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Expobank Issues First Tokenized Diamond Offering in Russia
8.11.2023
Expobank, a large financial institution in Russia, has reportedly issued the first tokenized diamond offering in the country. According to local media, Expobank used the Multichain blockchain platform to issue these tokens, with each one of them having the value of 1/5,000 of a diamond...
Blockchain Technology Can Guarantee to Consumers ‘That Their Diamonds Have Been Ethically Sourced’ — Botswana President
31.10.2023
According to the president of Botswana, blockchain is one of the innovative solutions that the global diamond industry can use to ensure “blood diamonds” are excluded from formal markets. Using blockchain not only assures consumers but also enables them “to make informed choices...
Rihanna's Halftime Show Looked Like A Smash Bros. Stage
13.2.2023
Look, you probably saw the show and noticed it straight anyway regardless, but just in case you didn’t, here are a bunch of people all making the same joke: that Rihanna’s halftime performance at the Super Bowl tonight looked just like a Smash Bros. stage.Read more
Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom Payment
12.7.2022
A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. Insurance Company Faces Lawsuit for Refusing to Cover Bitcoin Ransom Payment A luxury British...
Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale
11.5.2022
De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from source to Sightholder to store on a secure blockchain.”...
Sotheby’s to Accept Crypto for Rare 100-Carat Diamond in Upcoming Auction
21.6.2021
“The most ancient and emblematic denominator of value can now, for the first time, be purchased using humanity’s newest universal currency.”
Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto
10.12.2020
A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and...
US Man Charged Over Diamond Ponzi Scheme That Touted a Crypto Token
14.9.2020
A man from Washington, D.C., has been charged with running a diamond investment scam with its own cryptocurrency, Argyle Coin
Everledger Offers Diamond Industry Blockchain-Based Carbon Offsetting
22.4.2020
Track-and-trace blockchain pioneer Everledger is using its technology to help the diamond industry offset its carbon footprint
Alrosa, Tencent, Everledger Bring Diamonds on the Blockchain to WeChat
19.12.2019
Russian diamond giant Alrosa, Tencent and Everledger partnered on a new blockchain-based e-commerce project for WeChat users