United States-based commercial insurer CNA Financial has excluded NFT coverage from a $20-million policy. In an SEC filing, the insurer attached an exclusion to the document about Schwab Strategic Trust’s policy.

The exclusion highlighted that the bond will not cover damages, losses or lawsuits related to NFTs. The document defined NFTs as any digital identifier connected to digital ledger technology.

Google made an update to its crypto ad policy to enable NFT game advertisements as long as gambling or gambling services are not promoted. According to a Google announcement, the changes will come into effect on Sept. 15.

NFT games that let players purchase in-game items, such as weapons or armor for characters, that enhance the user experience will be allowed. However, games that let players stake NFTs or wager their assets for rewards like crypto or other NFTs are still not allowed.

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Ethereum-based NFT project Milady Maker has been exploited by a developer within its ecosystem who stole $1 million in generated fees from Remilia, the decentralized autonomous organization (DAO) behind Milady.

A co-founder of the collection, Charlotte Fang announced on X (formerly Twitter) that they had identified the people involved in the attack and would pursue legal action against them. The executive said that they are expecting all of their property to be returned.

https://cointelegraph.com/news/google-to-allow-nft-game-ads-metaverse-hot-in-asia-nifty-newsletter

United States-based commercial insurer CNA Financial has excluded NFT coverage from a $20-million policy. In an SEC filing, the insurer attached an exclusion to the document about Schwab Strategic Trust’s policy.

The exclusion highlighted that the bond will not cover damages, losses or lawsuits related to NFTs. The document defined NFTs as any digital identifier connected to digital ledger technology.

Google made an update to its crypto ad policy to enable NFT game advertisements as long as gambling or gambling services are not promoted. According to a Google announcement, the changes will come into effect on Sept. 15.

NFT games that let players purchase in-game items, such as weapons or armor for characters, that enhance the user experience will be allowed. However, games that let players stake NFTs or wager their assets for rewards like crypto or other NFTs are still not allowed.

Continue reading…

Ethereum-based NFT project Milady Maker has been exploited by a developer within its ecosystem who stole $1 million in generated fees from Remilia, the decentralized autonomous organization (DAO) behind Milady.

A co-founder of the collection, Charlotte Fang announced on X (formerly Twitter) that they had identified the people involved in the attack and would pursue legal action against them. The executive said that they are expecting all of their property to be returned.

https://cointelegraph.com/news/google-to-allow-nft-game-ads-metaverse-hot-in-asia-nifty-newsletter