Libra.co.uk and Libra.uk were sold on the 21st Jan 2019
Originally a website featuring the star of Libra.
In June 2019 Facebook announced an ambitious project
It has been rumored for sometime that somewhere in the bowels of Facebook people were working away designing a cryptocurrency. Various names were bandied about, including GlobalCoin and Facebook Coin. The latter led some people to conclude that it must be a joke. I mean to say, who would trust Facebook, of Cambridge Analytica fame, with their money?
Now it turns out that the rumors were true. Last week, Facebook unveiled its crypto plans in a white paper. It’s called Libra and it is a cryptocurrency, that is to say, “a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units and verify the transfer of assets”.
Libra.co.uk and Libra.uk were purchased from the Domainmarket.co.uk domain bank and have not been used since then so we are assuming they were buying up Libra domain names in advance.
NEWSDESKS: Facebook states that it created the new Libra Association and the Blockchain which plans to launch the currency in 2020 the company will withdraw from a leadership role and all its members of the association will have equal votes in managing Libra.
Apparently Facebook’s Libra Is claiming to already be ahead of Ethereum, Litecoin, and also Ripple’s XRP– however not Bitcoin
The value of Bitcoin has increased in the past few months possible due to the speculation of Libra being launched.