Interstellar Enigma Diamond Sold For $4.5M in Crypto
Industry News
A 555-carat diamond with mysterious origins estimated to be 1 billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby’s auction.
Although Richard Hurd, a businessman on Twitter, claimed to be the mysterious owner of the diamond, Sotheby’s refused to divulge the identity of the buyer.
The massive diamond, according to the auction house, is an exceptional grade of black diamond that was formed either by meteorite impacts or extraterrestrial origin – by supernova explosions that formed diamond-bearing asteroids that eventually crashed into Earth.
In October 2021, Sotheby’s became one of the first premium auction houses to begin accepting cryptocurrency as payment. Similarly, auction house Lloyds Auctions in Australia announced in June 2021 that it would begin accepting Bitcoin and other cryptocurrencies as payment.
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