Microsoft is said to be developing a cryptocurrency wallet for its Edge web browser.
Microsoft is developing a non-custodial cryptocurrency wallet for its Edge web browser, according to testing of the new functionality, as revealed by Bleeping Computer on Friday.
The functionality was initially discovered by Microsoft sleuth Albacore, who tweeted images of the wallet. “I do software research and reverse engineering mostly. This is how I discovered the wallet capability for the first time “The Albacore informed The Block.
Bleeping Computer reported testing the wallet, which is likely only accessible to Microsoft Edge Dev Channel users for a short test period.
“If you use a wallet that does not need a third party to hold your assets, you retain full control over your money. Your password and recovery key will not be accessible to us. It’s included within Microsoft Edge, making it simple to use without downloading an extension “one of the screenshots that Albacore tweeted stated.
Additional images show support for NFTs and crypto swaps, as well as connections with Coinbase and Moonpay.
Microsoft has teamed with Ethereum development studio Consensys to provide an integrated crypto exchange function between ether (ETH), Uniswap (UNI), the dai stablecoin (DAI), and the USD coin (USDC) and Tether (USDT) stablecoins, according to Bleeping Computer.
“Microsoft routinely tests new features to investigate new user experiences,” a Microsoft representative told Bleeping Computer. “We look forward to learning from our consumers and gathering their comments, but we have no additional information to provide at this time.”
Albacore, when asked whether it is likely that Microsoft would release a cryptocurrency wallet, stated: “Personally, I lean towards positive. Microsoft has a large number of experimental projects in a variety of sectors, but if one ends up in a publicly available version of a product (such as Windows or Edge), it is rarely terminated. Often, the worst-case scenario is that it is launched and then deactivated if it fails to gain traction.”
Opera and Brave, two rival web browsers, both provide various crypto features, including an integrated wallet.
