Jon Cuthbert

• The Australian Competition and Consumer Commission has initiated Federal Court proceedings against Amazon, alleging unfair contract terms following the 2024 introduction of ads on its Prime Video service.
• Amazon faces this lawsuit amid a broader 2026-27 ACCC compliance push targeting standard form contracts and cancellation policies, which currently underpin the revenue models for global streaming services.
• Streaming platforms now operate under stricter 2026 legislation requiring consistent investment in Australian content, forcing providers to balance increased production costs against rising subscription fees.

Peter Stokes, a 19-year-old dual US-Estonian citizen, was extradited from Finland to the United States after prosecutors charged him with participating in an alleged US$8 million cryptocurrency ransom attempt linked to the Scattered Spider hacking group.

Commonwealth Bank of Australia (ASX:CBA) has eliminated 170 roles from its technology division as part of an ongoing restructuring process.

Strategy introduced a policy allowing selective sales of its 847,363 Bitcoin (CRYPTO:BTC) holdings to fund preferred dividend payments and share buybacks.

Rubicon Water (ASX:RWL) expects its preliminary FY26 revenue to land between $62 million and $65 million.

Erebor Bank is reportedly seeking a new funding round that could value the digital lender at more than US$8 billion after customer deposits increased from US$1.1 billion at the end of March to more than US$4 billion.

XRP (CRYPTO:XRP) climbed nearly 5% from about US$1.03 to an intraday high near US$1.08, returning to the US$1.07–1.08 resistance zone that repeatedly halted rallies during June.

The U.S. Securities and Exchange Commission (SEC) said it is advancing a new regulatory approach to digital assets, with Chair Paul Atkins outlining plans to modernise rules under the agency's Project Crypto initiative.

Maverick Minerals Australia (ASX:M96) has completed the acquisition of a 75% interest in the Viper Project for $2.7 million.

Metaplanet Inc. purchased 2,823 Bitcoin (CRYPTO:BTC) during the second quarter of 2026 for US$225 million, increasing its treasury holdings to 43,000 BTC with a total cost basis of US$4.09 billion.