Look Back Crypto Market (Week of Aug 21-27) - Look at the most important moves and news in crypto over the last week.

    Vitalik sends millions of dollars of ETH to Coinbase

    Ethereum co-founder Vitalik Buterin last Monday deposited 600 ETH worth around $1 million to crypto exchange Coinbase, according to data from Etherscan.

    101,000 users leaked personal data

    Banteg, an active member of the Yearn Finance community, has found a leaked database containing important personal data of users on GitHub. The leak includes wallet addresses, Twitter IDs/avatars of more than 101,000 users.

    Bitcoin whale accumulated $3 billion BTC in just 3 months

    A mysterious Bitcoin wallet has become the third largest Bitcoin holder in the world by accumulating Bitcoin in just 3 months. As BitInfoCharts reported, this wallet first received Bitcoin on March 8. Over the next three months and two weeks, it accumulated 18,000 BTC worth $3.08 billion at the current prices.

    Binance delists 8 BUSD spot trading pairs

    Binance delisted some trading pairs on the platform at 03:00 (UTC) on August 25, 2023: ALCX/BUSD, FOR/BUSD, LOOM/BUSD, NMR/BUSD, PEOPLE/BUSD, PUNDIX/BUSD, SPELL/BUSD, STORJ/BUSD.

    Binance accused of violating Western sanctions on Russia

    According to The Wall Street Journal, Binance has continued to process up to $8 billion in transactions for at least 5 sanctioned Russian banks, including Tinkoff Bank and Rosbank. Some volunteers known as Binance Angels reported on Telegram that the exchange does not have any restrictions on Russian customers.

    Coinbase delists 6 tokens

    Coinbase announced that it will delist 6 tokens on September 6 at around 9 am PT since they don’t meet the exchange’s standards. 6 tokens include: BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX).

    Balancer faces critical vulnerability

    Following Curve Finance, another major DeFi project recently faced critical vulnerability that has impacted certain V2 Pools.

    Elon Musk’s SpaceX sued by US Department of Justice

    The US Department of Justice filed a lawsuit against Elon Musk’s aerospace giant SpaceX for violating regulations that discriminate against refugees in the recruitment process.

    PEPE team going to sell tens of trillions of tokens?

    The  crypto community discovered a suspicious move related to the wallet of the crypto memecoin project Pepe (PEPE). According to on-chain data, more than 16 trillion PEPE (3.8% of the total supply) has been transferred from the project’s multisig wallet to the Binance, KuCoin and Bybit exchanges.

    FTX FTX is about to sell billions of dollars in crypto?

    FTX plans to liquidate a $3 billion crypto holding. FTX is hoping interest on its crypto pile will add to the stock it can distribute to customers who are still waiting for their money back.

    Binance delists sanctioned Russian banks from peer-to-peer service

    Binance, the world’s largest cryptocurrency exchange, has delisted five Russian banks that were listed on the exchange’s peer-to-peer service to let users transfer funds in rubles – the country’s native currency.

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