Twitter founder Jack Dorsey’s first tweet’s non-fungible token (NFT), which was bought by crypto entrepreneur Sina Estavi for US$2.9 million in Mar 2021, has only received 10.1 ETH (US$30,273) as its highest bid as at April 18.
This means that Estavi stands to lose over 90% of his initial investment in the NFT, which is currently being bid on NFT marketplace OpenSea.
Meanwhile, decentralised platform Cardano founder Charles Hoskinson has proposed to build a decentralised social media platform with billionaire Elon Musk if Twitter rejects the latter’s offer.
This follows Elon Musk’s offer to buy twitter for US$43 million on Apr 15. Cardano is currently trading at 93 US cents, 26.34% lower than the start of the year.
See also: Digital Assets Association launches to connect tradfi and tokenised real world assets
Photo Credit: CoinGecko
Jordan Belfort, best known as the “Wolf of Wall Street”, hosted his first cryptocurrency workshop last week, according to a report by Business Insider. Each of the nine attendees of the workshop paid one Bitcoin to attend the class held at Belfort's Miami estate. The digital asset is currently trading at US$39,000 apiece.
See also: Ex-Grab executive joins Winklevoss twins crypto firm Gemini as head of APAC
This comes three years after Belfort previously called crypto a "mass delusion," "frickin' insanity," and "sinking ship" in a YouTube video titled "The Bitcoin Market Has Finally Run Out of Greater Fools." Belfort was previously convicted in 1999 for defrauding more than 1,500 individual investors out of US$200 million, before publishing the best selling memoir and becoming a motivational speaker.