The latest from across the @helloiconworld 🗞️

The July newsletter has landed and, as ever, begins with a foreword from @minhokim 👇
https://newsletter.icon.community/p/balanced-ships-its-fourth-integration

Progress on integrations and a focus on security throughout June as ICON ensures #SuiMove and #EVM contracts are rock solid.

Security first, @BalancedDAO coming to $Sui soon™️

The ICON Network now hold 291 $BNB, contributing to growing Network Owned Liquidity for @BNBCHAIN on @BalancedDAO

◆ Regular acquisitions
◆ Compounding of fees
◆ Smoother cross-chain trades

In June, significant progress has been made on integrations and core systems, including optimization for relays. An additional focus for this month was security, with external audits completed for Solidity and scheduled in July for Sui's Move contracts.

🌳 Check out the June Development Update

Continued progress with cross-chain integrations and a focus on security as we close out the second quarter of 2024

Read the full article below 🔽 $ICX $SUI $SOL $XLM $STX
https://www.icon.foundation/blog/2024/june-2024-ensuring-security-across-solidity-and-move

To everyone celebrating in the #usa

Happy 4th of July! 🎆
#independanceDay #july4

The ICON Network now hold 7337 $AVAX, contributing to Network Owned Liquidity for @avax on @BalancedDAO 🔺

◆ Regular acquisitions
◆ Compounding of fees
◆ Smoother cross-chain trades

🧵 Check out the latest episode of Inside ICON with @EyeonICON1 and
@minhokim

The pair catch us up on outreach, integrations for @BalancedDAO and the regulatory environment for cryptocurrencies $ICX

The ICON Network now hold 54 $ETH, contributing to Network Owned Liquidity for @arbitrum and @BNBCHAIN on @BalancedDAO

This pool continues to deepen with:
◆ Regular acquisitions
◆ Compounding of fees

A bug was found in IISS 4.0 on June 28, causing ICX under-issuance and risking chain halt. The community promptly fixed the bug and partly replenished the treasury. The network is now stable with plans to address the remaining shortfall.

The ICON Network now hold 7431 $INJ, contributing to Network Owned Liquidity for @injective on @BalancedDAO

This pool continues to deepen with:
◆ Regular acquisitions
◆ Compounding of fees

@BalancedDAO has launched on @base

Take your bags cross-chain with Balanced's seamless native swaps 🎒
https://www.icon.foundation/blog/2024/base-defi-expands-with-balanced-cross-chain-dex

Base users can now swap cross-chain assets natively and borrow against tokens on Balanced, through ICON's Cross-Chain Framework. Stay tuned as Network Owned Liquidity deepens and additional blockchain connections are introduced.

Introducing ICON's new cross-chain token standard ✔️

Being developed by @Venture23xyz and with integration into @BalancedDAO, projects will be able deploy tokens on any connected blockchain using a single liquidity pool, improving efficiency and control.
https://www.icon.foundation/blog/2024/introducing-icons-cross-chain-token-standard

ICON simplifies cross-chain token launches with its new cross-chain token standard, integrated with Balanced DEX. Projects can now deploy tokens on any connected blockchain with a single liquidity pool, maximizing efficiency and control.

@BalancedDAO burns its first 100K $ICX

This follows the first 4 months since Balanced was enshrined by @helloiconworld, agreeing to burn 50% of its trading fees as ICX.

The ICON Network now hold 6990 $AVAX, contributing to Network Owned Liquidity on @BalancedDAO 🔺

◆ Regular acquisitions
◆ Compounding of fees
◆ Smoother cross-chain trades

The ICON Network has begun acquiring cross-chain $BTC assets as Network Owned Liquidity 🦖

The unified liquidity pool for BTC is now established, with front-end trading on the way to @BalancedDAO