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Fresh Off the Block: Jack Dorsey’s first tweet fails to attract high bids, Belfort gives first crypto workshop and more

Chloe Lim and Khairani Afifi Noordin
Chloe Lim and Khairani Afifi Noordin • 2 min read
Fresh Off the Block: Jack Dorsey’s first tweet fails to attract high bids, Belfort gives first crypto workshop and more
Fresh Off the Block: Jack Dorsey’s first tweet fails to attract high bids, Belfort gives first crypto workshop and more
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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: Who is Justin Sun, the China-born crypto founder who made a US$6.2 mil bid for a banana?

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: UBS South-APAC CIO would hold ‘at least 10%’ of personal assets in crypto if allowed

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.

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