WebJan 8, 2024 · What is the Libra Cryptocurrency? Libra was a cryptocurrency created by Facebook, renamed into Diem at the end of December 2024 and wound down in January 2024. The Libra cryptocurrency was intended to be used as a simple, low-fee global blockchain-based digital currency. WebFeb 3, 2024 · The spending dragged down Meta’s quarterly profits, which fell 8 percent, to $10.3 billion, in the three months ending in December from a year earlier, even as revenue rose 20 percent, to $33.7 ...
Facebook-funded cryptocurrency Diem winds down - BBC News
WebMay 4, 2015 · The current valuation of DIEM puts it at #0 in cryptocurrency rankings based on market capitalization. Learn more about the CarpeDiemCoin blockchain network and … WebMay 20, 2024 · As a groundbreaking initiative by Facebook, the Diem cryptocurrency can spell a new future for the global economy. About Author Gwyneth Iredale Software evangelist for blockchain technologies; … significance of havan
Diem Coin (Formerly Libra): What Is It and Can You Buy It
WebSep 10, 2024 · When Facebook launched it in 2024, the Diem project was originally called Libra and not tied to any currency. Treasury officials are reviewing the rapid growth of stablecoin projects, such as... WebMay 18, 2024 · Facebook to Launch Diem Cryptocurrency Amid Rising Digitalization. May 18, 2024 — 06:47 am EDT. Written by Priti Ramgarhia for TipRanks ->. The emergence … WebFeb 3, 2024 · 4 February 3, 2024 Facebook (now Meta) was one of the first major companies to try to create their own cryptocurrency project. First, it was called Libra, and then Diem. The stablecoin lasted almost three years and was supposed to launch any day. Still, recently the project has been closed, and the assets have been sold. significance of head and body tag