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The post VanEck Targets Stablecoins & Next-Gen ICOs appeared on BitcoinEthereumNews.com. Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee because the firms shaping crypto’s future are not just building products, but also trying to reshape how capital flows. Crypto News of the Day: VanEck Maps Next Frontier of Crypto Venture Investing VanEck, a Wall Street player known for financial “firsts,” is pushing that legacy into Web3. The firsts include pioneering US gold funds and launching one of the earliest spot Bitcoin ETFs. Sponsored Sponsored “Financial instruments have always been a kind of tokenization. From seashells to traveler’s checks, from relational databases to today’s on-chain assets. You could even joke that VanEck’s first gold mutual funds were the original ‘tokenized gold,’” Juan C. Lopez, General Partner at VanEck Ventures, told BeInCrypto. That same instinct drives the firm’s venture bets. Lopez said VanEck goes beyond writing checks and brings the full weight of the firm. This extends from regulatory proximity to product experiments to founders building the next phase of crypto infrastructure. Asked about key investment priorities, Lopez highlighted stablecoins. “We care deeply about three questions: How do we accelerate stablecoin ubiquity? What will users want to do with them once highly distributed? And what net new assets can we construct now that we have sophisticated market infrastructure?” Lopez added. However, VanEck is not limiting itself to the hottest narrative, acknowledging that decentralized finance (DeFi) is having a renaissance. The VanEck executive also noted that success will depend on new approaches to identity and programmable compliance layered on public blockchains. Backing Legion With A New Model for ICOs Sponsored Sponsored That compliance-first angle explains VanEck Ventures’ recent co-lead of Legion’s $5 million seed round alongside Brevan Howard. Legion aims to reinvent token fundraising by making early-stage access…

The post Hacker behind the UXLINK attack loses $48 million to a phishing scam appeared on BitcoinEthereumNews.com. The UXLINK exploiter has been phished merely hours after the AI-powered Web 3 social platform’s multi-sig wallet had been breached. Lookonchain had reported on Monday that UXLINK’s multi-signature wallet was compromised, with funds drained across centralized and decentralized exchanges.  According to the blockchain analytics platform, the attacker was phished and lost 542 million UXLINK tokens, valued at approximately $48 million.  Interestingly, the hacker who attacked $UXLINK was targeted by a phishing attack and lost 542M $UXLINK($48M).https://t.co/Cp9QNHPE8Xhttps://t.co/M8tbPYAdiq pic.twitter.com/PxadIIfkDi — Lookonchain (@lookonchain) September 23, 2025 UXLINK had earlier admitted that its multi-sig wallet had been breached, and said that “a significant amount of crypto” was illicitly transferred, but most of them were frozen. “Our team is working through legal and compliant measures to ensure that the UXLINK token supply fully aligns with the rules stated in the whitepaper. The white paper remains the sole community consensus and standard for UXLINK’s token economy,” the project team wrote on X. UXLINK breach involved six wallets Security monitoring firm Cyvers Alerts flagged unusual activity early Monday on an Ethereum address linked to UXLINK. The account executed a delegateCall, removed the existing administrator role, and added a new multisig owner. After making the change, the hacker moved at least $4 million in USDT, $500,000 in USDC, 3.7 wrapped Bitcoin (WBTC), and 25 ETH. Onchain evidence also showed that the attacker sold UXLINK tokens on decentralized exchanges using six separate wallets. These trades netted at least 6,732 ETH, valued at roughly $28.1 million. Hours after pulling off the UXLINK exploit, the attacker themselves fell victim to a phishing scheme. Arbiscan onchain records show the loss occurred on Tuesday at around 02:15 UTC under the transaction hash 0xa70674ccc9caa17d6efaf3f6fcbd5dec40011744c18a1057f391a822f11986ee. Phishing attack on the UXLINK scammer. Source: Arbiscan. Two large transfers of UXLINK tokens were directed from the…

SUI is trading near $1.034, attempting to hold above the key $1.02 resistance level after breaking out from a rounded base formation. The level that matters is $