Microsoft is likely testing Edge browser NFT wallet integration
Microsoft is reportedly integrating a Web3 wallet that supports cryptocurrencies and non-fungible tokens (NFTs) into its Edge web browser. Albacore, a software leaker, tweeted screenshots of Edge's user interface showing the company's new Web3 wallet in its early stages. The screenshots show how to send, trade, and buy cryptocurrency assets, and indicate that the wallet will be non-custodial, meaning Microsoft will not have access to recovery keys or passwords. The Web3 wallet will be "integrated in Edge" rather than a browser extension, and MoonPay and Coinbase are described as integrated platforms that allow users to acquire and deposit crypto to their wallet.
Microsoft's move to integrate the Web3 wallet is likely an attempt to improve Edge's services and capabilities, which have traditionally been less well-liked than those of competitors like Google Chrome and Apple Safari. This follows Microsoft's announcement on February 7 that it will combine AI-powered search engines and ChatGPT using OpenAI's ChatGPT as part of updates to its Bing and Edge browsers.