PAYPAL-BACKED MAGIC LABS AND POLYGON LAUNCH A NEW CROSS-CHAIN NETWORK AIMING TO BUST 'BLOCKCHAIN SILOS'

Summary from the TLDR Crypto newsletter

PayPal-backed Magic Labs and Polygon have launched “Newton,” a new cross-chain network that aims to simplify cross-chain dapp usage. Newton will allow developers to create dapps that operate across chains without needing separate wallets. Magic Labs will integrate Newton with its Passport wallet for a unified user experience.