🪙 Crypto and Blockchain News (November 29, 2023):

1️⃣ What Bitcoin Did: Participant in the current U.S. election race, Robert Francis Kennedy Jr., referred to #bitcoin as a response to the threat of CBDC, considering it an elegant solution for transactional freedom. According to the presidential candidate, the central bank's digital currency can erode personal freedoms by allowing the government to track every aspect of citizens' expenditures. 🌐 An intriguing perspective on the role of Bitcoin in the context of elections.

2️⃣ James Seyffart: The #sec has started collecting public feedback on spot Bitcoin ETFs. Lawyer Scott Johnson sees this as a signal of the regulator's readiness to simultaneously approve all applications for the instrument by January 10, 2024. 📊 The ETF approval process generates significant interest within the community.

3️⃣ Bloomberg: Digital Currency Group (DCG) has reached a new debt settlement agreement of $620 million with its bankrupt subsidiary, Genesis Global Holdco LCC, to resolve the lawsuit. 💸 Financial aspects always attract attention.

4️⃣ Binance: Cryptocurrency exchange #binance will completely cease support for the #busd stablecoin and initiate its delisting on December 15. The company noted that the issuer, Paxos, has discontinued its issuance. Redemption of the stablecoin will be available until February 2024. BUSD withdrawals will be disabled on December 31, after which user balances on the exchange (except in Japan, France, Italy, Poland, and Kazakhstan) will automatically convert to FDUSD. ⚙️

5️⃣ CoinGecko: Over the past five years, more than 2,000 games in the Web3 space have failed. According to statistics, three out of four projects face failure. Since the emergence of the #gamefi niche, the average failure rate is 80.0%. 🎮 The world of Web3 and GameFi is evolving rapidly, but with what degree of success?

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