This Week in Bitcoin

• Goldman Sachs is opening a Bitcoin trading operation
• Warren Buffet thinks Bitcoin is a mere casino
• Japan's FSA gives privacy coins a thumbs down
• After raising $1.7 billion, Telegram cancels ICO and plans to expand into tokenization
• Two Bitcoin forks emerging this week
• Coinbase valuation has increased from $1.6 Billion to $8 Billion
• Mining rigs in the stratosphere, the new concept Miner One launched this week Updates from China
• Jiang Zhuoer claims that EOS is a huge bubble.
• Huobi exchange will work with leading industrial players to set up 10 blockchain labs in 2018

It's been a good week for Cash – Bitcoin Cash – and a mixed week for ethereum.

• Facebook to be sued for scammy crypto ads
• Myetherwallet Servers Are Hijacked in DNS Attack
• Exchanges Suspend ERC20 Token Deposits After Discovery of
• Smart Contract Bug
• Bullish news from China
• Security Firms Offer Protection for Crypto Traders in Moscow
• James Bond bitcoin caper

Valuable information: Unchained Capital released a report analyzing unspent transaction outputs (UTXOs).

Localbitcoins is requiring users who trade "significant" volume to verify themselves.

Bithumb has published its first audit report. How much are their crypto reserves?

Most US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies.

The prank Savedroid played "taught a lesson" to the crypto community.

China updates

Huawei and their blockchain product BCS (Blockchain Service)

Yang Dong says that crowdsale is one of the greatest inventions of modern civilization.

Jihan Wu head of Bitmain and its stance on DPOS

Official announcement: XDite is running for Mayor of Taipei

Bullish sentiment is in the air. The Rockefellers and George Soros are getting into the game.

• JPMorgan Chase is sued for anti crypto-friendly "policies"
• Blossom Finance concludes that Bitcoin is compliant under Sharia law
• The best performing cryptocurrencies of 2018. Who is the top performer?
• Bitfinex denies money laundering claims linked to Colombian drug cartels
• A dedicated Litecoin debit card is coming
• China update: Communists on the blockchain?

Journalist Edward Kelso has followed the quest for a Bitcoin ETF from the beginning.

We discuss the implications for Bitcoin IF an ETF is approved by the SEC.

Kelso identifies some key turning points in the saga and looks at what the future holds:

• Trump's appointment of Jay Clayton
• Jay Clayton's appointment of Dalia Blass
• The unexpected progress of ProShares

Follow Kelso on Twitter @cryptokelso

• Verge's 51% attack
• Vitalik Buterin battles Craig Wright
• Bitcoin mules, the business of trading bitcoin OTC in China
• The worst performing cryptocurrencies of 2018 (so far)
• A Bitcoin serial scammer has been busted in Bangkok
• The SEC charged the founders of the Centra ICO with fraud
• Mark Karpeles confessions via an AMA (ask me anything) session on Reddit

• Coinbase is planning on adding ERC-20 tokens to its offering of cryptoassets
• Hypertokenization, 1000's of coins and confusion
• Cryptocurrency and blockchain associations from Russia, China and South Korea plan to file a class action against social media giants for banning crypto ads. Was there a cartel collusion and abuse of power?
• Blockchain technologies, mining, cryptocurrencies and coin offerings are being regulated in RussiaThe Bank of Montreal is now blocking cryptocurrency transactions
• President Trump has signed the CLOUD Act. Why is the rrypto community worried?
• Nelson Mandela's golden hand casts sell for $10m in BTC
• OKCoin has angry customers at their headquarters

• Is there child porn on the Bitcoin blockchain?
• Ethereum's ICO Whales Can Crash the Market
• Predictions from Twitter CEO Jack Dorsey
• Conclusions from G20 summit
• 15-year-old finds a vulnerability in Ledger wallet
• US Treasury plan to add cryptocurrency wallet adresses to SND list

China updates

• JD.COM will adopt blockhain technology
• A new criptokitties copy
• Lenovo is also adopting blockchain tech for it's latest phone

If there's one thing a crypto recession's good for, it's rebuilding.

It's yet to be confirmed that we're in a full-blown crypto recession, admittedly, but whatever you wanna call it, the charts ain't looking too pretty right now, which makes it a prime time for looking elsewhere.

Last Week Tonight with John Oliver and EOS, Senators and IMF Talk Smack About Crypto, China's "Blockchain Media Self-discipline Pact", The Cryptoinfluencers list, Google Bans Crypto ads, Futures market volumes are increasing.

• Bitcoin drops below $10K
• East vs West in Crypto
• The US Securities and Exchange Commission has concerns about crypto exchanges
• Japanese regulators shutting down crypto exchanges
• What happened with binance, was it really hacked?
• A new ruling: Bitcoin and Cryptocurrencies are commodities
• Research paper says issuers of ICO Tokens will face class action lawsuits
• Mt Gox's crypto stash is being dumped
• Bitcoin "broker" arrested for selling without asking for ID