After upgrading to Xcode 10, I cant seem to find the Color Picker option as shown in the images. Anyone else facing the same issue/knows a way to solve it?
Screenshot of my IDE's Color Asset
Screenshot of other people's IDE
As a workaround you can use
Edit -> Format -> Show colors
After using your favorite color picker to select the color, you can drag and drop your color into the colored square at the center of the screen.
Update
The description above still works, but Apple has added access to the color panel at a more natural place again:

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