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The Antimonopoly Committee will take on the Web3 space
The Autorité de la concurrence, Luxembourg's competition authority, announced on Tuesday that it plans to carry out a market study on blockchain technology, marking potentially the first comprehensive exploration into the economic aspects of Web3. Hong Kong Police Rolls Out a New Metaverse Platform
As part of its ongoing crypto expansion, Hong Kong is taking strategic steps to prevent any negative fallout. This is underlined by the decision of the cybersecurity unit of the Hong Kong Police Force to establish a metaverse, designed to raise public awareness about new threats and opportunities connected with Web3 and virtual space. 
The NFTFi market is witnessing a significant revival, with the Blur Blend NFT collateralized lending platform playing a crucial role. Following its launch, the total value of loans on the network has surpassed $67 million, reaching a six-month record, according to data from Dune Analytics.
Currently, Blur Blend dominates the NFTFi market, accounting for a staggering 75% of the total volume of all loans in the sector. This resurgence has prompted renewed interest in the potential of NFT-backed lending and its applications within the broader blockchain and crypto ecosystem.
To learn more about the NFTFi space and how it could become a new trend in 2023, read the full article on the website. The Bitcoin mempool is overwhelmed
Over 225,000 unconfirmed transactions are currently in the Bitcoin memory pool (mempool), indicating a growing demand for the network, according to data from mempool.space on May 2. The mempool's size has surpassed 580 MB, nearly double its 300 MB limit, reaching levels last seen in 2017. 
Elon Musk-inspired LunarCrush Sends $1.7M Bitcoin Bounty to Moon
In an audacious move inspired by Elon Musk's space exploration ambitions, cryptocurrency firm LunarCrush has revealed its plan to send a private key to a crypto wallet containing 62 Bitcoins, worth a staggering $1.7 million, to the moon aboard a SpaceX rocket in fall 2023. 
Twitter Account of XRP Advocate Hacked on Birthday
In a surprising turn of events, John Deaton, a prominent figure in the cryptocurrency space and advocate for 76,000 XRP token holders, experienced a distressing incident on his birthday. His Twitter account was maliciously hacked, leaving his followers bewildered and concerned. 
Space Pepes Seizes the Bitcoin NFT Crown
The popularity of Bitcoin-based NFTs is gaining momentum, with collections like Space Pepes and Bitcoin Frogs challenging Ethereum's long-standing dominance in the NFT space. The Space Pepes collection, a range of unique Bitcoin-based digital collectibles, ranked as the top-selling NFT collection in the past 24 hours, registering about $7.3 million in trading. A Second Chance for the Worst NFT Traders
Web3 company Truth Labs, known for its popular non-fungible token (NFT) collection Goblintown, is preparing to launch its Season 2 mint, Big Inc, a 15,000-unit sequel. The collection aims to celebrate the culture and community of Web3 and will prioritize collectors based on their "rekt activity," or poor trades in the NFT space. 
Topaz NFT Marketplace: Everything You Need to Know
Step into the world of NFTs with Topaz, the premier NFT marketplace on the Aptos blockchain. With a focus on security, scalability, and an unparalleled user experience, the developers bring expertise from other markets to revolutionize the NFT space. 
Bitcoin: The Ultimate Weapon in the Digital Cold War?
According to a new MIT masters thesis by US Space Force Major Jason Lowery, Bitcoin is not just internet money, but a weapon that could be utilized in modern warfare. In a 400-page dissertation, Lowery claims that the proof-of-work consensus mechanism presents a shift in the way world powers could wage war. 