World’s Largest Cut Diamond Bought for $4.3 Million in Cryptocurrency

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World’s Largest Cut Diamond Bought for $4.3 Million in Cryptocurrency
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HEX's Founder - Richard Heart - spent $4.3 million worth of crypto to acquire 'The Enigma' black diamond.

Unlike most diamonds located deep in the planet, the aforementioned one was found on the surface, indicating that it could have come from space.

“It is thought that this specific type of black diamond was created either from meteoritic impacts producing natural chemical vapor deposition or an extraterrestrial origin – from supernovae explosions that formed diamond-bearing asteroids which ultimately collided with the Earth,” Sotheby’s explained.

With that said, experts estimated that the diamond could be from 2.6 to 3.8 billion years old. In its rough form, the jewelry weighed over 800 carats.Despite being the largest and one of the rarest diamonds, the “HEX.com diamond” is not the most expensive, which Sotheby’s has auctioned in exchange for cryptocurrencies.the “Key 101.38” for around $12 million worth of digital assets, making it the most expensive physical object ever auctioned this way.

The company did not reveal the name of the mystery bidder. However, they purchased the jewelry in either Bitcoin or Ether as these were the only two assets accepted by Sotheby’s.

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