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AFCA Ignores Wills on Charity Gifts: Study Finds Only 11% Follow Testator Intent
AFCA distributed superannuation according to wills in only 11.2% of cases examined, blocking charitable bequests. New research calls for law reform to protect testator intent.
Daniel Mulino Overhauls Super Rules: ATO Gets Veto Power on SMSF Transfers
Assistant Treasurer Daniel Mulino unveils major superannuation reforms including ATO veto power on SMSF transfers, new knowledge requirements, and disclosure rules to protect retirees from switching scams.
Kim Zolciak’s Son Arrested on Sex Crime Charges, August 22
Kroy Biermann Jr., 15-year-old son of Kim Zolciak and former Falcons linebacker Kroy Biermann, faces felony aggravated sodomy and sexual battery charges from an April 23 incident at Life Time Fitness in Alpharetta, Georgia.
Take-Two Subpoenas Microsoft, Discord Over GTA 6 Leaks on August 22
Take-Two Interactive subpoenas Microsoft and Discord to identify GTA 6 leakers. The company seeks account data and IP addresses to track down the CyberLeek group behind gameplay footage posted online.
Japan Tightens Visa Rules, Forcing Chinese Wealthy to Sell Tokyo Apartments
Japan’s stricter business visa rules have cut Chinese applications 96%, forcing wealthy residents to sell Tokyo luxury apartments within 30 days or face deportation. High-end condo sales in central Tokyo have dropped 60% year-over-year.
Lido Staked ETH Rallies 6.6% to $2,478 as RSI Hits Overbought 83.88
STETHUSD jumped 6.6% to $2,478.48 in 24 hours with RSI at 83.88, signaling overbought conditions and potential pullback risk.
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.