crypto Market Cap Up By $70 Billion
September 14,2024
Coinbase Wrapped BTC Reaches Impressive Milestone In Just 24 Hours
September 13,2024
United States SEC Admits Several Cryptocurrencies Are Not Securities
September 13,2024
OpenAI Releases New AI Model Series To Support Smart Contract And Blockchain Capabilities
September 12,2024
Inaugural Congressional Hearing About DeFi Takes Place
September 12,2024
Cardano Hits New Network Milestones As Hoskinson Debunks Faulty Staking Claims
September 11,2024