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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.
Hong Kong Court Convicts Tiananmen Vigil Organizers on August 21
Hong Kong court convicts Lee Cheuk-yan and Chow Hang-tung of inciting subversion for organizing Tiananmen vigils. Both face up to 10 years in prison. Sentencing delayed to next week.
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…
Singapore Director Declared Bankrupt Over SGD 407 Unpaid Workers Case
Ramu Palani Velu, director of KPA Engineering and six other Singapore firms, declared bankrupt after 407 migrant workers lodged claims for unpaid wages totalling months of missed salaries.
Fauci Adviser Morens Pleads Guilty to Hiding COVID Records on August 19
Dr. David Morens, former Fauci adviser, pleads guilty to conspiracy to conceal COVID-19 research records. Faces up to 5 years in prison; sentencing set for November 12.
Crypto Prices Today: Bitcoin Hits $69,551, Ethereum Gains 17.74% as Hyperliquid Surges 20.97%
Crypto prices surged sharply on Thursday, August 20, 2026, breaking weeks of sideways trading. Bitcoin jumped to $69,551, gaining roughly 8% in 24 hours. Ethereum climbed 17.74% to reclaim the $2,000 level, while Hyperliquid’s HYPE token surged 20.97%. The rally followed a surprise US Treasury announcement to double its long-dated bond buyback operations. Total crypto…
NVDA Stock, AMD Stock, Micron and Broadcom Gain as AI Spending Estimates Rise
AI spending estimates are rising again, giving semiconductor stocks a fresh boost. On August 7, 2026, Goldman Sachs estimated global AI investment could reach about $1 trillion this year, above widely cited hyperscaler spending forecasts. That outlook is supporting demand for AI chips, memory and networking hardware. As a result, NVDA stock, AMD stock, Micron…
Former Fauci Adviser Morens Pleads Guilty to Hiding COVID Records on August 19
Former NIAID adviser David Morens pleads guilty to conspiracy to conceal COVID-19 research records. He faces up to five years in prison at sentencing on November 12, 2026.