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Sotheby's Auctions Rare Diamond 'Key 10138' Using Cryptocurrency
News 18As cryptocurrency continues to gain popularity among users worldwide, an auction conducted by a British-American marketplace for art and luxury, Sotheby’s sold its most expensive piece of jewellery ever through cryptocurrency on Friday. According to Sotheby’s, the pear-shaped jewellery piece weighs 101.38 carats and has been graded by GIA as D Colour, Flawless, and Type IIa. In its statement,Sotheby’s said that the diamond piece known as Key 10138 is the first significant diamond in the world to be auctioned with cryptocurrency as an accepted method of payment. Sotheby’s believes that Key 10138 will become a diamond that history will remember for combining humanity’s work and knowledge on diamonds this far, and “turning the key to unlock a still more brilliant future.” Last week, Sotheby’s also auctioned the NFT of the original source code for the world wide web, written by its inventor Tim Berners-Lee.
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