The cryptocurrency market never closes, and the industry itself is growing faster than ever. This means there’s more breaking news, and more vital information emerging than ever before. This Week in Crypto is Covesting’s weekly news recap aimed at providing the most complete coverage across the cryptosphere.

Crypto Mining Firm Receives Bomb Threats over Noise Complaints

Norwegian Bitcoin mining facility Kryptovault received a bomb threat on Saturday, according to a local newspaper. The threat read:

“This is sabotage. If you are expanding crypto mining and filling the country with noise, then you will be sabotaging the peace. I am threatening to send you some explosives”.

Police say they are taking the case very seriously. Hopefully they take the case as seriously as the suspect takes his peace and quiet.

Bitcoin Climbs $400 in 20 Minutes during BitMex Downtime

If the United States Securities and Exchange Commission wanted an example to prove how prevalent price manipulation is in Bitcoin markets, they need to look no further that BitMex and its scheduled downtime this week.

BitMex, one of the largest liquidity providers across the market, had planned maintenance scheduled for 01:00 UTC. Over the course of the 20-minute down time, the price of Bitcoin increased $428.

The cryptocurrency community speculates it was due to one whale on Bitfinex who has been filling the order book with buy walls in recent days. The whale used the lack of BitMex’s influence on prices to drive up the price of Bitcoin and liquidate those who opened margin short positions above where the price was prior to the maintenance.

Coinbase Pays For Catering in Crypto

Coinbase has long been pushing cryptocurrency toward mainstream adoption and regular real-world usage. The firm even pays for their catering in crypto.

According to Redditor u/jasangeles, his catering company had the “honor” of catering at Coinbase in San Francisco. The Redditor says he jokingly asked to be paid in Bitcoin, and Coinbase agreed, making the catering company the first ever vendor they paid in crypto.

Binance and OKEx See Trading Volumes Increase, While Coinbase Declines

According to new data from diar, a weekly institutional publication on the digital currency industry, Coinbase, the once industry-leader, is seeing stiff competition from Asian competitors Binance and OKEx.

The “State of the Digital Assets Industry” says that Coinbase trading volumes fell a substantial 83% from January to July 2018. Meanwhile, competitors Binance increases by 21 percent month over month from June to July, and OKEx reached a record high in July.

The US SEC to Review Bitcoin ETF Disapproval Order

In a shocking turn of events, the United States Securities and Exchange Commission has released a statement stating that the regulator will review yesterday’s disapproval order of nine Bitcoin-related exchange traded fund (ETF) proposals.

The SEC had initially disapproved all nine of the Bitcoin ETF’s proposed by ProShares, Direxion, and GraniteShares. The announcement was made by SEC Commissioner Hester Peirce, who previously released a public dissent from the SEC’s disapproval of the Winklevoss Bitcoin ETF.