they are both mascots of insurance companies
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They both live on in stories and legends
Honestly I have no idea 
. It is not the answer for sure
they are both in the video game crash bandicoot
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Could be. It is a very long time I played it. But it is not the right answer.
You seriously believe that every single person wasn’t already doing this ?
both from Camelot the story of King Arthur, Merlin and Kilgharrah
Letsdothis asked before
No not right, sorry
From the way the question was worded : " a fictional wizard " and " an ancient lizard " it is quite clear that you’re referring to specific ones. Nothing doubtful there. So the second hint needs updated/changed 
You need to wait for about half an hour more and if not guessed at that point the third hint will be dropped 
Third hint:
In order to “survive” both of them need to go from very cold to very hot in a short time
Next hint at 20:00 UTC
This is how I have to learn that I don’t know anything about wizards or lizards? 
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But the lizard-y creatures are real (existed), right?
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I do believe it is from Harry Potter and related to the fire-making powers
So i’ll say that the answer is the ability to shoot fire
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Could easily be something like that. Maybe the lizard is a dinosaur that has to be thawed out or something.
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You need to think out of the box. Maybe go a bit away from thinking about real actual lizards 
One word in your answer CAN lead you on the right path