An employee of Sotheby's Dubai presents a 555.55 Carat Black Diamond "The Enigma" to be auctioned at Sotheby's Dubai gallery, in Dubai, United Arab Emirates, Monday, Jan. 17, 2022. (AP Photo/Kamran Jebreili)
Auction house Sotheby’s Dubai has unveiled a diamond that’s literally from out of this world.
Sotheby’s calls the 555.55-carat black diamond — believed to have come from outer space — “The Enigma.” The rare gem was shown off on Monday to journalists as part of a tour in Dubai and Los Angeles before it is due to be auctioned off in February in London.
Sotheby’s expects the diamond to be sold for at least 5 million British pounds ($6.8 million). The auction house plans to accept cryptocurrency as a possible payment as well.
Sophie Stevens, a jewelry specialist at Sotheby’s Dubai, told The Associated Press that the number five bears an importance significance to the diamond, which has 55 facets as well.
“The shape of the diamond is based on the Middle-Eastern palm symbol of the Khamsa, which stands for strength and it stands for protection,” she said. Khamsa in Arabic means five.
“So there’s a nice theme of the number five running throughout the diamond," she added.
Stevens also said the black diamond is likely from outer space.
“With the carbonado diamonds, we believe that they were formed through extraterrestrial origins, with meteorites colliding with the Earth and either forming chemical vapor disposition or indeed coming from the meteorites themselves,” she said.
Black diamonds, also known as carbonado, are extremely rare, and are found naturally only in Brazil and Central Africa. The cosmic origin theory is based on their carbon isotopes and high hydrogen content.
In order to qualify for one of the coveted first retail licenses in New York's adult-use cannabis program, you'll have to have a conviction on cannabis-related charges or have an immediate family member who does. It's part of the latest effort by New York lawmakers to create a diverse and inclusive industry — but some advocates still have reservations. Amber Littlejohn, the executive director of the Minority Cannabis Business Association, joined Cheddar News' Closing Bell to discuss. "We definitely applaud the state of new york, but ultimately the devil will be in the details as to whether or not this actually works out to create equity in the cannabis industry," she said.
Ryan Shearman, chief alchemist and co-founder at Aether, and Henry Elkus, founder of Helena, join Cheddar News to talk about the completion of an $18 million Series A funding round led by Helena.
Pete Davidson is heading to space. The “Saturday Night Live” star will be among the six passengers on the next launch of Jeff Bezos' space travel venture, Blue Origin.
David Daley, senior fellow for FairVote, joins Cheddar News to discuss the Supreme Court denying the GOP's challenge to congressional maps in North Carolina and Pennsylvania.
Actor Bob Odenkirk and his son Nate joined Cheddar News senior reporter Michele Castillo to talk about their new podcast collaboration, "Summer in Argyle," at South By Southwest 2022. The audio drama follows a mysterious death at a hot dog eating contest in the small town of Argyle, Ohio. "My son Nate wrote this as a podcast for him and his friends to do, and I said it's pretty damn funny," said Bob. "Why don't we work on it some more and make it really sharp, and then we'll get a bunch of pros to record it and it turned out great."
Sketchers is yet another retailer to announce its entrance into the realm of the metaverse. The footwear company will be launching virtual clothing as well as an experiential store in Decentraland.
When Russia invaded Ukraine in late February of 2022, many expected a quick, decisive takeover by the Russian army. That didn’t happen. As of the date of recording this video, much of Ukraine - including the capital, Kyiv - continues to resist Russian forces. The reasons why are complex and change day-by-day, so to help break it down, Cheddar spoke to two military experts. Watch the video to see their four key takeaways from the Russian invasion so far, and how it could come to an end.
Cryptocurrencies had a monumental year in 2021 and is showing no signs of slowing down. Cheddar breaks down everything you need to know this tax season if you are investing in crypto.
