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The Block - 2026-07-23 ​

6 items collected.


1. Robinhood CEO’s X account hacked to promote Vladhood memecoin flagged as ‘scam’ ​

Author: Daniel Kuhn
Published: 7/23/2026, 5:55:02 PM
Categories: Companies, Crypto Ecosystems, DeFi, Exchanges, Market Updates, Markets, People, Public Equities, Security, Web3, Hacks, Memecoins, Robinhood, Vlad Tenev

Robinhood Chain has seen cumulative DEX volume of about $9 billion, primarily driven by higher-risk memecoins, per Entropy Advisors.

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2. MoonPay now accepts Discover Network cards for crypto purchases and sales in US ​

Author: Yogita Khatri
Published: 7/23/2026, 5:05:36 PM
Categories: Companies, Crypto Ecosystems, Finance firms, Web3, exclusive, Fintech, Payments

The addition makes Discover the third major U.S. card network supported by MoonPay, alongside Visa and Mastercard.

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3. Swan CEO claims Twenty One serves Tether’s US political interests, calls Mallers’ role ‘ceremonial’ ​

Author: RT Watson
Published: 7/23/2026, 4:31:59 PM
Categories: Companies, Crypto Ecosystems, Layer 1s, Markets, Token Projects, Bitcoin

Twenty One Capital is Tether's "U.S. entity for them to ... line pockets where needed for political reasons," says Cory Klippsten.

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4. Coinbase calls AI payments its ‘most high-conviction bet’ as businesses begin accepting agent payments ​

Author: Daniel Kuhn
Published: 7/23/2026, 4:00:00 PM
Categories: Companies, Crypto Ecosystems, Exchanges, Finance firms, Markets, Public Equities, Stablecoins, Token Projects, Web3, AI, Coinbase, Payments, USDC

Coinbase will enable businesses to accept payments from AI bots, powered by Coinbase Payments and the x402 standard.

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5. Strategy, BlackRock form Bitcoin Security Consortium to prepare for quantum computing threat ​

Author: Brian Danga
Published: 7/23/2026, 1:40:41 PM
Categories: Companies, Crypto Ecosystems, Exchanges, Finance firms, Markets, Public Equities, BlackRock, Coinbase, Strategy

Nine firms including Strategy and BlackRock formed a $15 million Bitcoin security consortium to fund post-quantum cryptography research.

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6. Proof of Reserves: What It Means for Exchange Trust ​

Author: The Block Research
Published: 7/23/2026, 1:39:10 PM
Categories: Markets

The Trust Deficit For most of the crypto industry’s history, users who deposited assets with an exchange simply trusted that the funds were there. FTX ended that complacency when it collapsed in 2022, with investigators finding that billions in customer deposits had been quietly diverted to it...

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