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After Auroracoin began its distribution of AUR at midnight on March 25th via the Airdrop, the digital currency has seen nearly 50% fall in value. Auroracoin is Iceland’s first attempt at a national virtual currency. What Exactly Happened? At the first day of the Airdrop,...

What is Auroracoin? Based on Litecoin, an alternative to Bitcoin, Auroracoin is one of the first serious attempts to use virtual currency in order to save Iceland’s failing economy. Auroracoin was created by a person who uses the pseudonym Baldur Friggjar Odinsson. The...