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Bitcoin, Binance and more in Quick News

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Bitcoin falls below 5K

Bitcoin (BTC) has dropped below $ 5,000, even as market uncertainty, in the wake of the Coronavirus outbreak, pushed the United States Federal Reserve to cut interest rates to zero.

The sale came hours after the Federal Reserve announced a series of actions on Sunday night. The action is to help financial markets shaken by the effect of Coronavirus on the global economy.

Binance.US will list Tezos (XTZ)

Starting today the Binance.US digital asset market will include XTZ, the internal cryptocurrency of the Tezos Blockchain project.

According to an announcement on the Binance website, the XTZ / USD and XTZ / BUSD pair exchange will be available on Monday, March 16 at 9:00 a.m.

Binance.US users can deposit USD, BUSD or XTZ in their wallets before it starts trading on Monday. However, only deposits of XYZ tokens will be allowed. Also, withdrawals are allowed after 9:00 a.m. from March 16.

Blockchain conference in Japan suspended

Another gathering of cryptocurrency and blockchain professionals has been postponed as the global Coronavirus crisis continues.

The TEAMZ Blockchain Summit, the largest Blockchain conference in Japan, will take place from April 22 to 23, but moved to September 28.

Organizers said in an official statement:

TEAMZ has been closely monitoring the global development of the Coronavirus. TEAMZ is deeply concerned about the safety of those attending the summit, including speakers, attendees, partners and sponsors. “

The Blockchain Summit invites more than 2,000 visitors from around the world, including Blockchain adopters, industry experts, venture capitalists, and educators.

This would not be the first conference postponed by the Coronavirus pandemic.

Woman in the USA has been in jail for 13 years after funding ISIS with cryptocurrencies

A New York state woman committed various financial frauds to finance the terrorist organization ISIS, according to the United States Department of Justice (DoJ).

Zoobia Shahnaz has now been sentenced to 13 years in prison by Judge Joanna Seybert of the District Court for the Eastern District of New York in Islip, Long Island. They sentence him for providing material support of more than $ 150,000 to a foreign terrorist organization and trying to travel to join ISIS.

To finance the Islamic extremist group, Shahnaz had obtained a loan worth around $ 22,500, as well as fraudulently obtained credit card numbers to buy $ 62,000 in Bitcoin (BTC) and other cryptocurrencies between March and June 2017.

Finally, it sent the funds through wire transfers to alleged ISIS “fronts” in Pakistan, China and Turkey, the Justice Department said.



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