Sparkasse Makes

Sparkasse Makes "Sparks" Fly Through its Denial of Bitcoin Transactions

In the long-running tradition of banking institutions despising bitcoin and digital currency, German bank Sparkasse has made the decision to block all bitcoin-related transfers. Bram Ceelen, who works with the Anycoin Direct coin exchange in the Netherlands, has commented that the company is now unable to process any incoming our outgoing bitcoin orders, and that the decision is being met with massive complaints and disappointment from users. Ceelen states: "We are running an honest company but the bank just blocks transactions without contacting us or the customer, very frustrating. This....


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Sparkasse Bank Blocks All Bitcoin Related Bank Transfers

German bank Sparkasse is blocking any incoming and outgoing bank transfers related to cryptocurrency since a few days, Cryptoarticles reports. The Anycoin Direct exchange in The Netherlands is unable to fulfill the Bitcoin/other cryptocurrency order immediately when a payment is processed by Sparkasse. Anycoin's Bram Ceelen told Criptoarticles: "We hate to be forced to work this way but Sparkasse leaves us no other choice. We are running a honest company but the bank just blocks transactions without contacting us or the customer, very frustrating. This is exactly why we need Bitcoin! The....

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Denial of Service Attack Against Bitcoin Network Taking Place

A distributed denial of service (DDOS) is taking place against the bitcoin network and disrupting a number of exchange operations, Blockchain.info chief security officer Andreas Antonopoulos has revealed on Twitter. The attack is taking advantage of the transaction malleability issue we've been hearing a lot about since Mt. Gox mentioned it extensively in an update on withdrawal issues Monday. Antonopoulos says user funds across the network are safe, and Blockchain.info's implementation of a bitcoin wallet is not affected, though the same can't be said for other bitcoin properties, in that....