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Why crypto remittance companies are flocking to Mexico

Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the nation jumped to a record $5.3 billion in July, which is a 16.5% increase year-over-year compared to the same period last year. The steady growth presents myriad opportunities for fintech companies. Not surprisingly, droves of crypto companies are setting up shop in Mexico to claim a share of the burgeoning remittance market. Over the past year alone, about half a dozen crypto giants, including Coinbase, have set up operations in the country. In February, Coinbase unveiled a crypto transfer service tailored to United States-based clients looking to send crypto remittances to Mexico. The product enabled recipients in Mexico to withdraw their money in pesos. Other c...

Latin America is ready for crypto — just integrate it with their payment systems

Thriving on exploiting users’ data, Web2 monopolies like Facebook and Google have ushered in an era of massive internet centralization in recent years. This concentration of power has enabled huge shares of communication and commerce closed platforms, giving users little control over how their data is collected. An emerging concept, Web3, will provide a means to pivot from centralization to an open-source internet. A recent report from Andreessen Horowitz (a16z) found that this new digital economy could reach an astounding 1 billion users by 2031. If executed correctly, the decentralized internet will allow users to take control of their data and content. While Web3 promises to radically change the internet and its ability to provide value to users worldwide, key hurdles must be overcome b...

In videos: 12 surreal man-made dive sites

From lost ancient cities to the world’s largest underwater theme park, these man-made dive sites are sure to intrigue At Atlas & Boots, we’ve dived some astonishing sites, from Steve’s Bommie in the Great Barrier Reef to the Sonesta plane wrecks in Aruba. We’re pretty hopeless at fish identification, so when it comes to diving, unless it’s a truly amazing reef system, we’re generally more interested in diving something new or unique (like an airplane or bommie). Enter the man-made dive site. We’ve scoured the Internet in search of videos of some of the most curious artificial dive sites out there – every one of which has now been added to our diving bucket list. Man-made dive sites From historic cities that have crashed into the ocean to artificial exhibitions installed ...

Hard Rock Hotel Cancún Is Bringing Forth Unique Experiences for Dance Music Fans

Cancún is quickly becoming a hub for dance music enthusiasts, having established itself as one of the most exciting tourist destinations for entertainment seekers in Mexico. Through destination music festivals like ILLENIUM’s Ember Shores and Excision’s Paradise Blue or brand takeovers by the likes of Pollen Presents and Electric Zoo, Cancún’s electronic dance music scene is thriving—and so are its hospitality vendors. Having officially opened its doors back in October of 2012, Hard Rock Hotel Cancún is nearing its 10-year anniversary having long proven itself as one of the most celebrated resorts within the region. With amenities that include luxurious rooms, fine dining, a spa and a golf course, the iconic brand’s Cancún takeover has flourished. c/o Hard Rock Hotel Cancún Although ...

Non-technical mountain climbs: 13 trekking peaks

There are no ‘death zones’ on these non-technical mountain climbs but they offer plenty of challenges for mere mortals like me As a climber, I have completed several indoor climbing and winter mountaineering courses but my technical climbing skills still leave a lot to be desired. I have mastered basic rope, ice axe and crampon skills but don’t practise them as often as I’d like. All too often I only find time for some wilderness backpacking in Europe or low-altitude scrambling in the UK. Regardless, I still have high hopes of climbing the seven summits (three down, four to go). I’m aware that I’ll never be a Reinhold Messner or Chris Bonington (I’ll settle for reading their books instead) but I still long to pitch myself against tall mountains with imposing names....

Louis The Child, SG Lewis, Dom Dolla, More to Headline Holy Ship! Wrecked 2022

Returning to Mexico for the ultimate resort party, Holy Ship! Wrecked will host over 50 artists for four full days of fun in the sun.  Scheduled to run December 13th through the 17th, HARD is drawing 2022 to a close with the third edition of Holy Ship! Wrecked, which will be returning to the Hard Rock Riviera Maya in Mexico. This year’s lineup includes performances from Louis The Child, SG Lewis, Dom Dolla, John Summit, Two Feet, Mersiv, Mr. Carmack and TSHA (one of EDM.com‘s Best Music Producers of 2021), among others. Check out the full lineup below. Since this experience is hosted at the Hard Rock Hotel Riviera Maya all-inclusive resort, it has its perks. Throughout the duration of the resort party, attendees will not only enjoy music from world...

Making Bitcoin legal tender is Mexico will be ‘an uphill battle,’ says Ricardo Salinas

During the Bitcoin 2022 Conference in Miami, Florida, Cointelegraph caught up with Ricardo Salinas, the founder and chairman at Grupo Salinas, in an exclusive sit-down interview. As an early Bitcoin (BTC) adopter, since its $200 days, Salinas has experienced first-hand the highs and lows of the market, and learned a thing or two along the way. [embedded content] Salinas started off the day as a panelist at the main stage of the Miami Beach Convention Center among fellow billionaires Orlando Bravo, Marcelo Claure and Dan Tapiero. In a discussion titled “Bitcoin Billionaire Capital Allocators,” Salinas disclosed that 60% of his portfolio is in Bitcoin, while the other 40% is a mix of oil and gas investments. From left, moderator Greg Foss, Marcelo Claure, Ricardo Salinas, Da...

There’s an Epic Drum & Bass Festival, LOCUS, Going Down In Tulum This Weekend

Have you ever wanted to experience drum & bass in the jungle? Well, now’s your chance. From April 7th to 10th, 2022, a gaggle of major drum & bass artists will assemble for the LOCUS Festival in Tulum, Mexico. In a place where techno and house music reign supreme, this event will mark the first of its kind. LOCUS Festival 2022 is a dreamy, four-day drum & bass experience in paradise. It’s set to take over Tulum’s iconic Mia Beach Club from Thursday to Saturday, with the final night taking place at an undisclosed location. This Thursday, festivities kick off with Brazilian drum & bass legend DJ Marky, dBridge of Exit Records and Bad Company fame, Instra:mental, and Breakage, who will be joined by one of the U.K.’s rising stars, Harriet Jaxxon, as well a...

Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin

Coinbase is set to continue its global acquisition strategy, reportedly buying the Brazilian company 2TM, the parent company of Mercado Bitcoin.  According to information from Estadão, the third-largest newspaper read by Brazil’s 212 million populace, the Coinbase acquisition could be complete by next month. Negotiations for the purchase have been taking place over the course of 2022. Mercado Bitcoin is Latin America’s largest crypto brokerage, whose parent company, 2TM cemented its unicorn status as a billion-dollar company in 2021. Valued at $2.2 billion, 2TM has also pursued an acquisition strategy, particularly in lusophone countries. 2TM’s Mercado Bitcoin snapped up Portuguese CriptoLoja, a Lisbon-based crypto exchange in January. The 2TM holding company umbrella now covers ...

Mexico vs USA live stream: How to watch World Cup Qualifiers for free

Mexico are currently third in the World Cup CONCACAF standings and they will be hoping to close the gap with the leaders Canada with a win when they host the United States of America this week. Colombia vs Bolivia live stream Disclaimer: Geo-restrictions apply. All you need is a funded account or to have placed a bet in the last 24 hours to qualify. T&Cs apply, 18+. Bet £10 Get £20 In Free Bets Claim Offer New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org. 18+. Top five football live str...

Woman Jumps Overboard From 10th floor Of Carnival Cruise Ship #BRUHnews:

HipHopWired Featured Video Source: Orlando Sentinel / Getty If you are traveling the seven seas please make sure you play by the rules. A woman evading security jumped overboard to her presumed death. As per South Carolina Live News a woman risked it all during a recent vacation on the water. Apparently an unidentified passenger was traveling aboard the Carnival Valor this week with her husband. The vessel was scheduled for a five-day cruise to Mexico that departed from New Orleans, Louisiana, on Saturday, February 12. Reports say that on Wednesday afternoon security responded to an incident involving the 32-year-old woman and another passenger in a hot tub on the pool deck. While the badges tried their best to diffuse the situation they resorted to restraining her by holding her arms...

Pollen And Brownies & Lemonade Announce First-Ever Spring Break Experience In Puerto Vallarta

It’s always a good day when a new Brownies & Lemonade show gets announced. The acclaimed events brand has been branching out of their Los Angeles base over the past couple years, and their latest event announcement makes for one of their most exciting initiatives to date. In collaboration with the ever-expanding team at Pollen Presents, B&L have announced their very first Spring Break experience, coming to Puerto Vallarta, Mexico March 21-25. Throughout the event’s four curated days, dance music enthusiasts will be able to explore the event’s stunning locale as well as enjoy a jam-packed itinerary, which includes daily party brunches, wellness events and a slew of outdoor activities. A Brownies & Lemonade and Pollen event would not be complete without a ja...