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Microsoft is testing an in-built crypto wallet feature in its Edge Browser named ‘Crypto Wallet’
Intro: Microsoft, the software giant, has included an Ethereum-based crypto wallet in the Edge web browser. The new feature, named “Crypto Wallet” by software sleuth Albacore, would allow users to store and transact Ethereum and Ethereum-based tokens in a non-custodial manner, similar to a Metamask clone.
The Screenshots of the crypto wallet were leaked online through Twitter user Albacore, who regularly documents unreleased Windows features. According to Microsoft, the crypto wallet has “simplified experiences that make Web3 easier to interact with” and “integrated security features to protect you from unsecured addresses or apps. Microsoft Edge will promote the ability to buy cryptocurrency from Coinbase and MoonPay using the built-in cryptocurrency wallet. It will also support collecting and storing non-fungible tokens, as well as connecting decentralized apps to the wallet feature. (NFTs).
Crypto Wallet, the most recent addition to Microsoft’s bloated Edge browser has already sparked internal debate. The appearance of the Edge crypto wallet comes just days after Microsoft added a large Bing button to its Edge browser in an attempt to direct users to its search engine. The button cannot be easily removed. Microsoft has also been chastised for including buy now, pay later financing options in Edge, aggressive prompts to prevent you from using Chrome, and the way Windows 11 initially made changing default browsers more difficult. The crypto wallet Is “embedded in Edge, making it easy to use without installing any extension,” according to the screenshots, and it can handle multiple types of cryptocurrency. It will also keep track of transactions and the value of individual currencies as they change. An “explore” tab provides news stories about cryptocurrency, and a “assets” tab allows you to gaze longingly at your NFTs. The wallet is “non-custodial” or “self-custodial”, which means you own and are responsible for the passwords and recovery keys that allow you to access your funds. However, the feature may encourage casually interested users to start exploring the world of cryptocurrency, which is, once again, riddled with scams.