If you missed $NEWT
- there is a couple updates:
- Magic Labs sold their wallet business to Kraken and fully switched focus to Newton Protocol.
- The team is building an authorization layer that checks every transaction for risk, compliance, and policy rules before it settles.
- Mainnet beta is already live on Base and Ethereum.
- The first product is VaultKit.
It lets DeFi vault curators enforce real policies directly on capital movement.
In recent Newton explains how a stablecoin depeg can quickly drain a vault and why a regular oracle is no longer enough.
Overall Newton went quiet but logical evolution: from 60+ million wallets to infrastructure designed to make onchain capital safer.
$NEWT
is currently trading around $0.037-0.04 with a market cap of roughly $ 8-12M.
- there is a couple updates:
- Magic Labs sold their wallet business to Kraken and fully switched focus to Newton Protocol.
- The team is building an authorization layer that checks every transaction for risk, compliance, and policy rules before it settles.
- Mainnet beta is already live on Base and Ethereum.
- The first product is VaultKit.
It lets DeFi vault curators enforce real policies directly on capital movement.
In recent Newton explains how a stablecoin depeg can quickly drain a vault and why a regular oracle is no longer enough.
Overall Newton went quiet but logical evolution: from 60+ million wallets to infrastructure designed to make onchain capital safer.
$NEWT
is currently trading around $0.037-0.04 with a market cap of roughly $ 8-12M.