Staff Infrastructure Engineer

Magic Labs to bring Newton Protocol to 200K developers and 50M wallets. Newton Protocol is joining forces with Magic Labs to make programmable compliance available to one of the largest onchain developer ecosystems. Through this collaboration, Magic Labs will integrate and make available the Newton Protocol SDK to its network of more than 200,000 developers and 50 million wallets, bringing compliance-as-code directly into the transaction layer of Magic-powered applications. Magic Labs, the only wallet provider certified under SOC 2 Type 2, ISO 27001:2022 and HIPAA, already powers secure onboarding and authentication for customers like Polymarket, Naver, WalletConnect and Forbes. By integrating Newton Protocol, Magic extends that same security standard to every onchain transaction. Developers can create customizable pre-transaction controls that automate compliance and risk management, thus reducing operational overhead. "Magic has secured the account. Newton Protocol secures the transaction," said Jaemin Jin, Co-Founder and President of Magic Labs. "By integrating Newton Protocol's programmable policy layer, we're giving developers a compliance-ready framework that extends Magic's trust model from onboarding to execution." Magic Labs selected Newton Protocol for its flexible yet credibly neutral approach to compliance. Unlike other compliance solutions where policy enforcement is programmed into the smart contract on each individual chain, developers can write policy code once and apply it across contracts on any chain, making it ideal for Magic's multi-chain ecosystem. Each policy evaluation produces a cryptographic attestation that can be audited on Newton Explorer and policy enforcement is handled by a decentralized operator network secured through EigenLayer restaking. Secure the future through compliance-as-code. For developers without in-house risk or compliance teams, Newton Protocol integrates with data providers such as identity verification and wallet risk scoring services to help enforce onchain policies aligned with global regulatory expectations, such as OFAC sanctions lists and KYC/AML/CFT obligations to securities oversight (SEC) and digital asset rules (MiCA). Mohammad Akhavannik, Managing Director of Magic Newton Foundation, added: "By bringing Newton Protocol to Magic developers, we're making compliance a native part of the onchain development experience for hundreds of thousands of developers." This collaboration establishes Magic Labs as a distribution partner for Newton Protocol and represents the largest deployment yet of compliance-as-code infrastructure across a live developer network. Learn more about Magic Labs here, and stay tuned to Magic Newton Foundation channels for updates on the integration.

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEImagine managing a million-dollar investment fund stored in a cryptocurrency wallet. Everything runs smoothly until a single mistake—clicking a phishing link, visiting a malicious website, or falling victim to an undiscovered exploit—allows hackers to drain the wallet. Just like that, the assets are gone forever.This nightmare scenario has played out in several high-profile crypto thefts, including the Japan-based exchange Coincheck in 2018, the Ronin Network in 2022, and most recently, the Bybit exchange in February 2025. While the causes of these breaches varied—ranging from private key compromises to smart contract exploits—they all underscore the importance of multiple security layers in Web3.One of these protections is the so-called “multi-sig wallet,” which requires more than one person’s signature, via their private key, to authorize a crypto transaction.A cryptocurrency wallet lets users store, send, and receive crypto by managing their private and public keys. When making a transaction, the user, via the wallet, signs it with a private key, proving ownership before broadcasting it to the blockchain for validation