Weekly (September16th-September20th)

1、SEC Chairman and Commissioner will discuss cryptocurrency at US Congress hearing next week

According to a notice on the US House of Representatives website, the US House Financial Services Committee plans to hold a hearing next week (September 24) to ask the Securities and Exchange Commission (SEC) about cryptocurrencies and Facebook Libra projects. SEC Chairman Jay Clayton and Commissioners Robert Jackson, Elad Roisman, Allison Lee and “Encryption Mom” Hester Pierce will be present. The hearing will cover the SEC’s actions in the cryptocurrency field and the comparison between the private market and the public market, disclosure of listed companies, enforcement and fiduciary duties. (coindesk)

2、 The largest blockchain project in the financial services industry! JPMorgan Chase’s interbank information network expanded to more than 300 banks

JPMorgan Chase announced that in the past 12 months, JPMorgan Chase’s Interbank Information Network (IIN) has expanded rapidly. More than 330 banks including Deutsche Bank have expressed their willingness to join IIN, of which more than 65 have been launched since 2018. It has been officially launched at IIN.

3、 State Council: Promoting deep integration of new technologies such as big data and blockchain with the transportation industry

Recently, the Central Committee of the Communist Party of China and the State Council issued the “Outline for the Construction of a Powerful Country” (hereinafter referred to as the “Outline”). The outline proposes to promote the deep integration of new technologies such as big data, Internet, artificial intelligence, blockchain and supercomputing with the transportation industry in terms of smart transportation innovation. Promote the development of data resources to enable transportation, accelerate the integration of transportation infrastructure networks, transportation service networks, energy networks and information networks, and build a ubiquitous and advanced traffic information infrastructure. Establish an integrated transportation big data center system to deepen the development of public transportation services and e-government. Promote the application of the Beidou satellite navigation system. (Xinhua News Agency)

4、 Eaterfang Test Network Chief Developer: Ethereum Test Network, Ropsten and Gorli will be upgraded on October 2 and October 30, respectively

Former Ethereum core developer and current Ethereum test network chief developer Afri Schoedon issued a tweet to announce the specific upgrade time of the Ethereum Istanbul upgrade test network, Ethereum test network Gorli will be upgraded in block 1561651, the estimated upgrade time is 10 On the 30th; Ethereum test network Ropsten will be upgraded in block 6485846, the estimated upgrade time is October 2.

5.The average hash rate of 5 special coins has exceeded 102.8 EH/s for the first time, setting a record high.

The average bitcoin hash rate has exceeded 100 EH/s threshold for the first time to reach 102.8 EH/s, a record high. Earlier on September 16th, the media sent an analysis saying that the bitcoin hash rate has reached a new high, indicating that more than 500,000 new top-grade mining machines may be launched in the past three months. The average hash rate of predicted bitcoin will be in its history. For the first time, it broke the threshold of 100 EH/s, and just less than three days ago, the average bitcoin hash rate has broken through this threshold. (Blockchain.com)

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