ICON Newsletter - February 2023

Feb 21, 2023

What’s Trending

👉 A BTP milestones list was published with the January Development Update. Offering a closer look into Parameta’s BTP development and integrations progress.

👉 ICON announced a fresh Unchained newsletter sponsorship. With over 12K subscribers, the Unchained daily newsletter offers a no-hype resource for all things crypto.

👉 Omm recovery proposal get voted in with a 98,97% approval rate. The recent Omm hack saw a 1.9M USD loss in collateral, an amount which this recovery proposal aims to cover.

👉 Studio Mirai & Friends Twitter Spaces reach Episode 5: Stories from the ICON community.

👉 In person ICON meet-ups are popping up in Colombia and the Netherlands. Connecting Web3 enthusiasts, developers and investors as Web3 Partners.

👉 Submissions to the ICON Hyperbuild Hackathon have officially opened and will remain so until the 16th of March.

👉 The Korean Financial Services Commission (FSC) introduced a set of policy tasks to overhaul regulatory system on the issuance and distribution of security tokens in order to allow security token offerings within the regulatory scope of FSCMA.

“The FSC’s recently published guidelines around security tokens (STOs) could prove to be a big step in the right direction. Although it pertains to private blockchains in the short term, it will vitalize new innovation in our space that may eventually spill over to the public blockchains.“

ICON Development Update - January 2023

In January, the ICON team continued making progress on BTP and ICON 2.0. Work on the xCall service integration into IBC has commenced. We’d like to share our BTP 2.0 Milestones with our community. What stands out is that, as the BTP 2.0 protocol is being built, the team is also developing two key integrations: BSC and ETH 2.0.

In the coming month, we aim to publish a milestone board, similar to the BTP milestones, for the IBC integrations work.

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