555-carat space diamond sold for $4.3 million in crypto

    A famed 555.55-carat black diamond that’s possibly from outer space was just auctioned off Sotheby’s for $4.29 million. A rare extraterrestrial gem will be potentially turned into a crypto marketing campaign, and the buyer has also paid with cryptocurrency. “The diamond has sold for $4,292,322,” confirmed a Sotheby’s spokesperson in a statement. “The buyer has…

    NFT bubble popped? Study shows NFT sales dropped 90% over last month

    According to a recent analysis by crypto news site Protos, non-fungible token (NFT) sales plummeted 90% since the record sales on May 3. Market data shows over 130,000 NFT sales in a single day, and 30 days later, NFT sales dropped more than 35% last month, reaching over 84,000. Since peaking on May 3, when…