Verge, who reported that Xbox chief Phil Spencer emailed Microsoft employees about the massive Xbox leak, called the leak “one of the biggest Xbox leaks in history.”
Tech giant Microsoft plans to integrate crypto wallets into the gaming console Xbox was inadvertently leaked with internal documents posted to a gaming forum last week.
Microsoft planned to integrate crypto wallets
Unredacted documents that leaked with the Federal Trade Commission’s (FTC) case against Microsoft have revealed a deluge of internal plans of the company.The leak was Microsoft’s fault.
The leaked documents included communications between Xbox executives that detailed plans for a new disc-less Xbox Series X, a gyro controller, and a next-gen hybrid Xbox to be released in 2028.
Most importantly, the documents detailed plans from May 2022 that included the integration of a crypto wallet in the next version of the console.
Verge, who reported that Xbox chief Phil Spencer emailed Microsoft employees about the massive Xbox leak, called the leak “one of the biggest Xbox leaks in history.”
“I know this is disappointing, even if many of the documents are well over a year old and our plans have evolved,” Spencer said. “I also know we all take the confidentiality of our plans and our partners’ information very seriously. This leak obviously is not us living up to that expectation.”
Spencer also addressed the leak on X (formerly Twitter), saying, “We’ve seen the conversation around old emails and documents. 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. We will share the real plans when we are ready.”
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Not only Microsoft
It appears that Xbox plans to integrate crypto isn’t a one off occurrence. There have been several rumours pointing to the fact that Apple, Google, Facebook, and Amazon are all working on plans to integrate crypto payments as adoption grows.
It is, however, discouraging that US regulators, particularly the FTC, the Securities and Exchange Commission (SEC), Commodities Futures Trading Commission (CFTC), have maintained a high-handed approach towards blockchain technology and cryptocurrencies.
Facebook plans to own its stablecoin which was squashed in 2019 seemed to have discouraged other players. Also, the crypto winter which soon came after in 2022 put paid to those plans.
Recent developments including the long list of spot Bitcoin ETF applications by some of the world’s largest asset management firms like BlackRock and Fidelity may put some of those plans back on track.
Disclaimer: CryptoPlug does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
