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On November 24th, Mexican President Jacques Sinbaum stated on the 23rd that the Mexican people must remain vigilant, uphold justice, and resist any attempt at external interference. Sinbaum pointed out that history shows "those who use violence as a means of coercion will not succeed, those who believe that a minority can suppress the people will not succeed," and similarly, "those who use force to stifle reason will not succeed." On November 17th, US President Trump announced his readiness to send troops to combat drug cartels. Sinbaum refuted this the following day, stating that US military intervention on Mexican territory was impossible.On November 24th, international crude oil prices continued their downward trend on Monday, falling further after last weeks largest weekly drop since early October. Traders are assessing the potential impact of a peace agreement between Ukraine and Russia—an agreement that, if reached, could flood an already well-supplied market with more crude oil. Oil traders are closely watching three key developments: whether the peace agreement will be implemented, whether sanctions against Russia will be gradually lifted, and whether these developments will inject additional supply into a market already expected to experience a severe oversupply next year. With OPEC+ and other oil-producing countries (particularly in the Americas) continuing to increase production, this market outlook is destined to result in a year-to-date decline for oil prices.On November 24th, Minmetals Resources (01208.HK) announced on the Hong Kong Stock Exchange that its obligation to complete the acquisition of Anglo Americans Brazilian nickel business was subject to the satisfaction or waiver of certain preconditions. Given that all other conditions have been met, the European Commission has extended its review to the second phase. The timeframe for the European Commission to complete its review is currently undetermined. Under the share purchase agreement, the final deadline for the completion conditions was November 18, 2025 (the final deadline). The parties have now agreed to extend the final deadline to June 30, 2026. The Company will continue to cooperate with Anglo American and the European Commission to assist the Commission in its review.JD Industry has passed the listing hearing of the Hong Kong Stock Exchange.The White House issued a joint statement from the United States and Ukraine, stating that the parties have drafted an updated and improved peace framework.

Hyundai Will Be the First Automobile Manufacturer to Enter the NFT Market

Cameron Murphy

Apr 19, 2022 10:50


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The Hyundai brand will collaborate with the Meta Kongz NFT brand.


The automaker will also create an NFT community on social media platforms such as Twitter and Discord.


The idea of "Metamobility" was unveiled at CES 2022.


It's no surprise that everyone wants to be a part of the NFT and Metaverse area, and the newest to join is a company from a completely different business than the others.


Hyundai Motor, one of the top ten automakers in the world, has revealed its intention to join the NFT market in a variety of innovative methods.

Hyundai and NFTs

The firm will collaborate with the 'Meta Kongz' NFT brand to develop its own line of NFTs as well as a concept film. Hyundai created a short video showcasing the Hyundai NFT universe idea 'Metamobility Universe' in the search of uniqueness.


The video serves as a presentation for the company's Metamobility Concept, which was unveiled at the CES 2022 (Consumer Electronics Show).


According to the announcement, Thomas Schemera, Hyundai Motor's Global Chief Marketing Officer and Head of Customer Experience Division, said, "The Hyundai NFT Universe will extend the Hyundai brand experience in a completely new way, especially with the MZ generation, further reinforcing our commitment to innovation in both the real world and the metaverse." We're really happy to start this adventure with 'Meta Kongz' and present 'Metamobility' via our own NFTs.


The business plans to launch a separate Hyundai NFT website as well as social channels on Discord and Twitter to build its NFT community.


Hyundai will also offer 30 limited edition 'Hyundai x Meta Kongz' NFTs on April 20 to honor the debut of the concept film. This year, the team plans to extend Hyundai's NFT Universe even further.

The Rise of NFTs?

This year, the market has seen a slew of new NFT collections arrive, and the number continues to climb as more brands join the field via various partnerships.


But, although they view this as a chance to expand, the issue is if this space is expanding or whether the NFT bubble is about to burst.


According to statistics from Ethereum's NFT marketplace Opensea, traffic has been increasing over the previous several days. There was a little drop in sales last week, but things are looking up now.


However, if these sales are ever to approach their previous high of $4.9 billion, they will need to expand dramatically.


Although the bubble may not be collapsing, the monthly drop in trading volume and sales suggests waning enthusiasm.

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