(Last Updated On: May 30, 2014)

One of the online dictionaries – Oxford Dictionaries Online (ODO), free online dictionary of current English – has officially added a new word “cryptocurrency” to its bibliography list.

The definition of cryptocurrency was added as part of a quarterly update along with other words such as ‘bikeable’, ‘snacky’ and ‘time suck’.

This news follows the announcement from August 2013 when ‘bitcoin was added to respected sources – Oxford Dictionaries Online. The reason behind adding bitcoin to the dictionaries’ database was simply the fact that now bitcoin is presented online and its significance in the mainstream media, ODO said to Coindesk.

Source: http://bit.ly/1ttkhK7