LaBITconf 2019, stablecoin using bitcoin collateral and bifurcation of Zcash

It has been a week with a lot of motion for the biggest event of the ecosystem of Bitcoin, cryptocurrencies, and blockchain in Latin america: LaBITconf 2019. This event brought together for two days at the most influential people of the continent. Also, there were quite a few developments in Spain and some networks blockchain public.This week the price of bitcoin is maintained at an average between us $ 7,000 per unit. At the time of writing this article the price was around us $ 7.600, a premium price compared to Coinmarketcap, according to the price calculator of Breaking News.With Breaking News interested parties can keep up to date on changes in the market prices of bitcoin, ether, bitcoin cash and litecoin with relation to your local currency. To do this, you can visit the section of the Market is Latin, which has a pricing calculator to perform conversions quickly and easily.

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These are the news highlights:

Dash Core Group is looking to reduce the rewards from each block mined, to reduce their emission, with the offer of DASH in the market and to promote an increase in the price of your asset.Banco Santander paid a bonus of $ 20 million issued in September, using the network of Ethereum, in a process that involved money trust that was contributed by one of the subsidiaries of the group. The operation, reported this Tuesday, December 10, generated about us $ 99.000 interest quarterly.The State Company Post and Telegraph of Spain, commonly known as the Post office, you will use a blockchain to compensate the carbon footprint you leave that entity with its services of shipments and orders in Spanish territory.The Spanish group behind the network of Meliá hotels established an agreement with the startup Climate Blockchain Initiatives, so that guests can redeem your points you trust to purchase carbon credits and supporting certified projects to contribute to the environment.For José Manuel Alarcón, head of the National Bureau of Fraud Investigation of the Tax Agency (ONIF) of Spain, the cryptocurrencies as bitcoin does not have positive aspects, except their anonymity. The official said that future legislation on this subject will end with this feature in the future.The us authorities arrested three men and are seeking one more, all promoters of the group BitClub Network, accused of a scam of USD 722 million, which allegedly took advantage of their victims since April 2014.

Also:

The project Zcash successfully completed its third fork is scheduled, whose name key is in Blossom, at the end of the afternoon of Wednesday 11 December.The inter-American Development Bank (IDB) works on the development of a platform for the issuance of green bonds, or green, focused on the Latin America market. This platform, said the IDB, will be based on a blockchain. The project is known as the Platform of Transparency of Green Bonds (PTBV).Binance launched its new platform, identified as Latamex, through which it will offer the service of buying and selling of cryptocurrencies using money fiat local in the Latin America market. The service, in the first instance, will be available to the brazilian real (BRL) and argentine peso (ARS).A new platform for cryptocurrencies anchored or stablecoins, backed by contracts smart that use bitcoins, you are already active in the network of RSK. This 12 December, the companies Money on Chain and IOVLabs confirmed the launch of the initiative, after 11 months of development the new software.The value of privacy for human beings, was the main subject on which turned the first day of LaBITconf 2019 which was held in Montevideo, Uruguay this December 12. The seventh edition of the Latin American Bitcoin & Blockchain Conference (laBITconf) came to an end the night of Friday 13 December in Montevideo, Uruguay, with a special focus on the current political situation, economic and social experiences of Latin america.If you want to know the meaning of several words from the terminology of the criptomundo, you can reference the extensive Glossary of Breaking News.

Fork: in computer science, it is a different version of a software product that is created from the original version. In terms of the cryptocurrencies, is a version of the string of blocks, an alternative to the current. Can originate in a malicious manner if a miner gets too much computing power, accidentally in case of an error in the system, or intentionally if it introduces a modification of the protocol. However, for the fork of a blockchain to continue in existence it is necessary to count with the support of enough users.

Criptotuto of the week:

Learn how to use the web portal Whattomine so that you can calculate the profitability of mining your team or rig current or if you are thinking of purchasing it.

Podcast of the week:

Lawyer, specialist in blockchain and contracts smart, CEO and founder of Icofunding, advisor, Alejandro Gomez de la Cruz accompanied us on a walk through the future of securities backed by a token, he explained to us that they are the STO and that is missing from the regulation in order to be truly functional. We shared his prediction about the relationship of the banks with Bitcoin and promised us what’s new for the coming year.

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