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Pandora, one of the world's largest jewelry suppliers, has announced that it will be ditching selling mined diamonds as it launches the company's first-ever lab-created diamonds.

Alexander Lacik, Pandora CEO, told the BBC that this shift was part of a broader sustainability drive at the company. The launch of the sustainably acquired diamonds "marks a new milestone for Pandora as it will no longer be using mined diamonds," the company said in a statement. "Going forward, mined diamonds will no longer be used in Pandora’s products."

Lab-made diamonds are cheaper than traditional diamonds but identical to those dug up from the ground in terms of optical, chemical, thermal, and physical characteristics. They are also graded by the same standards: cut, color, clarity, and carat.

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SpaceX is claiming it will accept dogecoin — the somewhat satirical but popular cryptocurrency — as payment for an upcoming mission.
A Canadian company called the Geometric Energy Corporation confirmed that it will pay SpaceX solely in dogecoin in order to secure a spot for an 88-pound satellite on a mission, called Doge-1, slated to take off in early 2022. The satellite will "obtain lunar-spatial intelligence from sensors and cameras," according to a press release.
"This is not a joke," Geometric Energy Corporation CEO Samuel Reid said via phone. He declined further comment about the deal.

Dogecoin, however, did start as a joke: The digital currency was founded by two software engineers in 2013, and its value and popularity are inextricably linked to internet memeworthiness and viral social media posts. Still, dogecoin has been propelled into one of the most popular cryptocurrencies on the market, and it counts SpaceX CEO Elon Musk as one of its most vehement and popular supporters. He's frequently shared dogecoin-centric jokes on Twitter and claimed the cryptocurrency is "underestimated."

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Some of the world's biggest football clubs have agreed to join a new European Super League (ESL) that will rival the current Champions League competition, one of the biggest club tournaments in world football.

While the new ESL won't replace domestic leagues like England's Premier League and Spain's La Liga, the clubs that compete in it face the threat of being kicked out of their domestic leagues by Europe's football governing body.
Why are these big clubs doing this?

Money seems to be the driving force. The ESL says it will result in a greater distribution of revenue throughout the game.

Football club revenues have been hit hard by the Covid pandemic with disrupted fixtures and lack of spectators. Big clubs have superstar players with multi-million pound salaries that need to be paid.

"The formation of the Super League comes at a time when the global pandemic has accelerated the instability in the existing European football economic model," said a joint statement released by the 12 founding clubs on Sunday.

The new annual European tournament "will provide significantly greater economic growth and support for European football via a long-term commitment," the statement added.

It is offering "uncapped solidarity payments" to European football which will grow in line with league revenues. ESL says these will be "substantially higher than those generated by the current European competition and are expected to be in excess of €10bn (£8.6bn)" during the early stages.

A statement from the new competition said: “AC Milan, Arsenal, Atlético Madrid, Chelsea, Barcelona, Inter Milan, Juventus, Liverpool, Manchester City, Manchester United, Real Madrid and Tottenham Hotspur have all joined as founding clubs.

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The price of bitcoin has crashed spectacularly following weeks of steady gains.

More than $10,000 was wiped from the cryptocurrency’s value in the space of just a few hours on Monday, taking its value below $50,000.

The price correction came after bitcoin hit a new all-time high above $58,000 on Sunday.

Bitcoin’s price fell to below $49,000 on Monday, though its remarkable gains meant it was still trading higher than it was one week ago.

Other major cryptocurrencies also experienced heavy losses, including Ethereum (ether), bitcoin cash, cardano and dogecoin.

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