Crypto Industry News & Market Trends

Banksy, Star Wars and JPMorgan Meet in a $1 Billion Museum

Mellody Hobson opens the Lucas Museum of Narrative Art in Los Angeles on September 22 with her husband. The privately funded project cost roughly $1 billion.　　Hobson co-chairs the museums board. She co-runs Ariel Investments and holds a seat on the JPMorgan Chase board, where she also serves on the risk committee.　　Discover more　　Brokerages & Day Trading　　Stocks & Bonds　　News　　The Wall Street Half of the Museum Sits on JPMorgans Board　　Hobson joined the JPMorgan board in 2018. She has served as co-CEO of Ariel Investments since 2019, after serving as president from 2000. Meanwhile, the bank she helps oversee has turned into one of the loudest institutional voices in digital assets.　　JPMorgans blockchain unit, Kinexys, has processed more than $3 trillion since its inception. It now averages over $5 billion in daily volume. This year, the bank opened its JPM Coin deposit token, JPMD, to institutional clients on Base, the Ethereum layer-2 network built by Coinbase.　　South Korea‘s KB Kookmin Bank said in July it would start routing dollar trade payments over JPMorgan’s Kinexys network in August. As a result, the risk committee Hobson sits on covers a lender that already settles billions onchain. Strategy meanwhile ranked JPMorgan behind Fidelity in its Bitcoin banking index.　　The Lucas

09-06Industry

Bitwise CIO Calls Bitcoin and Zcash Assets to Own for the Next Decade

Key TakeawaysHougan recently told investors to own bitcoin for debasement, Zcash for privacy and tokenization plays.Zcash crossed $1,000 the same day, and Grayscales ZCSH ETF has grown to $414.7 million since Aug. 25.Hougan has argued since December that bitcoin will break its four-year cycle and set new highs in 2026.　　Three Stories, One Portfolio　　Matt Hougan isnt typically one to pick individual assets, as the Bitwise chief investment officer spends most of his airtime on structure, be it exchange-traded funds (ETFs), financial advisors, or regulation. However, in a recent interview, he decided to name names. His list:Bitcoin for currency debasementZcash for privacyA decade-long tokenization super cycle spanning ETH, SOL, UNI “and more.”　　Bitcoin, the Debasement Hedge　　Hougans thesis is the oldest one in crypto, i.e., governments borrow, currencies weaken, hard assets win. He laid out the debasement narrative again as one of five structural shifts behind his bull case, alongside regulatory progress, stablecoin growth, tokenization, and revenue-generating tokens. “The crazy thing about 2026 is how easy it is to be bullish,” he wrote, and a Bitwise model of sovereign debt dynamics sketched an illustrative bitcoin fair value of $224,000.　　He has also gone on record saying the four-year cycle is dead, and last December he

09-06Industry

Dollar Stablecoins Could Put Pressure on Local Currencies

Dollar-backed stablecoins could pressure local currencies when exchanges allow direct fiat purchases, a Bank of Korea study found. Researchers examined 12 currencies on Binance, including Brazils real, and tracked trading involving USDT and USDC.　　Stablecoin Demand Hits Currency Markets　　The findings linked dollar-stablecoin demand with foreign-exchange markets. When demand rises, market makers can sell local currencies to buy dollars. Consequently, that activity can add pressure to exchange rates.　　Related: Singapores New Stablecoin Framework: What Issuers Need to Know　　Direct fiat-stablecoin listings also cut local stablecoin premiums by about 0.33 to 0.38 percentage points. Additionally, stablecoins moved toward local exchanges when prices exceeded Binance levels.　　South Korea showed a different pattern because Binance lacks a direct won-stablecoin pair. Hence, the study found weaker evidence of direct pressure on the won.　　Korea Faces Growing Stablecoin Demand　　The Bank of Korea said these links could deepen as corporate and foreign participation grows. Moreover, it said policymakers should consider greater international use of the won and deeper FX liquidity.　　Meanwhile, 21 financial institutions plan to launch a dollar-pegged stablecoin in early 2027. The group also plans tokens linked to other G7 currencies, with the euro as a priority.　　Related: CLARITY Act Faces Key Sept. 15 Vote: Is India Falling Behind in Crypto Regulation？

09-06Industry

IndyCars Conor Daly Gets Full Season Ride With Dreyer & Reinbold

Conor Daly waves to the crowd before the 110th Running of the Indianapolis 500 at Indianapolis Motor Speedway on May 24, 2026 in Indianapolis, Indiana. (Photo by Justin Casterline/Getty Images)　　Getty Images　　Conor Daly is one of the most popular drivers in the NTT IndyCar Series because of his great sense of humor, ability to connect with the fans, and his popular SPEED STREET Podcast on Dale Earnhardt, Jrs Dirty Mo Media.　　Saturday at WeatherTech Raceway at Laguna Seca, Daly was introduced as the fulltime driver at Dreyer & Reinbold Racing, which returns to full-time IndyCar participation for the first time since the 2012 season.　　Daly will be the driver of the No. 24 entry. Dreyer and Reinbold Racing are also switching from Chevrolet to Honda.　　Dreyer & Reinbold Racing purchased one of Rahal Lettermen Lanigans three Charters on July 22. To maintain a technical alliance with RLL, both operations would need to have the same engine.　　Dreyer & Reinbold Switches From Chevrolet To Honda　　The team based in Carmel, Indiana previously utilized Honda engines from the 2005 to 2011 seasons.　　Discover more　　Trade Crypto Assets　　Choose POS Systems　　Deploy Cloud Servers　　“Changing those relationships is never easy, I‘d say,” said Dreyer & Reinbold President and Chief Commercial Officer Brett DeBord. I

09-06Industry

Ridley Scott‘s ’Dog Stars Projected To Dive 64% At Weekend 2 Box Office

“The Dog Stars” key art featuring Josh Brolin, Jacob Elordi, Margaret Qualley and Guy Pearce.　　20th Century Studios　　The Dog Stars, director Ridley Scotts post-apocalyptic tale starring Jacob Elordi, Margaret Qualley and Josh Brolin, is projected to drop big in its second weekend of release after an already weak opening frame at the box office.　　Based on Peter Hellers bestselling novel of the same name from 2012, The Dog Stars follows a pilot, Hig (Elordi), and a survivalist, Bangley (Brolin), as they venture into treacherous surroundings after they receive a mysterious radio transmission. Qualley plays a medic, Cima, while Guy Pearce also stars as her former Navy SEAL father, Jack.　　Forbes‘To Catch A Predator’ Film ‘Primetime’ Wins Praise In Reviews Out Of VeniceBy Tim Lammers　　Produced by 20th Century Studios, The Dog Stars got off to a rough opening weekend at the box office, earning $7.7 million from 3,330 North American theaters Aug. 28-30 against a net $70 production budget (via Deadline) before marketing costs. Unfortunately for The Dog Stars, its second weekend in theaters — which is extended a day thanks to Labor Day on Monday — isnt looking any better.　　Discover more　　Engineering & Technology　　Currencies & Foreign Exchange　　Stocks & Bonds　　According to Deadline, The Dog Stars

09-06Industry

UFC 332 Updated Card, There's a New Main Event Title Fight

NEW YORK, NEW YORK – JULY 26: President and CEO of Ultimate Fighting Championship Dana White speaks at a press conference following fight night at Infosys Theater at Madison Square Garden on July 26, 2026 in New York City. (Photo by Evan Bernstein/Getty Images)　　Getty Images　　It‘s official. Natalia Silva will face Wang Cong for the now vacant UFC Women’s Flyweight Championship in the main event of UFC 332 at Salt Lake City. The bout and the stakes were made official during the UFC Paris broadcast on Saturday. Here‘s the info on where the card stands now and what this means for Valentina Shevchenko. Let’s talk UFC.　　UFC 332 Key FactsDetailInfoEventUFC 332DateSaturday, October 3, 2026VenueDelta Center, Salt Lake CityMain eventNatalia Silva vs. Wang CongAt stakeVacant UFC women‘s flyweight championshipAnnouncedSaturday, during the UFC Paris broadcastBroadcastParamount+ and CBSNatalia Silva20-5-1 MMA, 8-0 UFC, age 29Wang Cong10-1 MMA, 5-1 or 6-1 UFC depending on whether Road to UFC countsWang’s rankingTop 10, with outlets listing her anywhere from No. 6 to No. 10Valentina Shevchenko26-4-1 MMA, 15-3-1 UFCShevchenkos statusOut roughly a year with an undisclosed injury　　Play-by-play voice John Gooden delivered the news on the broadcast. The UFC has said Shevchenko gets a title shot when she is cleared, which

09-06Industry

Poland Crypto Bill Blocked After Third Veto

Poland‘s Sejm fell 25 votes short of overriding Nawrocki’s third veto.The deadlock leaves domestic crypto firms without a clear MiCA licensing route.The Zondacrypto investigation has added political pressure to the dispute.　　Poland‘s crypto regulation remains stalled after lawmakers failed to overturn President Karol Nawrocki’s third veto of the legislation.　　The Sejm voted Friday to override Nawrockis veto, but supporters remained 25 votes short of the required three-fifths majority. Of 442 lawmakers present, 241 supported the motion, while 198 opposed it and three abstained.　　Polish Lawmakers Fail to Reach Override Threshold　　According to a report by Polish Radio, the result prevents the cryptocurrency regulation bill from advancing after months of political disagreement over Polands digital asset framework. The proposed legislation would have placed the domestic crypto market under the Polish Financial Supervision Authority (KNF).　　Under the proposed framework, KNF would oversee crypto-asset service providers, licensing requirements, reporting obligations, and regulatory compliance across Polands digital asset market.　　Discover more　　NEWS　　Choose POS Systems　　Track Stocks Bonds　　However, the president has repeatedly argued that the government-backed proposal places excessive regulatory burdens on legitimate crypto businesses. He has also warned that stricter requirements could encourage Polish companies to relocate their operations elsewhere.　　Nawrocki had previously submitted 16 proposed amendments, but lawmakers adopted only one. As

09-06Industry

BIS Tests XRP Ledger to Anchor Official Statistics On-Chain in Proof-of-Concept Paper

A BIS working paper tested the XRP Ledger as a proof-of-concept for verifying official statistics on-chain. Heres what it found.　　A Bank for International Settlements (BIS) working paper tests the XRP Ledger (XRPL) as a proof-of-concept for verifying official statistics on-chain, recording cryptographic fingerprints of public datasets that publish in three to five seconds and verify in one to two.　　The Working Paper No 1374 essentially asks how statistical agencies can give users an independent way to check the origin and integrity of published data without changing their existing dissemination systems.　　International organizations (the BIS among them) rely on the SDMX standard to exchange official statistics, and the prototype binds each SDMX dataset to its source by hashing it and writing a single summary value to the ledger.　　Though only the fingerprints reach the chain, never the underlying numbers, so confidential data stays off-ledger, and the method extends to formats such as XBRL. The BIS has tested public blockchains before, including Project Mariana, which trialed wholesale central bank digital currency settlement on a public chain with the central banks of France, Singapore, and Switzerland.　　The system normalizes each file with Canonical XML 1.1, hashes it with SHA3-512 at the whole-file and per-series level, and collapses

09-06Industry

U.S. Strikes Three Iranian Oil Tankers After Missile Attacks

The U.S. military struck three Iranian oil tankers on Sept. 5 after Iran fired missiles toward two American warships. CENTCOM said its forces disabled two carriers near Kharg Island and Jask. American forces also destroyed another tanker in the Gulf of Oman.　　The strikes followed what CENTCOM described as multiple Iranian attacks against a U.S. aircraft carrier and guided-missile destroyer. However, the American ships evaded the missiles, and no U.S. personnel suffered injuries.　　U.S. Targets Irans Oil Network　　CENTCOM said the tankers form part of a multibillion-dollar network supporting the IRGC and regional proxies. Moreover, the command warned that Irans exposed oil fleet could face further strikes.　　Related: Bitcoin Price Prediction: Can BTC Push to $84,000 Before the Fed Meets Again？　　“Let the message to the IRGC be clear: If you shoot at two of our ships, we will impose an even higher economic cost —taking out three of yours,” Adm. Brad Cooper said.　　Additionally, fighting has intensified since the 60-day ceasefire expired last month. As a result, attacks have spread across Gulf states, including the UAE, Bahrain, Kuwait and Jordan.　　Oil Routes Face Growing Risks　　The attacks also put the Strait of Hormuz back in focus. Traders are watching for any disruption that could tighten oil supplies

09-06Industry

Fake Ministry Letter: 19% VAT on Crypto Purchases

If a letter reaches you demanding, in the name of the Federal Ministry of Finance, 19 percent VAT on your purchase of cryptocurrency, the answer is short: no such claim exists in German tax law, and the ministry does not send it. The Federal Ministry of Finance has listed this exact letter as a forgery on its warning page since September 1, 2026. Pay nothing, do not reply, click no link.　　The case still deserves more than three sentences, because this wave is better built than the usual bulk emails. The perpetrators cite real transactions, they use official terminology, and they hit a nerve: since the start of 2026, trading platforms have been reporting user data to the tax authorities, and many investors are expecting mail from the authorities anyway. That expectation is exactly what the scam exploits.　　Fake finance ministry letters on crypto VAT: what the ministry reported on September 1　　On the page warnings from the Federal Ministry of Finance, as of September 1, 2026, the case is set out in spare words. In a forged letter, the ministry supposedly confirms that a company selling cryptocurrency, meaning a crypto exchange or a crypto broker, is authorised to collect 19 percent VAT

09-06Industry

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