Here's what happened this week in Bitcoin in 99 seconds.

Before starting, an important update for Electrum users. If an error message regarding a security update is displayed during the transmission of a transaction, ignore it, this is a phishing attack. For more information visit Electrum.org.

"Assist", a South Korean business school based in Seoul, was the first in the world to offer a master in cryptocurrency and blockchain tech.

The encryption giant Bitmain will fire about half of his staff. The company let go of the entire development team of its Bitcoin Cash client. It seems that Bitmain suffers from a lack of funds and could be forced to liquidate his stock of BCHs and other encrypted ones.

The Japanese giant of IT, GMO, has announced that it will interrupt the production of its ASIC extraction devices. The operation of crypto-extraction of GMOs recorded a loss in the fourth quarter of about 38 billion Japanese yen or about 1/3 of a billion US dollars.

The rumor has circulated that the Indian government might be ready to legalize and regulate the crypt within the country. An official committee is expected to report on the crypt to the government by February 2019.

In the end, Craig Wright, the chief scientist behind the Bitcoin Cash fork, Bitcoin SV, was deprived of his motion to reject a lawsuit against him. The case against Wright was caused by Wright's late comrade's brother, Dave Kleiman, who accused Wright of stealing Dave's bitcoins.

This is what happened this week in Bitcoin. I'll see you next week.