Bitcoin goes over $1000

Bitcoin, the digital crypto-currency has gone over $1000 for the first time this week, at the most prominent Bitcoin exchange, Mt.Gox. Last week it was around $600. The fast ascent of Bitcoin value can be tied to recent acknowledgments it received from various governmental and organizational institutions around the world,…

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University in Cyprus starts accepting Bitcoin as payments

A university in Cyprus, Nicosia University, is now accepting Bitcoins as payments for anything. The university also launched a course program on digital currencies, and stated that they wanted to make Cyprus a Bitcoin trading hub in Mediterranean. In case you were living in a cave, Bitcoin is the online…

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