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XRP Activity Surges to 222.4 Million Q2 Transactions Despite Falling Active Addresses
XRP Ledger processed 222.4 million transactions during the second quarter of 2026, marking the second-highest quarterly total in its history. That figure came in just 6.5% below Q1’s record of 238.0 million transactions. Blockworks’ “State of XRP” quarterly report also revealed a notable divergence: while total transaction volume stayed strong, average daily active addresses fell…
Gaja Alternative IPO GMP Today: How Gaja Capital Is Challenging the AIF Model
Gaja Alternative IPO’s Grey Market Premium stood at ₹21 as of Thursday, August 20, 2026, 9:45 AM IST. That implies a listing price near ₹181, a 13% premium over the ₹160 upper band. The ₹550 crore issue from Gaja Capital’s asset management arm closes for subscription on August 21. Overall subscription remained modest at 0.30…
Social Security COLA 2027: New 3.6% Estimate Shows a Smaller Raise for Retirees
The Social Security COLA for 2027 now stands at an estimated 3.6%, according to The Senior Citizens League. That’s down from 3.8% forecasts published in June and July. The drop follows July’s Consumer Price Index report, which showed inflation cooling to 3.4% year-over-year. Retirees would still see the largest benefit bump in four years if…
Alibaba Sells Lingxi Games for $1.5B, Pivots to AI on August 20
Alibaba sells gaming unit Lingxi Games to Trustar Capital for USD 1.5 billion, redirecting capital to AI and cloud infrastructure as part of CEO Wu Yongming’s business restructuring.
Russians Pull €24.4B From Banks in 7 Months as War Fears Mount
Russians withdrew €24.4 billion from banks in the first seven months of 2026, fearing the Kremlin will seize deposits to finance the Ukraine war. Five of Russia’s seven largest banks recorded net outflows.
Great Western Highway Reopens Q2 2027 After $200M Federal-State Funding Boost
Federal and NSW governments commit $200 million to rebuild Great Western Highway at Victoria Pass, with reopening targeted for Q2 2027 and a new overtaking lane to follow.
Berlin Faces €7.2 Billion Beamte Backpay Bill After Court Ruling on August 19
Berlin civil servants may receive €1.3 to €7.2 billion in back pay after Federal Constitutional Court ruled their salaries fell below constitutional minimums from 2008 to 2020. Individual payouts could reach €123,256.
SK Hynix to Buy Back and Cancel 40 Trillion Won ($28.61 Billion) in Shares as AI Chipmaker Boosts Investor Returns
SK Hynix announced Wednesday, August 19, 2026, that it will buy back and cancel 40 trillion won worth of shares. That figure equals approximately $28.61 billion at current exchange rates. The board approved repurchasing 24.07 million common shares, about 3.3% of total shares outstanding. This marks the largest treasury share cancellation ever by a South…
Indonesia Launches Credit Card to Challenge Visa and Mastercard on August 19
Bank Indonesia launches Indonesian Credit Card for consumers and businesses, challenging Visa and Mastercard’s market control. Eight local banks now issue the card on the QRIS payment network.