Nifty News: Kraken NFT exits beta, Coinbase 'Stand with Crypto' gains support, and more

Kraken NFT marketplace exits its beta phase

Crypto speech Kraken has announced that its nonfungible token (NFT) marketplace has exited its beta phase. Along with the launch, the NFT level highlighted that it has expanded its fig of NFT collections. The level noted that it went from supporting 70 collections to implicit 250. According to Kraken, it volition proceed adding adjacent much collections into its marketplace. 

— Kraken NFT (@KrakenNFT) June 8, 2023

Apart from the postulation expansion, the steadfast besides announced that it has added enactment for the Polygon Network, highlighting that the fashionable Reddit Collectible Avatars volition present besides beryllium supported by the marketplace. 

In the announcement, the NFT trading level besides advertised that it volition not beryllium charging state fees to its users erstwhile buying oregon selling NFTs connected its platform. However, successful a disclaimer astatine the bottommost of the post, the marketplace noted that state fees volition inactive beryllium incurred erstwhile transferring assets connected and disconnected their platform.

Coinbase ‘Stand with Crypto’ NFT run gains assemblage support

As the United States Securities and Exchange Commission (SEC) targeted crypto speech Coinbase successful a lawsuit, members of the assemblage person started to amusement their enactment for the trading level by minting its “Stand with Crypto” NFTs and putting the shield badge connected their Twitter profiles. 

— Coinbase ️ (@coinbase) June 6, 2023

Back successful April erstwhile the postulation was launched, the NFTs lone had 15,000 mints and 7,000 owners according to NFT marketplace OpenSea. Now, the postulation has implicit 142,000 mints and much than 52,000 owners, with much minting the NFTs arsenic the exchange’s ineligible conflict with the SEC intensifies. 

Many besides expressed their enactment for the determination by tweeting the shield badges connected Twitter, with immoderate adjacent sharing artworks with Coinbase shields.

— Elena (@ElenaaETH) June 7, 2023

Related: SEC lawsuits against Binance and Coinbase unify the crypto industry

Bitcoin NFT inscription task allows larger record sizes

Bitcoin ecosystem task New Bitcoin City aims to vie with Bitcoin Ordinals by offering astute contracts and larger record sizes. According to the project, files inscribed done its “Inscription Village” tin spell supra 4 megabytes, the bounds for Ordinals inscriptions.

— New Bitcoin City (@NewBitcoinCity) June 7, 2023

The level highlighted that an Azuki Spirit DAO wallpaper with a record size of 6.9 MB has already been inscribed successful the Bitcoin blockchain backmost successful May. 

Ex-Oasis instrumentalist turns to NFTs amid illustration conflict with Foo Fighters

Noel Gallagher’s High Flying Birds, the caller set of erstwhile Oasis subordinate Noel Gallagher, is competing with stone set Foo Fighters for the apical spot connected the Official UK Album Charts. However, Gallagher has pulled an ace retired of his sleeve — NFTs. 

A caller medium called “Council Skies” was released by Gallagher’s set connected June 2, the aforesaid time arsenic the Foo Fighters released an medium called “But Here We Are,” their archetypal merchandise aft the tragic demise of set subordinate Taylor Hawkins. The 2 are locked successful a conflict for the fig 1 spot, with Gallagher turning to NFTs successful an effort to boost medium sales.

Here it is! The format exclusive artwork of @NoelGallagher's High Flying Bird caller album, Council Skies. Unique to the Digital Pressing, alongside the Making of... Parts 1&2, disposable time astatine 10AM. Sign-up here: https://t.co/eIQkRzgmGm pic.twitter.com/qDa7SxULf2

— Serenade (@serenade__co) June 7, 2023

On June 7, NFT level Serenade announced that they are offering unsocial “Digital Pressings” of his band’s newly-released medium Council Skies. The merchandise includes a afloat audio playback of the medium and what they described arsenic a “public stamp of ownership” which is successful the blockchain. 

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