A Super Rare Black Diamond Was Sold For $4.5M In Cryptocurrency.

Sotheby’s, the 277-year-old British auction house, has sold “The Enigma,” a very rare black diamond with possible outer space origins, for $4.5 million in cryptocurrencies. The diamond, weighing 555 carats, is said to be 1 billion years old.

The black diamond was named the world’s biggest cut diamond in the 2006 Guinness Book of World Records and was previously shown in Dubai. Its origins are unknown, however most assume it is the product of a meteoric impact or the residue of a genuine black diamond-bearing asteroid.

Sotheby’s most likely approved cryptocurrency payments for the black diamond given its success in previous auctions, where an unknown bidder paid $12.3 million in cryptocurrency for a rare 101.38-carat diamond.

While Sotheby’s would not divulge the identity of the buyer who paid $4.5 million for the extremely rare black diamond, Hex ($HEX) inventor Richart Heart claimed on social media that he was the mysterious bidder.

Heart said in a tweet that the diamond would now be known as the “HEX.com diamond,” and he touted the purchase as a success for the HEX community.

In October 2021, Sotheby’s created its own non-fungible token (NFT) marketplace dubbed “Sotheby’s Metaverse.” Sotheby’s Metaverse auctions NFTs and takes fiat money alongside Ethereum, Bitcoin, and USDC. The auction house offers Ethereum-based NFTs as well as blockchains compatible with the Ethereum Virtual Machine.

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