Bitcoin Balance On Exchanges Soars, BTC Price Displays Weakness At $23K
Bitcoin has been unable to break above key resistance levels at around $23,000. As a consequence, the cryptocurrency has been moving sideways over the past two days while preserving some of its gains over the past week. The slowdown in bullish momentum coincides with an increase in asks (sell orders) liquidity for BTC’s price above its current levels and a spike in BTC’s supply inflows on crypto exchange platforms. On short timeframes, there are over $70 million in sell orders for Bitcoin from $23,000 to $24,000. Related Reading | Crypto Market On The Mend: ApeCoin And Curve DAO Show....
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A security researcher by the name of Egor Hamakov, part of the Sakurity security consultancy company, found a weakness known as a race condition within in the Starbucks website which is responsible for checking balances and transferring consumer funds to Starbucks gift cards. To test the exploit with a ‘live test, Hamakov purchased three $5 gift cards and transferred the balance of card A to card B twice, resulting in a total balance of $20 (instead of the starting balance of $15) and a net gain (through exploit) of $5. In theory, this exploit could be used to generate unlimited amounts of....
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