Week in Internet Computer (#ICP) News, Sep 16, 2023

The ICP Hub initiative has created hubs worldwide in 15 nations and areas. Together, Hubs hosted events, supported 60 businesses, and collaborated with 32 universities since its inception.

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Week in Internet Computer (#ICP) News
September 17, 2023

The ICP Hub initiative has created hubs worldwide in 15 nations and areas. Together, Hubs hosted events, supported 60 businesses, and collaborated with 32 universities since its inception.

Governance

  • Proposal 124514 to create an SNS-DAO for Nuance.

New Nodes Provider Proposal

  • Proposal 124499, Register a node provider 'Power Meta Corporation'.

Events This Week

  • Sep 4 - 10, Korea Blockchain Week

  • Sep 7 - 11, @dominic_w brings #InternetComputer on stage at @LuganoNFTfest.

  • Sep 11 - 14, ICP.Lab Gaming & Metaverse workshop, DFINITY HQ, Zurich,CH

  • Sep 12, Coinstore Brand Launch Conference 2023, Singapore

  • Sep 12, Meta Era Summit 2023, Singapore

  • Sep 15, Web3Preneur Singapore Edition

IC Protocol Updates and Forum Digest

  • SEV Support for Replica Nodes

    • Sep 12, The mainnet now has an SEV enabled subnet for canister deployment and upgrade of hostOS and guestOS, with discussions on converting non-SEV replicas to SEV replicas out of scope. Aiming to have this milestone completed by early Q1.

  • SNS Tokenomics Analyzer

    • Sep 13, The SNS Tokenomics Analyzer aims to streamline the tokenomics process by parsing launch parameters from the updated init file format, eliminating information duplication, and incorporating simulation and visualization features to facilitate the review process.

  • Trustworthy Node Metrics for useful work

    • Sep 13, DFINITY team raised new proposal discussion in forum: The core idea is to introduce Trustworthy Node Metrics to improve visibility into node performance and influence node rewards. The Consensus layer will expose block maker success and failure data, which will be sent to the Message Routing layer. The MR layer will integrate this information into the replicated state, allowing users to query metrics within specific date ranges. A future feature could adjust node rewards based on these metrics, such that misbehaving nodes get penalties.

SNS Updates

Applications & Builders

  • Total Staked ICP: 251’466’166 ICP (49.7%)

  • Hackathons

  • Developer Tools & Docs

  • Ecosystem Projects Highlights:

    • BITFINITY: Sep 10, partnered with @IntractCampaign @IntractBuzz.

    • OpenChat: Sep 15, The proposal proposes adding the SLICE $SLI token to OpenChat, allowing users to send slices and reward members, enhancing community engagement and making the platform more dynamic and inclusive.

    • HotorNot: Sep 15, #HotorNotPreSNS airdrop distribution process has begun and will send rewards to our valued participants.

    • IC1101: Sep 14, announced the #TreasureHunt event in Shanghai Wanxiang Blockchain Week 2023 together with @zCloakNetwork.

    • Dragginz: Sep 16, Partnered with Nuance to launch 100% on chain blog.

    • IC 1101: Aug 7, calling all talented artists in the community to showcase NFT Art.

    • Modclub: Sep 15, Modclub Foundation discussed with ICPSwap about adding liquidity to the ICP/MOD pool on @ICPSwap.

Community Updates

  • ICP.Hub Singapore @icphubsg hosted online bootcamp to introduce #ICP to beginner learners.

  • Disruptives ICP.Hub @DISRUPTIVES_Hub, represented #InternetComputer at @coderblock Connect.

  • Crewsphere : ICP.Hub India @CrewsphereIN, will host "Web3 Sankalpa Tour is in full swing" event during 9th Sept- 12th Oct.

  • Hackathon Africa @HackathonAfrika ICP pitch Demo day on Sep 15.

Update Coming Events

  • IC Related Events

  • Sep 19 - 21, Philippine Blockchain Week 2023

  • Sep 20, Demo Tech Day: Step into the Future

  • Sep 19 - 20, Wanxiang Blockchain "The 9th Global Blockchain Summit"

  • Sep 21, Regenerative chains - from carbon negative to community positive, Lisboa, Portugal

  • Sep 22 - 23, Tum Conference, Munich, Germany

  • Sep 25 - 27, EDGE Global AI & Web3 Investment Summit, Hongkong

  • Sep 28, ICP Asia Alliance Launch Event, HongKong

  • Industry Events

  • Sep 19 - 21, Philippine Blockchain Week

  • Sep 21 - 12, Black Blockchain Summit, Washington DC

  • Sep 25 - 27, EDGE Global AI & Web3 Investment Summit, Hongkong

  • Oct 24 - 26, European Blockchain Convention, Barcelona

  • Oct 24 - 25, Blockchain Life 2023, Dubai

  • Nov 29 - 30, Policy Summit, Washington

General Regulations

  • US Securities and Exchange Commission Chair Gary Gensler defended his agency's agenda, which includes issuing over 24 crypto-related enforcement actions against businesses and individuals in the blockchain space, to hold wrongdoers accountable and promote investor protection.

  • US, Tom Emmer, House majority whip, reintroduced anti-CBDC bill, aimed at preventing Federal Reserve from offering CBDCs to individuals for monetary policy implementation.

  • Ethereum co-founder Vitalik Buterin's co-authors research paper explores how blockchains can remain private and comply with government regulations amid tensions between permissionless networks and government oversight, following recent charges against Tornado Cash co-founders.

  • Singapore's financial regulator has issued a nine-year prohibition order against Three Arrows Capital founders Su Zhu and Kyle Davies, preventing them from operating in the country's regulated financial services industry.

  • The US is still in the "basic research" phase of a central bank digital currency, according to Federal Reserve Vice Chairman Michael Barr, who emphasized the focus on system architecture and tokenization models.

Industry News

  • Berlin-based Finoa is expanding its brokerage and crypto staking services to include regulatory-compliant decentralized finance (DeFi) through its custodial wallet infrastructure, gaining license approvals from German regulator BaFin.

  • MetaComp, a digital asset platform, has introduced a Singapore-first service allowing clients to buy traditional securities like money market funds and U.S. Treasury bills for stablecoins, which it converts to fiat.

  • Grab and Circle are set to launch a Web3 wallet within the Grab superapp, allowing users to use NFT vouchers and earn rewards and collectibles during the Singapore Grand Prix.

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