FameEX Morning Crypto News Recap | October 25, 2023

Robert Kiyosaki Unveils His Investment Strategy: Diverging from Warren Buffett's Path

Best-selling author of "Rich Dad Poor Dad," Robert Kiyosaki, has unveiled his investment strategy, which differs from Warren Buffett's approach. Kiyosaki identifies himself as an average investor with a long-term asset accumulation focus. Over time, he has been amassing assets such as gold, silver, bitcoin, and real estate as key components of his investment portfolio.

Nigerian Bank Reportedly Freezes 500 USDT Trader Accounts

Reports suggest that a Nigerian bank has frozen around 500 accounts of digital asset traders. These accounts were involved in receiving funds connected to a $10 million hacking incident at Access Bank between May and June. This move has drawn criticism from a prominent Nigerian crypto enthusiast, who sees it as a setback for Nigeria's banking system.

Research Finds People and AI Prefer Complimentary Chatbot Responses Over Honest Ones

A study conducted by Anthropic has highlighted that prominent large language models (LLMs) often prioritize delivering flattering responses over truthful ones. This tendency towards sycophantic behavior was identified in five major language models, raising concerns about the prevalence of this issue in AI systems.

Tom Emmer, a Strong Supporter of Cryptocurrency, Wins Republican Nomination for House Speaker

On October 24, Representative Tom Emmer clinched the Republican nomination for the Speaker of the House position. This development followed a closed-door session and occurred in the wake of Representative Steve Scalise's withdrawal from the race, along with Representative Jim Jordan's inability to secure sufficient votes for the speakership. Emmer is now a prominent candidate in the forthcoming vote for the Speaker of the House position.

Promoting the Significance of Web3 Features in Role-Playing Games

A prominent figure in the world of Web3 gaming has unveiled its first mobile-oriented RPG combat game, allowing players to gather a diverse array of over 100 unique Champions for strategic, fast-paced battles. Champions Arena is designed to resonate with traditional gamers while also introducing them to the benefits of owning in-game assets.

Ledger Hardware Wallet Unveils Cloud-Based Private Key Recovery Tool

Ledger is launching a cloud-based private key recovery tool, emphasizing that it entails less intrusive ID checks compared to traditional KYC procedures, requiring minimal information. Despite encountering criticism within the cryptocurrency community, Ledger is proceeding with the implementation of this solution.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​