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Block Ordered to Pay $120M CFPB Restitution for Cash App Fraud Failures
Block must pay $45M to states and $75M-$120M to Cash App users via CFPB restitution for fraud failures, account security gaps, and inadequate customer support.
Solana Climbs 4.7% to $91.76 as Network Speed Upgrade Launches
Solana rallies 4.7% to $91.76 on August 21 as the network begins a block time reduction upgrade aimed at doubling transaction speed.
Hong Kong Silver Bonds 2026 Open for Subscription at 4.25% Rate on August 21
Hong Kong Silver Bonds 2026 now open for subscription until September 4. Guaranteed 4.25% annual rate beats bank deposits at 2-3%. Three-year bonds issued September 15 for Hong Kong residents born 1967 or earlier.
Bitcoin Price Today: BTC Soars 8% to $74,982 as Crypto Rally Explodes; Ethereum, XRP Surge
Bitcoin surged 8% to $74,982 on Friday, August 21, 2026, extending a powerful weekly rally. The cryptocurrency has now climbed nearly 20% since Monday, fueled by a surprise US Treasury policy shift. Ethereum jumped toward $2,300, gaining roughly 18% in 24 hours, while XRP surged past $1.25. Total crypto market capitalization reached $2.56 trillion, up…
Tech Stocks to Watch: Alphabet Lifts 2026 Capex Forecast to $195B-205B
Alphabet is spending more to keep up with demand for artificial intelligence. On July 22, 2026, the Google parent raised its 2026 capital expenditure forecast to $195 billion-$205 billion, up from $180 billion-$190 billion. The increase comes as Google Cloud revenue jumped 82% to $24.8 billion in the second quarter. As AI demand drives higher…
Scott Bessent Pushes Treasury Buybacks as Bond Vigilantes Challenge US Debt
Scott Bessent doubled Treasury’s long-term bond buyback program on August 19, 2026, raising the per-operation cap from $2 billion to at least $4 billion. The Treasury secretary told CNBC Thursday the size could climb even further. Yields fell sharply on the news, with the 10-year note dropping 5.7 basis points to 4.647%. Bessent’s move directly…
5.3 Million Australians Get Centrelink Boost From September 20
More than 5.3 million Australians will receive higher Centrelink payments from September 20, 2026, including pension, JobSeeker, and Youth Allowance increases. Deeming rates also rise.
X JAPAN’s YOSHIKI Donates ¥10M to Chiba After Record Floods on August 20
X JAPAN’s YOSHIKI donates ¥10 million to Chiba Prefecture disaster relief after record August 13-14 floods. The musician has given ¥10 million three times in 2026 alone.
5.3 Million Australians Get Centrelink Boost From September 20, 2026
From September 20, 2026, over 5.3 million Australians will receive higher Centrelink payments. Age pensioners gain $36.80 to $1,237.70 per fortnight. JobSeeker rises $16.20 to $833.70. Total relief: $4 billion.