Week in Internet Computer (#ICP) News, Feb 24, 2024

Important announcements

• Rustic, a framework for Ethereum developers, simplifies building on the ICP using patterns similar to OpenZeppelin's SmartContracts.

• DFINITY provides top3 ETH Denver Bounties! Targeting to extend Ethereum with ICP and innovatives based on IC technology.

• DFINITY Blog release: Unlocking BTC/ETH Cross-Chain Swaps With DEXs on ICP.

Governance Proposals

• Proposal 127771, Proposal to upgrade the ckBTC minter canister.

• Proposal 128080, Register a node provider 'Technical University of Munich'.

• Proposal 127683, Register SyT - Servicios y Telecomunicaciones S.A. datacenter as ar1 in South America,AR,CABA.

IC Protocol Updates and Forum Digest

• NNS Dapp To Remove Protobuf Dependency: Upgrade Your Ledger IC app to 2.4.9

  • The NNS dapp is migrating away from protobuf, and a new version will be proposed that exclusively uses Candid for Ledger devices.

• SNS Tokenomics Analyzer

  • The SNS Tokenomics Analyzer is now integrated into the ICP Dashboard, allowing users to dynamically simulate various SNS tokenomics scenarios, visualized through charts and gauges.

• Long Term R&D: Integration with the Ethereum Network

  •  Estimated lead time for stablecoin is 3 months.

• Rustic, a framework for Ethereum developers, simplifies building on the ICP using patterns similar to OpenZeppelin's SmartContracts.

• Project idea: Composite Attestations Engine (CATTS)

  • CATTS, a smart contract canister on the Internet Computer, enables the creation of composite attestations using custom queries and EAS GraphQL API, ensuring reliability and transparency.

• sign with Ethereum’s private key and then send to canister, how to verify with motoko?

  • Option 1, The evm-txs.mo 1 library implements a Helper.getRecoveryId() function as shown in this test case.

  • Option 2, The ic-eth-starter project includes a Rust canister with a verify_ecdsa method (source code).

• Introducing “canbench”: a benchmarking framework for canisters

  • Canbench, a benchmarking framework for canisters, to monitor performance regressions as well as analyze the performance of code.

SNS Launch Updates

• Upcoming ICLighthouse DAO(ICDex) Launch SNS

  • Proposal 128084 is living for SNS launch voting.

Applications & Builders

• Total Staked ICP: 246’371’283

• ckBTC: 251.0108

• ckETH: 296.8557

• New members in Ecosystem: Big welcome!

  • Oisy Wallet, a browser-based Ethereum wallet secured by the Internet Computer and supporting networked-custody.

  • OptiSwap, smart contract suite, open-source R&D on Ethereum + ICP.

  • InvoiceMate, a dual-faceted Fintech platform.

  • Blueberry, a user's database, capturing mental and physical state data onto an open-computer system.

  • OutRank, a marketplace to accurate rarity evaluation.

• Ecosystem Projects Highlights:

  • Boom DAO:

    • announced the private testing phase for BOOM gaming guides has been started.

  • Neutrinite:

    • Proposed to transfer 15,500 ICP from the Neutrinite SNS treasury to the Neutrinomic Foundation.

  • OpenChat:

    • Group/community canisters updated to 2.0.1076, add implement ability to update user principals.

    • Proposed to transfer $10,000 of ICP to OpenChat Labs to pay for CoinTelegraph exposure.

    • Proposed to approve 1500 CHAT for supporting OpenChat Promotional Video via paid Ads.

  • Dragginz:

    • Announced minting day 11th March.

Community Updates

• ICP.Hub USA will host side event at Et Denver on 26th Feb.

• ICP.Hub Southern Africa partnered with African #Web3 & tech product community NODO to educate builders.

• ICP.Hub Hongkong will kick off 2024 University Tour starts on 26th Feb.

• ICP.Hub Balkan kicks off with 3 thrilling campaigns on @Galxe.

• ICP.Hub Indonesiajoined X space hosted by OKX.

• ICP.Hub North America , MonkeVentures and InnMind team up with College dao to revolutionize tech education in 100+ university clubs worldwide.

• ICP.Hub India event: BlachBash 2024.

• ICP.Hub Kushite will have Demo Day on 27th Feb.

• NeutronStar DAO released a guideline "Constellation" for begineer-friendly expanation about the Internet Computer's mechanisms.

• ICP.Hub Philippines hosted code camp towards student-developer..

Coming Events

• Feb 28 - Mar 3, ETH Denver, Colorado

• Mar 2, Blockchain Festival Asia 2024

• Mar 6, Crypto Valley Conference: Web3 Banking Symposium, Geneva

• Mar 15, ETHGlobal London

• Mar 18 - 20, Digital Asset Summit 2024, London

• Mar 26 - 27, WOW Summit, Hong Kong

• Mar 27 - 28, Buidl Asia 2024, Seoul, South Korea

• Mar 29-30, ETH Conference in Romania

• Mar 29 - 31, ETH Seoul, Seoul, South Korea

General Regulations

• A group of digital asset industry leaders have launched the Digital Assets Association (DAA) in Singapore.

• The HKSAR Government proposed to regulate virtual assets trading OTC.

Industry News

• Ethereum Mainnet shadow fork successfully upgraded to Dencun.

• The HKMA has decided to issue guidelines to promote a safe and secure environment for the development and use of tokenized products in the banking industry.

• Binance will stop listing privacy token.

• Ethereum developers set a target date of March 13 for its long-awaited Dencun upgrade.

• Alchemy's 2023 Web3 Development Report highlights a surge in web3 developer activity, driven by the rise of rollup frameworks and account abstraction.

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