Model ML, which sells artificial intelligence software to investment banks and other financial institutions, is in talks to raise more than $100 million at a valuation above $1 billion, according to Bloomberg. The startup’s software is aimed at reducing routine work for bankers.

Thailand could impose an excise tax of about 30% on fully imported electric vehicles, Finance Minister Ekniti Nitithanprapas said, according to Bloomberg. He said the proposed levy is intended to steer automakers toward local production.

Moonrock Capital founder Simon Dedic said on X that the Senate vote on the Clarity Act is expected in about 10 hours. According to Odaily, he said Democrats have verbally rejected the Republican draft over ethics concerns, while Polymarket odds have already collapsed and the market has priced in a failure. Dedic said he is looking forward to the vote regardless of the outcome. He added that if the bill fails, the U.S. could receive equally strong crypto-supportive regulation from the SEC, and that Democrats would bear responsibility if the U.S. were to lose its leadership in frontier finance and see companies move offshore.

Conrad Masterson and Reginald Miller wrote that Vinod Khosla, founder of Khosla Ventures and co-founder of Sun Microsystems, said the AI era requires the United States to reform its tax code. According to Sina Finance, Khosla argued that AI will sharply reduce the labor needed to produce the same GDP, and said the tax system should shift from favoring capital to supporting workers. He said AI could complete at least 80% of economically valuable work now done by humans, covering 80% of jobs, and estimated that underemployment or unemployment could reach 30% to 50%. Khosla also said the United States should consider ending capital gains tax preferences after the 2028 election, while keeping the budget balanced. He proposed using new tax revenue to compensate workers affected by AI and to fund basic public services, including virtual primary care, specialized medical services, mental health support, chronic disease management, personalized tutoring, government services, and legal aid. Khosla also said the United States could consider an AI compute tax after 2030 if AI has a significant negative impact on jobs.

According to the announcement from Binance, the exchange will update the Cross Margin Borrow and Transfer-out collateral ratio, the Portfolio Margin collateral ratio, and the Tiered Collateral Ratio for Portfolio Margin Pro for several assets from 2026-09-18 06:00 (UTC). The update is expected to be completed within approximately 30 minutes. Under the Cross Margin and Portfolio Margin changes, ARB, TAO, and WLD will move from 50% to 60%, while AUCTION, BLUR, GALA, HYPER, S, and SYRUP will move from 30% to 10%. Binance also said the Cross Margin Borrow and Transfer-out collateral ratio update will affect only the amount that can be borrowed or transferred out under Cross Margin. For Portfolio Margin, collateral ratio and leverage changes will affect the Unified Maintenance Margin Ratio, or uniMMR, and users are expected to monitor uniMMR closely to reduce the risk of liquidation or losses linked to changes in collateral ratio and leverage. For Portfolio Margin Pro, Binance said WLFI will see tiered collateral ratio adjustments across multiple rank floors and caps. The listed tiers include 60 to 800,000 at 100%, 50 to 1,000,000 at 100%, 800,000 to 1,200,000 at 95%, 1,000,000 to 2,000,000 at 95%, 1,200,000 to 4,000,000 at 75%, 2,000,000 to 5,000,000 at 75%, 4,000,000 to 99,999,999,999 at 50%, and 5,000,000 to 99,999,999,999 at 60%. Binance said the update applies to the specified assets and collateral settings, with the changes scheduled to take effect on the stated date and time.

The U.S. Department of Justice is seeking forfeiture of more than $61 million in USDT. According to NS3.AI, the DOJ alleges the funds came from black-market sales of sanctioned Iranian oil. The U.S. would obtain permanent ownership of the assets only if a court enters a forfeiture judgment in the government's favor.

US investment consultancy Marsh is raising Treasury allocations in some portfolios it recommends to clients, according to Bloomberg. The move reflects large investors’ efforts to take advantage of elevated yields.

DeepSeek plans to hire Yan Wentao, a partner at GL Ventures, as its first chief financial officer as the Chinese AI startup prepares for a potential initial public offering

CoinEx is shutting down after nearly nine years, with most services ending by 29 September and withdrawals remaining open until 22 December 2026.

MetaMask is rolling out a new generation of wallet protections designed to do more than warn users about crypto scams. The wallet provider is adding safeguards that can flag suspicious recipients and transactions — and automatically revert transactions when what happens onchain does not match what users were shown before signing.

Attackers used a legitimate government email account to send fraudulent data requests.

Dogecoin co-founder Billy Markus mocked Donald Trump’s proposed $5,000 payments to US adults by joking that the government should instead buy $1.2 trillion of Dogecoin and distribute it.

Federal Reserve, Warsh, Interest Rate Hike, Inflation, Federal Reserve to Hold Interest Rate Meeting Today; Warsh May Be the Key Voter. Golden Finance, Beijing time 2:00 AM Thursday, the suspense surrounding the Federal Reserve will be revealed.

President Donald Trump has backed tougher crypto ethics rules that could force him to divest significant digital-asset interests or place them in a qualified blind trust, giving Senate Republicans a potentially crucial path toward advancing the Clarity Act.

With the CLARITY Act vote imminent, this article traces the evolution of the CLARITY Act from its initial conception to its upcoming vote.

AI is redefining the world, and the real question may not be how fast humans can push AI forward, but how many people will truly benefit from this technological revolution once it sweeps the globe.

AI systems can increasingly identify and exploit vulnerabilities at unprecedented scale and speed.