Right here’s what occurred this week in Bitcoin in 99 seconds.

 

Earlier than we start, an necessary replace for Electrum customers. If when broadcasting a transaction, you obtain an error message a few safety replace, disregard it, this can be a phishing assault. For more information go to Electrum.org.

“Help,” a South Korean enterprise faculty primarily based in Seoul, turned the primary on the planet to offer a master’s degree in cryptocurrency and blockchain tech.

Crypto mining large Bitmain shall be firing around half of its staff. The corporate has let go your complete growth staff of its Bitcoin Money consumer. It seems Bitmain is affected by a funding shortfall and could also be pressured to liquidate its stash of BCH and different cryptos.

Japanese IT large, GMO, announced that it'll halt manufacturing of its ASIC mining gadgets. GMOs crypto mining operation reported a fourth quarter lack of round 38 billion Japanese Yen or almost 1/three of a billion US {Dollars}.

Rumors have been circulating that the Indian authorities could possibly be poised to legalize and regulate crypto throughout the nation. It's anticipated that an official committee will make its report on crypto to the federal government by February of 2019.

Lastly, Craig Wright, the chief scientist behind the Bitcoin Money fork, Bitcoin SV, was denied his motion to dismiss a lawsuit towards him. The case towards Wright was led to by the brother of Wright’s deceased accomplice, Dave Kleiman, who accuses Wright of stealing Dave’s bitcoins.

That’s what occurred this week in Bitcoin. See you subsequent week.