According to BlockBeats, on July 21st, despite a significant pullback in its stock price, analysts maintained a bullish view on Japanese memory chip manufacturer Kioxia, believing that the company's stock price is likely to resume its upward trend as supply and demand conditions improve. Currently, analysts' average target price for Kioxia is ¥121,959, a 130% premium over the current share price. Kioxia's stock price fell to ¥52,110 last Friday, less than half of its all-time high a month ago.

"The fundamentals remain completely unchanged," said Kazuyoshi Saito, senior analyst at Iwai Cosmo Securities. "Supported by strong AI demand, the company's robust profitability and growth prospects remain solid." He gave a target price of 132,000 yen. He added, "Once the supply-demand distortions caused by factors such as the Korean ETF ease, positive factors such as strong earnings will drive the share price back up." (Jinshi)

BlockBeats reported on July 21 that Solv Protocol tweeted that its BTC+ contract on the BNB Chain was attacked on July 13. An investigation revealed that the attackers stole the deployer's private key, subsequently upgraded the BTC+ minting proxy contract on BSC, and minted unauthorized BTC+ tokens. The team completed an emergency response within 3 hours, isolated the malicious contract, and froze, destroyed, or isolated all unauthorized BTC+ tokens, ensuring the security of all underlying assets.

As a precautionary measure, BTC+ subscriptions and redemptions have been suspended and are expected to resume within two weeks. The team has upgraded deployment security measures, rotated all affected access credentials and signing keys, and initiated a comprehensive external re-audit. A detailed post-event analysis report will be released subsequently.

According to BlockBeats, on July 21, Grayscale filed a registration statement with the U.S. Securities and Exchange Commission for its first ETF linked to Worldcoin (WLD). The fund will directly hold the World Network's native token, WLD, and passively track its value after deducting fund fees and other liabilities.

If approved for launch, the ETF will trade on Nasdaq in accordance with Nasdaq's general listing standards. Bank of New York Mellon is expected to act as the transfer agent, and crypto custodian BitGo Bank & Trust is expected to act as the asset custodian.

WLD currently has a market capitalization of approximately $1.3 billion, ranking 57th among crypto assets. Worldcoin, later renamed World, was co-founded by OpenAI CEO Sam Altman, and its business encompasses biometrics, crypto assets, and blockchain identity verification.

This application is the latest move by Grayscale to expand its crypto investment offerings. The company has previously launched Bitcoin and Ethereum ETFs and applied for funds linked to assets such as Dogecoin, Solana, and Chainlink.