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The U.S. Federal Bureau of Investigations (FBI) is reportedly looking into Wednesday’s massive Twitter bitcoin hack. The incident saw the accounts of Uber, Apple, Binance, Coinbase, Bill Gates, Barack Obama, and others promote a fake bitcoin scam after being hacked.

A report revealed cryptocurrency exchanges have accepted 147,000 BTC (worth $1.3 billion) from addresses associated with high-risk entities in the first half of this year.

The cryptocurrency-powered Brave browser has announced it partnered with cryptocurrency exchange Geminin to let users buy, sell, store, and earn crypto while browsing the web.

Top stories in the Crypto Roundup today:

  • The FBI Is Looking Into the Twitter Bitcoin Hack
  • Crypto Exchanges Accepted $1.3 Billion From 'High-Risk Addresses': Report
  • Crypto-Powered Brave Browser Integrates Crypto Exchange Gemini

At the time of writing, bitcoin (BTC) is trading at $9,107.55 (-0.11%) with a daily Top Tier volume of $1.97 bn. As for ether (ETH), it is trading at $233.18 (0.30%) with a daily Top Tier volume of $585.43 million. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,136.43 (0.13%).

 
24 hours chart of the price of BTC
 

The FBI Is Looking Into the Twitter Bitcoin Hack

 

The U.S. Federal Bureau of Investigations (FBI) is reportedly looking into Wednesday’s massive Twitter bitcoin hack, which saw the microblogging platform’s security get compromised so hackers should promote a fake bitcoin giveaway using the accounts of dozens of high-profile figures.

The hack saw over $130,000 worth of BTC move to the attackers’ address, although it isn’t clear whether they moved funds from other addresses to the one used in the attack to fake engagement.

According to CoinDesk, CipherTrace, and Chainalysis, two blockchain forensics firms, confirmed the FBI has contacted them. Neither was able to disclose any additional information, although Chainalysis detailed was “contacted by several agencies.”

In the wake of the hack the U.S. anti-money laundering watchdog, the Financial Crimes Enforcement Network (FinCEN), warned financial institutions to watch out for Twitter scams. It said:

“FinCEN is working closely with law enforcement agencies to identify the source of these scams and disrupt them.”

The firms told CoinDesk that the stolen funds are “on the move,” with Chainalysis detailing the hackers moved funds between their wallets to inflate the scam’ apparent success.

 
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Crypto Exchanges Accepted $1.3 Billion From 'High-Risk Addresses': Report

 

A report published by research and analysis firm Peckshield revealed cryptocurrency exchanges have accepted 147,000 BTC (worth $1.3 billion) from addresses associated with high-risk entities in the first half of this year.

The report detailed that high-risk addresses are those that are related to darknet marketplaces, cryptocurrency scams, and countries affected by international sanctions. Peckshield name some top cryptoasset exchanges that it alleges accepted funds from high-risk addresses, noting these may have failed to see their origin because of the use of bitcoin mixing applications.

CryptoCompare’s update Exchange Benchmark published earlier this month revealed that 38% of crypto exchanges interact with high-risk entities in 25% or more of their transactions. Out of CryptoCompare’s two top-graded AA exchanges, none interact with these high-risk entities, although some Top-Tier exchanges graded A-B did in some of their transactions.

 
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Crypto-Powered Brave Browser Integrates Crypto Exchange Gemini

 

The cryptocurrency-powered Brave browser has announced it partnered with cryptocurrency exchange Geminin to let users buy, sell, store, and earn crypto while browsing the web. Brave will now integrate a Gemini Trading Widget into its “new tab” page, which will allow users to connect their exchange accounts and trade directly from there.

The Gemini Trading Widget is now live on Brave’s Nightly version, and will go live on the stable release “in the coming weeks.” The partnership will also allow Brave content creators that receive BAT rewards from users to custody their funds on Gemini, instead of on Uphold.

Earlier this year, Brave made a similar partnership with Binance to integrate a Binance widget on its new tab page. The partnership with Binance, however, does not allow content creators to custody their earned BAT on the exchange.

 
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Flipside Friday

 

The Flipside Crypto Disparity Ratio is a tool helping you find out which cryptoassets are under and overvalued. The crypto disparity ratio scores cryptoassets based on market capitalization and FCAS ratings, with a score over 1 showing it’s undervalued, and under 1 showing it’s overvalued.

POA Network (POA), a public sidechain based on the Ethereum protocol that will use Proof-of-Authority and allow organizations to build their own networks in their own validators and allow developers to deploy decentralized applications, tops the undervalued list with a score of 1.47.

It’s followed by the Raiden Network (RDN), an off-chain scaling payment solution to perform ERC20 compliant token transactions, at 1.33. XYO, an ERC-20 token used for a decentralized network of devices that anonymously collects geospatial data, comes next with a score of 1.25.

At the bottom comes AirSwap (AST), an ERC-20 token that enables peer-to-peer trading on the Ethereum blockchain. The token is the native currency of the decentralized AirSwap protocol, to which users can add or remove liquidity through trustless products.

On the overvalued side we have DxChain Token (DX), the world’s first decentralized big data and machine learning network powered by a computing-centric blockchain, at 0.34. It’s followed by Huobi Token (HT). an ERC-20 token that allows users to receive a discount on fees at the Huobi exchange, among other advantages.

Next have Crypterium (CRPT), a cryptobank platform that leverages the ETH blockchain to provide an instant processing engine for fiat and crypto-based transactions. Then comes Monacoin, the once-popular cat meme cryptocurrency which has even been used to buy land in 2014, at 0.39.

 
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State of the Crypto by Top Tier Exchange Volume

Toplist 20 coins by top tier volume

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