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Breaking: Bitcoin Rival from FB, GlobalCoin, Launches Its Website But It Goes Down: Error 404

Tue, 06/18/2019 - 09:06
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Yuri Molchan
Facebook’s Libra project launches a website, which is likely to bear the promised details on GlobalCoin, however, error 404 messes it up
Breaking: Bitcoin Rival from FB, GlobalCoin, Launches Its Website But It Goes Down: Error 404
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This week Mark Zuckerberg is expected to reveal details about his new brainchild – GlobalCoin pegged to a basket of fiat currencies, USD and EUR, perhaps a few others.

The presence of big-name investors intrigues the crypto community, as well as traditional investors.

Zuck’s modest ambitions in the crypto industry

Due to several scandals to do with user-data that Mark Zuckerberg and his social media giant have had, his intentions of penetrating the crypto sphere seem modest – no speculative coins are to be made.

All that he wants is a payment token for internal use within Facebook’s Messenger and Instagram and also possibly for payments for its new partners’ goods and services.

As U.Today reported previously, among the giants that have been named as investors of the Libra project are Uber, Spotify, eBay and several others.

Ripple’s XRP Will Be Used by MoneyGram for Conducting Cross-Border Payments  

Error 404

Today, a website has been launched by the Libra project team. Probably it was meant to present the long-anticipated details about the GlobalCoin currency.

However, at the time of writing this the website is down, reporting error 404.
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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at