Indian Lawmaker Says Crypto Must Be Blocked if Used for Illegal Purposes – Regulation Bitcoin News

India’s minister of state for external affairs says that cryptocurrencies must be blocked if they are used for illegal purposes, such as “to launch cyber-attacks in India, to launch other attacks on India, to do other kinds of illegal and unethical work like drug trafficking.” Meanwhile, the Indian government is reportedly making changes to the crypto bill that is listed to be taken up in the current session of parliament. Indian Minister of State for External Affairs on Cryptocurrency and Crypto Regulation Indian Minister of State for External Affairs Meenakshi…

CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked

In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed. The team alleges that Steynberg, now believed to be in Brazil, has locked out key management staff from accessing MTI’s account with a local bank. Additionally, management now appears to confirm earlier allegations that bitcoin withdrawal requests are not being honoured despite previously refuting this. Status of Investors’ BTC Unknown The last-minute revelations by MTI management appear to buttress the findings of an investigation by…

Blockchain Bites: Bitmain Denied, Coinbase Blocked and a Potential EOS Exit Scam

Bitmain’s appeal to recoup $30 million in alleged lost revenues from Poolin has been denied, Digital Currency Group has acquired a retail-focused exchange and Venezuelan officials appear to have blocked access to Coinbase.  Top shelf Bitmain bustA court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of Poolin, one of the world’s largest cryptocurrency mining pools, CoinDesk’s Wolfie Zhou reports. The mining giant Bitmain claims Poolin’s founding executive broke non-compete agreements in starting its BTC mining operations, leading to millions in lost…

Jimmy Butler Is So Good on Defense That He Blocked His Entire Family

Miami Heat superstar Jimmy Butler tallied a career-playoff-high 40 points in Game 1 against the favored Milwaukee Bucks. With many NBA players following the trend of being reunited with their wives and children inside the ‘Bubble’ in Orlando, why is Butler insisting on keeping his away? Stating that his time in Orlando is a “business trip,” Butler doesn’t want the distraction of family hindering his play. Does Jimmy Butler have a point not wanting family distraction in the ‘Bubble?’ His career-playoff-high of 40 points on Monday seems to validate his…

Three Female Binance Award Nominees Get Blocked From Instagram

Rachel Siegel, also known as CryptoFinally, was recently the only woman nominated for the Binance Influencer Awards. She alleges that she and two fellow female crypto influencers were deplatformed from Instagram following their criticism of the underrepresentation of women in the Blockchain industry. The other women who were allegedly targeted are TechWithCatalina and GirlGoneCrypto.  Questioning the status quo Siegel told Cointelegraph that she has been very vocal about underrepresentation of women in the crypto industry. She noted that out of 25 award nominees, she is the only female: “I have…

Two More Crypto YouTube Channels Restored After Being Blocked by the Platform

Two new crypto-related channels were recently blocked by YouTube. Some creators are alleging that this is part of an ongoing campaign by the video platform against creators who publish cryptocurrency-related content. In less than 24 hours, however, the bans were lifted and both channels were fully restored. BTC Sessions, a blockchain-based YouTube channel which has been active since 2016, reported via Twitter on April 17 that their account was notified that it had committed “repeated or severe violations” of the platform’s community guidelines. However, after approximately eight hours, YouTube decided…

Buy Bitcoin, Top EU Gold Company Tells “Mentally Blocked” Investors

Bitcoin’s explosive price rally this year has earned it a new fan in CelticGold, AG. The Frankfurt-based precious metals exchange in a note advised commodity investors to purchase the world’s leading cryptocurrency. It said they should at least allocate 1-5 percent of their precious metals portfolio to Bitcoin, citing its two-year winning streak that resulted in 138 percent of combined gains. In 2019, the XBT/USD exchange rate rose by 92 percent. Meanwhile, in 2020, the pair climbed another 46 percent until mid-February. The XBT/XAU exchange rate heading towards a breakout…

Buy Bitcoin, Top EU Gold Company Tells “Mentally Blocked” Investors

Bitcoin’s explosive price rally this year has earned it a new fan in CelticGold, AG. The Frankfurt-based precious metals exchange in a note advised commodity investors to purchase the world’s leading cryptocurrency. It said they should at least allocate 1-5 percent of their precious metals portfolio to Bitcoin, citing its two-year winning streak that resulted in 138 percent of combined gains. In 2019, the XBT/USD exchange rate rose by 92 percent. Meanwhile, in 2020, the pair climbed another 46 percent until mid-February. The XBT/XAU exchange rate heading towards a breakout…

Sun and Yi He Blocked

Tron (TRX) founder Justin Sun and Binance co-founder Yi He have had their Weibo accounts suspended. China’s major microblogging website, which is often referred as “Chinese Twitter,” has purportedly deleted the accounts of the two prominent crypto personas. Sources in China confirmed to Cointelegraph that content on Weibo accounts of Justin Sun and Yi He is no longer unavailable, with pages alert the violation of provisions of the Weibo Community Convention. Source: Dovey Wan on Twitter Binance’s Weibo account was similarly suspended about a month ago The news comes after…