Tagauroracoin

Auroracoin Jumps Amid Panama Papers Controversy

Auroracoin Panama Papers

Auroracoin suddenly spiked last week, perhaps upon the leak of the Panama Papers. The papers promptly angered Icelanders, who now feel  that the nation is suffering yet another 2008. Although Auroracoin has not been an overwhelming success, its market cap has increased three-fold since the Panama Papers leaked. The peer-to-peer cryptocurrency, launched in February 2014, was marketed as an...

VoidSpace Developer Talks Dogecoin Implementation

Voidspace

VoidSpace is a new MMORPG game, made by Universe Projects, that looks to bring a whole new life to digital currency. While other MMORPGs have their own economies, VoidSpace wants to implement crypto, specifically Dogecoin and Bitcoin, into their economy and allow players to earn, steal and create currencies in the environment. Recently I was able to speak with VoidSpace’s lead developer, Nikolas...

Icelandic government warns against Auroracoin

Icelandic government warns against Auroracoin

Early this morning, the Auroracoin medium of exchange was discussed by the Economic and Trade Committee of Parliament. The Icelandic authorities expressed their concern about the currency, calling it risky business. They claimed that consumers needed to be educated and warned of the risks this virtual coin may pose. Pétur Blöndal, member of Parliament for the Independence Party and vice-chairman...

Auroracoin's Market Cap is Highly Inflated

Many people are pointing to Auroracoin's position at third place on CoinMarketCap.com as proof of this new coin's success, but the reality is that it could be setting itself up for disaster. The coin made headlines when it surpassed Litecoin's market cap, but Auroracoin is not actually closing in on a $1 billion market cap. In fact, the real value of all the auroracoins currently on the market...

Auroracoin Hits 3rd Place in Mineable Market Cap - At $15 / AUR Every Icelander Will Get $477 Free! [Updated]

Auroracoin, which we covered previously, just hit 3rd place in terms of market capitalization. It's up over 300% in the last 24 hours, a phenomenal leap even for the famously volatile cryptosphere. With a price of $15 per coin, its market cap of nearly $160 million gives it a total value of just under half that of Litecoin and over twice that of its nearest rival, Peercoin: Auroracoin will have a...

Auroracoin Utilizes Government IDs for a Fair Premine in Iceland

Iceland Auroracoin

One of the main issues that always seems to pop up with any new cryptocurrency is the problem of premining. Even if an altcoin has a few good ideas, it's extremely difficult to come up with a distribution process that will be fair for everyone. Auroracoin is offering one of the most unique distribution methods I've ever seen in an altcoin, and it could be a model that promotes further...

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