Is global warming being moderated by latent heat of melting polar ice?
Latent heat is a factor, but is completely eclipsed by the rate of global warming. 

For example, since 1978 the April (maximum) Arctic sea ice has decreased in volume by about $11,000$ cubic km. The latent heat absorbed by the ice to achieve this is about $3.7(10)^{18}$ Joules. Compare this to the amount of excess heat, which has been absorbed by the oceans, which is about $2.0(10)^{23}$ Joules per decade. That is, some three to four orders of magnitude more heat than the decadal heat required to melt the Arctic ice. 

Of course there are complications of the heat absorbed by land (much less than in the oceans), melting of Greenland and Antarctic ice sheets, and uncertainty over the depth of oceanic warming, due to sparsity of measurements, especially in the southern hemisphere. 

But however you cut the statistics, the latent heat is minuscule compared to the planetary heat imbalance.