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MainNewsLeaked docum...

Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox


by CryptoSlate
Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox

Recently leaked documents reveal that tech giant Microsoft plans to integrate cryptocurrency wallets into its Xbox gaming console.

The leaked internal documents posted on the gaming forum ResetEra show that the Xbox roadmap for May 2022 included crypto wallet support. However, specifics about this planned integration were not shown.

Phil Spencer, head of Xbox, attributed the leak to the Federal Trade Commission’s legal action against Microsoft. The FTC’s opposition to the $69 million Activision Blizzard acquisition resulted in Microsoft unintentionally including leaked documents within their submissions.

Reports showed that the leaked documents revealed key communications between Xbox executives, plans for a new disc-less Xbox Series X, a gyro controller, and even a next-gen hybrid Xbox in 2028.

Nevertheless, Spencer tried to make light of the leak, noting that some plans had already changed. He said:

“It is hard to see our team’s work shared in this way because so much has changed and there’s so much to be excited about right now, and in the future.”

Crypto community excited

While Spencer has indicated that the company’s plans might have undergone changes, the cryptocurrency community remains optimistic about the leak. Tyler Winklevoss, co-founder of Gemini, weighed in on the incident, highlighting the vast scale of the gaming industry.

“Crypto is gamer money and gaming is a bigger industry than Hollywood and the music industry combined,” he said.

Meanwhile, this development has sparked speculation that the integration could open up new use cases for cryptocurrencies such as Bitcoin (BTC).

However, it’s important to note that the potential impact remains speculative, as Microsoft has not officially confirmed any integration. Nevertheless, the enthusiastic response from the crypto community underscores the significance of traditional tech giants embracing the emerging industry.

In August, Microsoft expanded its collaboration within the crypto sector by teaming up with Aptos Labs, the layer1 blockchain network Aptos (APT) developer. This partnership aims to advance the capabilities of the web3 ecosystem.

The post Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox appeared first on CryptoSlate.

Read the article at CryptoSlate

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MainNewsLeaked docum...

Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox


by CryptoSlate
Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox

Recently leaked documents reveal that tech giant Microsoft plans to integrate cryptocurrency wallets into its Xbox gaming console.

The leaked internal documents posted on the gaming forum ResetEra show that the Xbox roadmap for May 2022 included crypto wallet support. However, specifics about this planned integration were not shown.

Phil Spencer, head of Xbox, attributed the leak to the Federal Trade Commission’s legal action against Microsoft. The FTC’s opposition to the $69 million Activision Blizzard acquisition resulted in Microsoft unintentionally including leaked documents within their submissions.

Reports showed that the leaked documents revealed key communications between Xbox executives, plans for a new disc-less Xbox Series X, a gyro controller, and even a next-gen hybrid Xbox in 2028.

Nevertheless, Spencer tried to make light of the leak, noting that some plans had already changed. He said:

“It is hard to see our team’s work shared in this way because so much has changed and there’s so much to be excited about right now, and in the future.”

Crypto community excited

While Spencer has indicated that the company’s plans might have undergone changes, the cryptocurrency community remains optimistic about the leak. Tyler Winklevoss, co-founder of Gemini, weighed in on the incident, highlighting the vast scale of the gaming industry.

“Crypto is gamer money and gaming is a bigger industry than Hollywood and the music industry combined,” he said.

Meanwhile, this development has sparked speculation that the integration could open up new use cases for cryptocurrencies such as Bitcoin (BTC).

However, it’s important to note that the potential impact remains speculative, as Microsoft has not officially confirmed any integration. Nevertheless, the enthusiastic response from the crypto community underscores the significance of traditional tech giants embracing the emerging industry.

In August, Microsoft expanded its collaboration within the crypto sector by teaming up with Aptos Labs, the layer1 blockchain network Aptos (APT) developer. This partnership aims to advance the capabilities of the web3 ecosystem.

The post Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox appeared first on CryptoSlate.

Read the article at CryptoSlate

Read More

Indicators show retail remains sidelined as Bitcoin trades at new highs

Indicators show retail remains sidelined as Bitcoin trades at new highs

Despite Bitcoin (BTC) reaching a new all-time high at $111,965.80 on May 22, retail a...
Bitcoin balance sheet adoption could hit 20% of BTC supply by 2026

Bitcoin balance sheet adoption could hit 20% of BTC supply by 2026

Bitwise and UTXO Management project that 20% of all Bitcoin (BTC) could migrate to in...