Microsoft working on crypto wallet for Edge to help users store tokens: Report

March 23, 2023

By Anjali Kochhar

Microsoft is developing a crypto wallet feature for its Edge browser that will enable users to store, send, and receive cryptocurrency funds, as well as store non-fungible tokens (NFTs).

This feature appears to be in the development stage, as per a report by Windows Central, with references to internal testing by Microsoft.

The wallet feature will be non-custodial and integrated directly into Edge’s existing wallet feature for storing payment cards. It is password-protected, and users can recover access if they forget their password.

After signing up, users will have access to all their assets, including crypto funds, price trends, and the ability to send or receive crypto using known addresses and names.

Besides, Microsoft plans to accelerate the adoption of multi-factor authentication (MFA) for its 365 Cloud productivity platform by adding MFA capabilities to the Outlook email client.

The new feature called Authenticator Lite will enable users to complete MFA requests for its 365 apps directly in the Outlook app.

Users can use Authenticator Lite to add an extra layer of security to their Outlook logins for work or school.

Meanwhile, Maggi, the popular instant noodles brand owned by Nestle, announced last week that it is launching its first-ever non-fungible tokens (NFTs) in the OneRare Foodverse, a metaverse-based game. Partnering with OneRare, Maggi will release NFT offerings that can be used in the Foodverse.

About the author

Anjali Kochhar covers cryptocurrency stories in India as well as globally. Having been in the field of media and journalism for over three years now, she has developed a sharp news sense and works hard to present information that goes beyond the obvious. She is an avid reader and loves writing on a wide range of subjects.

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