Bored Ape Yacht Club NFT #232 sold this morning for 800 ETH on the secondary market, or about $927,000. The tokenized profile picture (PFP) was sold by Deepak Thapliydal, CdEO of Web3 cloud software startup Chain, and purchased by notable pseudonymous collector Keung. Many Bored Ape NFTs have lost considerable value in recent months, including one purchased by singer Justin Bieber earlier this year for $1.3 million worth of ETH that’s only valued at around $69,000 today. But this gold-furred Ape is considered one of the rarer avatars, ranked 324th out of 10,000 NFTs per data from Rarity Tools. Less than 0.5% of the Apes have golden fur. (Decrypt)

With much excitement, we want to tell you Vinci Protocol has completed a 2.1M seed round fundraising led by UOB Venture Management, SigNum Capital, and TGE Capital.

ApeCoin DAO, a community-led governing body made up of ApeCoin holders, has launched its own white-label non-fungible token (NFT) marketplace. ApeCoin, the Ethereum-based governance and utility token used within the Bored Ape Yacht Club (BAYC)-linked APE ecosystem, launched in March.

ApeCoin DAO is getting a new NFT marketplace that will sell Bored Ape Yacht Club, Mutant Ape Yacht Club, Bored Ape Kennel Club and Otherdeed NFTs.

To Vinci Protocol communities,

Traders seeking to artificially inflate the price of collections or earn marketplace trading rewards generated $389 million in wash trades during October.

The market cap of the popular proof-of-stake blockchain, Solana, slipped below that of the OG proof-of-work blockchain, Litecoin, according to Coingecko.Solana's latest downturn began with the collapse of FTX.

Crypto custodian Aegis Trust is offering an insurance policy for non-fungible tokens (NFTs), the company said Tuesday. The policy, provided by insurance marketplace Lloyd’s of London, will allow Aegis to insure up to $25 million for tokenized assets held by institutional investors, hedge funds and exchanges.

Alongside fully <a href="https://decrypt.co/resources/what-is-web-3" target="_blank">Web3</a>-native games built around <a href="https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain" target="_blank">NFTs</a>, we’ve also seen fan-driven attempts to add NFTs and crypto tokens to popular online games like Minecraft and Grand Theft Auto V. But Microsoft moved to <a href="https://decrypt.co/105575/microsoft-minecraft-ban-nfts-game-servers-derivative-projects" target="_blank">ban Web3 elements from Minecraft</a> this summer, and now Rockstar Games has done the same with its popular action franchise.

During the week of Jan. 30 to Feb. 5, 2022, the search term “NFT” had a Google Trends (GT) score of 90 and today the GT score has dropped a great deal down to a score of 12. Not only has interest declined, but blue chip non-fungible tokens (NFTs) don’t hold the value they once did at the beginning of 2022. For instance, statistics show the Bored Ape Yacht Club (BAYC) collection’s market valuation based on floor values was worth $2.33 billion on Feb. 3, 2022 — 291 days later and the collection’s market cap is now worth $615 million. Celebrities holding blue chip NFTs like BAYCs and Cryptopunks have seen their NFTs lose a great deal of value over the last nine months.