Week in Internet Computer (#ICP) News, Mar 23 , 2024

DFINITY Foundation held a bounty event at ETH Denver 2024, involving 20,000 global developers to participate in innovation on IC.

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Week in Internet Computer (#ICP) News
March 23, 2024

Important announcements

  • DFINITY Foundation held a bounty event at ETH Denver 2024, involving 20,000 global developers to join innovation on IC.

  • Neurons' Fund update: Change the Neuron's Fund participation from 333,000 ICP to 750,000 XDR.

Governance Proposals

  • Proposal 128768, upgrade frontend NNS Dapp canister, Add feature flag ENABLE_HIDE_ZERO_BALANCE.

  • Proposal 128770, DFINITY proposes to set a limit of 120,000 canisters per subnet, to avoid overloaded subnets.

  • Proposal 128800, Register a node provider 'Ferndale International'.

  • Proposal 128809, Register a node provider 'Aitubi AG'.

IC Protocol Updates and Forum Digest

  • NFT Token Standard Working Group

    • ICRC-7 & ICRC-37 have been updated to reflect the recent changes to ICRC-3.

  • Technical Working Group DeAI

    • The discussion emphasised the importance of using common data formats like ONNX for AI model interoperability and the role of ONNX runtime in facilitating AI deployments on the IC.

  • DeFi Working Group

    • DFINITY team presented an idea of user-paid messages. DFINITY.

  • Reevaluating Neuron Control Restrictions

    • The Internet Computer Protocol restricts canisters from controlling neurons. New proposal is to strengthen the bond between neuron controllers and neurons via Proof-of-Knowledge (PoK) cryptographic key, incentivizing users to participate by adjusting voting power and rewards.

  • Proposal to set canister limit

    • DFINITY team proposed to set an upper limit of 120k for the number of canisters per subnet.

SNS Launch Updates

  • Upcoming ICPanda DAO Launch SNS

    • SNS launch in progress and still have 11 days to participate.

  • Upcoming OpenFPL SNS decentralisation sale

    • SNS launch in progress and still have 8 days to participate.

  • Upcoming ICPSwap SNS decentralization

    • Proposal 128358 is submitted to create an SNS named 'ICPSwap'.

  • Upcoming ELNA SNS Decentralization Sale

    • SNS launched with 899 participants and 239'710.17ICP committed.

Applications & Builders

  • Total Staked ICP:  243’775’132

  • ckBTC: 198.6607

  • ckETH:  339.3029

  • New members in Ecosystem: Big welcome!

    •  Audionaut, an Internet Computer-powered radio player.

    • CCAMP, a modular custom data-driven Cross-chain Asset Management Protocol.

    • Pluto, a Rust framework for building efficient blockchain-side applications.

    • zkCross Network, a transformative approach to improve DeFi interoperability.

  • Ecosystem Projects Highlights:

    • ICLighthouse:

      • Proposed to transfer 1238000 ICL to Conversion Trader and transfer 3628000 ICL to Airdrop Canister.

    • GoldDAO:

      • Proposed to transfer 78'371 ICP to the 8-year NNS neuron of the Gold DAO and transfer 4'000 GLDGov to create a Gold DAO neuron on OpenChat.

    • Dragginz:

      • Proposed to change logo.

    • BOOMDAO:

      • Proposed to Commit changes to Login Webpage Asset Canister.

    • OpenChat:

      • Proposed to transfer 100k CHAT & 4500 ICP liquidity to Helix.

Community Updates

  • ICP.Hub UK had launch event in London.

  • ICP.Hub Poland launched "Web3 Student EXPO" event.

  • ICP.Hub Brazil  presented IC at RIO Crypto Hub.

  • ICP.Hub Portugal announced the winners of Hackathon: ICP Lend Protocol, Trumarket, Hack.

  • ICP.Hub Balkan joined Fintech Conference "Money Motion" event.

  • ICP.Hub Germany kicked off "Code 2 Community" event at LooB.lab.

  • ICP.Hub  Canada & US, member of Live AI board, encourage all innovators to join in 2024 LIVE AI Hackathon.

  • ICP.Hub Indonesia announced Hackathon winner teams: HireVerse, Dream Weaver, Reef Rascals.

  •  ICP.Hub India had a tech extravaganza at Chandigarh University.

  • ICP.Hub India hosted event "innovative dive into blockchain technology at Silicon Institute of Technology".

  • ICP.Hub Kenya announced Hackathon winner teams: Saka AI, ICP 3D metaversa, INUA DAO.

  •  ICP.Hub Nigeria will have Devworkshop in collaboration with Blockchain for Africa.

  • ICP.Hub Korea announced "ICP House" Dev event in Seoul.

Coming Events

  • 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

  • SEC delays decision on VanEck spot Ethereum ETF.

  • U.S. Democrat senators urged the SEC to deny any further crypto ETPs.

  • Coinbase asks appeals court to direct SEC to begin writing rules for crypto.

Industry News

  • Celer has announced support for MOON to bridge or transfer coins to Arbitrum One, set to launch on March 20.

  • Stability.ai and Render Network announced partnership.

  • Aptos Labs partners with Google Cloud on 'Aptos Gamestack'.

  • Grab's Singapore users can now use cryptocurrency for payment.

  • Blackrock Launches Tokenized Asset Fund on Ethereum.

  • Japan's government pension fund is seeking information on "illiquidity assets" like bitcoin for potential new investments research.

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