Sotheby’s to Accept Cryptocurrency For Hong Kong Diamond Auction


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Email Sign over the entrance to the Sotheby's office in Zurich, Switzerland, 24 June, 2015. Sotheby's is one of the world's largest brokers of fine and decorative art, jewelry, real estate, and collectibles. Shutterstock According to a 22 June report from Business Insider, Sotheby’s will accept bitcoin (BTC) and ether (ETH) as payment for a rare 101-carat diamond. The rare pear-shaped diamond called “The Key 10138” has been classified as flawless and is set to be auctioned in Hong Kong on 9 July. Sotheby’s estimates the diamond’s value between $10 million and $15 million. “The Key 10138 is the first...