Battle-tested Server & Embedded Wallets. Trusted by Polymarket, Helium, Immutable & more. 57M Wallets. $10B+ Stablecoin volume. PayPal Ventures backed.
Onchain
- Tweets 3,556
- Following 169
- Followers 30,757
- Likes 5,837
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1/ Institutional capital moved onchain faster than the controls meant to govern it. Today that changes.
Magic Labs is launching VaultKit, the SDK curators use to make a vault's rules enforceable onchain, alongside @newton_xyz mainnet beta launch! 🥳 🧵
vaultkit.newton.xyz
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Magic Labs retweeted
Sunset rooftop dinner with @redstone_defi: with allocators, DeFi builders, and data providers @TokenizeThisNYC 🗽
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Most onchain compliance is audit theater.
Flagging a sanctioned transfer after finality just writes the loss down. It doesn’t stop it.
Wires could be recalled. Settlement can’t.
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LATEST: Payward, the infrastructure company behind Kraken, is acquiring Magic Labs' wallet infrastructure business to expand its B2B offering with embedded, non-custodial wallets.
Magic's wallet platform has powered more than 60 million wallets, over $10 billion in stablecoin volume, and 200,000+ developers.
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Magic Labs is becoming Newton Labs.
Our wallet business, 60M+ wallets strong, has a new home at @Payward @krakenfx.
Our focus is now: the authorization layer for onchain finance. Follow @newton_xyz for more.
Read the full story by @TheBlockCo: theblock.co/post/409705/krak…
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Magic Labs retweeted
For the past weeks I've been quietly building for the UXMaxx hackathon. Tag: pushing crypto toward its potential.
Went through a bunch of ideas along the way, fintech apps, payroll tools before landing on something else entirely.
Why the switch? Because after sitting through the workshops and actually reading the docs instead of skimming them, I realized the point of this hackathon isn't necessarily to build a brand new product category. It's to take infrastructure that already exists and use it to push web3 toward mass adoption by making the experience feel familiar, not by teaching people something new.
So I built a checkout SDK.
Why checkout, specifically? Because it's the most honest test of whether crypto is actually usable. Nobody abandons a DeFi dashboard out of confusion the way they abandon a cart. If crypto payments can't survive checkout, they can't survive anywhere.
The real problem was never that people don't have money on-chain. It's that it's scattered some USDC on Base, a little ETH on Arbitrum, something random from an old airdrop. Every existing checkout flow makes the buyer solve that themselves before they're even allowed to pay. Bridge. Swap. Switch networks. Most people just leave.
Crypto's current bottleneck isn't the tech. it's the user experience , making users pick a chain, hold gas, and sign transaction six times to do one thing.
@ParticleNtwrk has spent this whole cycle quietly killing that with EIP-7702, universal accounts, abstraction that actually disappears.
i spent the last few weeks deep in account abstraction building @clashboard for the metamask cook off, which means this is a perfect hack to build on.
i'm all in.
@encodeclub @zerodev
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Magic Labs retweeted
pov: dinner with @redstone_defi at @TokenizeThisNYC
the momentum is only accelerating 🔥
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Magic Labs retweeted
A stablecoin depeg never stays contained.
$8.5M in redemptions forced the wind-down of a DeFi vault.
@JeffMarsilio, @seanli, and @brian_wong break down real-time risk ratings, enforced onchain before every transaction settles.
Full episode 👇🏼
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Magic Labs retweeted
"APY without risk doesn't mean anything."
Newton mainnet beta is live. On the latest episode of the Newton Podcast, @seanli (CEO & Founder, @magic_labs) and @mkmassari (Head of Parnerships, @redstone_defi) break down how risk data becomes enforceable, onchain.
Full episode 👇
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Magic Labs retweeted
kicking off the pre-launch in style. an exclusive vip dinner w @newton_xyz @redstone_defi team! 🍸
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Magic Labs retweeted
In the new episode @makhavannik sits down with @vmathur_, lead product manager at @magic_labs, to break down how a transaction moves through Newton Protocol's authorization stack.
Watch the full episode 👇
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1/ Institutional capital moved onchain faster than the controls meant to govern it. Today that changes.
Magic Labs is launching VaultKit, the SDK curators use to make a vault's rules enforceable onchain, alongside @newton_xyz mainnet beta launch! 🥳 🧵
vaultkit.newton.xyz
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9/ Newton mainnet beta is live today!
→ Request a demo: bit.ly/3S8xujG
→ Build with VaultKit: docs.newton.xyz/developers/v…
→ Newton Explorer: explorer.newton.xyz/mainnet
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10/ You decide what happens. Newton enforces it.
Policies in Motion. newton.xyz
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