Home » South America » Page 3

South America

Best parks in Buenos Aires

We explore the best parks in Buenos Aires to help you find a spot of calm in Argentina’s whirlwind capital Buenos Aires whizzes past. While its cafés, bars and restaurants spill out onto the sidewalks, honking throngs of traffic hurtle by just inches away. Porteños (residents of Buenos Aires) barely raise an eyebrow over their espressos, but for those of us uninitiated, Buenos Aires can be overwhelming. For all its tree-lined avenues, the ‘Paris of South America’ is among the world’s least green cities with only around 1.8m2 of green space per capita – well below the World Health Organisation’s minimum recommendation of 10m2. Fortunately, respite can be found. In the feverish metropolis nearly 13 million call home, there is a slew of leafy plazas and public areas where the city’s residents...

NFTs, payments and conferences: Crypto in Latin America in 2021

In 2021, Latin America saw a soaring rise in crypto adoption among the 20 countries and 14 dependencies that make up the region. A slew of conferences, associations, new regulations and nonfungible token (NFT) projects as well as the global bull market made last year an intriguing one for the region. Let’s take a look at some of the most interesting developments in the blockchain and cryptocurrency ecosystem in Latin America in 2021. Colombian financial firms partner with crypto exchanges Early in 2021, the Financial Superintendence of Colombia authorized several partnerships between banking institutions licensed in the nation’s financial system and cryptocurrency exchanges. The nine partnerships included major names from the cryptocurrency industry such as Binance and Tyler and Cameron Wi...

P2P payments spurred crypto adoption across Venezuela in 2021

For Venezuela, 2021 has been a year of considerable changes at the microeconomic level, where even more than in 2020, the results of powerful catalysts for change such as COVID-19 were clearly visible.  In a more dynamic economy with a higher volume of operations with foreign currencies, cryptocurrencies played a key role during this year for the South American country.  In this review, we’ll take a look at the highlights of the Venezuelan crypto ecosystem in 2021 including related areas such as trading, play-to-earn (P2E) games, fintech, mining, regulation and nonfungible tokens (NFTs).  More people accepting cryptocurrencies According to blockchain analysis firm Chainalysis, Venezuela ranks seventh in the Global Cryptocurrency Adoption Index 2021 thanks in large part to pe...

12 of Earth’s most remote places and communities

From eastern Greenland to northern Alaska, we explore some of the most remote places on Earth Whether it’s astronomical distances, inhospitable climates or extreme terrains that define these remote and hostile lands, there’s one thing they all have in common: they are on my bucket list. That and the fact that people live there. It’s highly unlikely I’ll actually make it to many of these far-flung realms – I certainly didn’t get to Ittoqqortoormiit on my 2019 trip to Greenland – but I salute the hardcore residents who carve out an existence in the most remote places and communities on Earth. 1. Ittoqqortoormiit, Greenland Ittoqqortoormiit is located on Liverpool Land, a peninsula in eastern Greenland and one of the most remote towns in the country. It was first inhabited in 1925 b...

2021: A year of mass adoption for cryptocurrencies in Brazil

Throughout 2021, the Brazilian cryptocurrency market managed to distance itself from the police pages and finally win acceptance with the general public, whether in the financial market or even in the greatest national passion: soccer. Last year, Bitcoin (BTC) acted as a strong alternative to the Brazilian real that ended 2021 by breaking negative records and reaching a devaluation of 6.5% by December, making it the 38th worst currency in the world. In a year of ups and downs for Bitcoin, the biggest cryptocurrency hit a bottom of 167,000 real in January and soared along with global markets to 355,000 real in May. Faced with Bitcoin’s dip, the BRL/BTC pair was stuck below 200,000 reals until August, when it began to rise to a new historic high of 367,000 real on Nov. 8. Faced with the need...

Uruguay reportedly installs its first Bitcoin ATM

Uruguay has reportedly installed its first Bitcoin (BTC) ATM, making it the 11th South American country to publicly encourage crypto adoption. Prior to Uruguay’s involvement, South America hosted 79 ATMs, which represented 0.2% of global BTC ATM installations. According to Ámbito, Uruguay’s first crypto ATM was installed in the coastal city of Punta del Este, a major tourist attraction in the region. Uruguay’s first Bitcoin ATM was developed and installed in partnership with two local crypto companies — URUBit and inBierto. The crypto ATM in Uruguay currently supports withdrawal and deposits of five cryptocurrencies, namely — BTC, Binance Coin (BNB), Binance USD (BUSD), Ferret Token (FRT) and Urubit (URUB). FRT and URUB are in-house cryptocurrencies managed and distributed by URUBit and in...

Paraguay moves a step closer to regulating digital currency

On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies, will now be sent to the Deputy Chamber for further deliberation. Senator Fernando Silva Facetti, the bill’s sponsor, revealed that it’s passed in the Paraguayan Senate after a contentious debate. According to the senator, the law also aims to foster the growth of crypto mining activities by using the surplus electricity generated in the country. (1/3) Today, after an intense debate, the Senate @SenadoresPy approved todaya New Law Project which regulates the industry and commercialization of #Crypto assets #Bitcoin #Paraguay after …(open threat) — FernandoSilv...

The seven second summits: a tougher challenge

The seven second summits are considered to be a much harder mountaineering challenge than the more popular seven summits Previously, I’ve written about my dream of climbing the seven summits and laid out a realistic if not deeply challenging and expensive program of how to achieve that goal. This week I look at the seven second summits; the second-highest mountains on each continent. The highest summits are a dream of mine, but I draw the line at the second-highest – they’re simply too scary for an amateur enthusiast like me! Introducing the seven second summits Alpinism author Jon Krakauer wrote in Into Thin Air (one of my favourite mountaineering books) that it would be a bigger challenge to climb the second-highest peak of each continent instead of the highest. An ob...

Ranked: most peaceful countries in the world 2021

The most peaceful countries in the world have been updated for 2021. Read our insights from the study and browse the rankings below Once again, Iceland is the most peaceful country in the world followed by New Zealand, Denmark, Portugal, and Slovenia. However, the world is a less peaceful place as civil unrest and political instability has increased due to the global pandemic according to the latest Global Peace Index (GPI) report. Afghanistan is the least peaceful country in the world for the fourth year in a row, followed by Yemen, Syria, South Sudan, and Iraq. The GPI report is the only statistical measure of its kind and makes it possible to rank 163 independent states based on how peaceful they are. The 163 states cover over 99% of the world’s population and are assessed&nbs...

30 most beautiful mountains in the world

The most beautiful mountains in the world have captivated climbers for centuries. Here, we examine their lethal appeal “You are not in the mountains. The mountains are in you,” said John Muir, the renowned naturalist, author and environmental philosopher. If our resident seven-summit hopeful is anything to go by, Muir makes a valid point. Those who spend time in the mountains seem to be driven by a deeper force. These brave men and women will face vertiginous vertical falls, sub-zero temperatures and 8,000m death zones in pursuit of their summit dreams. It’s in ode to them that we present this list. Most beautiful mountains in the world 1. Cuernos del Paine Height: 2,600m (8,530ft) Location: Andes, Chile Emperorcosar/Shutterstock The stunning Cuernos del Paine Los Cuernos del Paine or ‘Pai...

Edinson Cavani offered £50K pay rise to stay at Manchester United

Manchester United plan to keep Edinson Cavani at Old Trafford for the 2021-22 season by offering the striker a wage increase of £50,000, according to reports. The Uruguayan has cemented himself as Ole Gunnar Solskjaer’s first-choice striker during the second half of the 2020-21 campaign, playing a pivotal goalscoring role both domestically and in Europe – most notably in the Europa League semi-final tie with AS Roma, against whom he scored four goals over two legs. United do not have the option to extend the 12-month deal Cavani signed last summer, and it has been generally assumed the 34-year-old would return to South America this summer. However, Cavani can choose to add another year to his current deal, and according to The Sun, United plan to give the 34-year-old extra incentive to rem...

Manchester United edging closer to Erling Haaland transfer decision

Manchester United are edging increasingly closer to a decision on Erling Haaland. Though they’d love to sign the Borussia Dortmund striker, Ole Gunnar Solskjaer also have several other transfer targets in mind. And much will depend on Edinson Cavani, whose future will soon become clear. Manchester United wanted to sign Haaland in January 2020. And, though they ultimately missed out to Borussia Dortmund, they’ve retained a strong interest ever since. Haaland has been in sensational form for the Bundesliga giants this season, scoring 35 goals in the Bundesliga and Champions League combined. United, as a result, have put the 20-year-old on their shortlist of potential signings ahead of this summer’s transfer window. However, the Red Devils appear to be edging closer to a development when it c...