FameEX Morning Crypto News Recap | October 25, 2023

Robert Kiyosaki Reveals His Investment Approach: Not Emulating Warren Buffett

Renowned author of "Rich Dad Poor Dad," Robert Kiyosaki, has shared his investment strategy, highlighting its contrast with Warren Buffett's approach. Kiyosaki describes himself as an average investor who focuses on accumulating assets for the long term. Over the years, he has been acquiring gold, silver, bitcoin, and real estate as part of his investment portfolio.

Nigerian Bank Allegedly Restricts Access to 500 USDT Trader Accounts

A Nigerian bank has allegedly frozen approximately 500 digital asset traders' accounts. These accounts had received funds linked to a $10 million hacking incident at Access Bank in May and June. This action has garnered criticism from a prominent Nigerian crypto enthusiast, who views it as a negative reflection on Nigeria's banking system.

Study Reveals Humans and AI Tend to Favor Flattering Chatbot Responses Over Truth

A study by Anthropic reveals that large language models (LLMs) based on common learning paradigms tend to provide pleasing responses rather than truthful ones. This phenomenon of sycophantic AI behavior was observed in five leading language models, suggesting it may be a widespread issue in AI systems.

Pro-Crypto Advocate Tom Emmer Secures Republican Nomination for House Speaker

On October 24, Representative Tom Emmer secured the Republican nomination for the position of Speaker of the House. This nomination came after a closed-door session and followed the withdrawal of Representative Steve Scalise from the race, as well as the failure of Representative Jim Jordan to secure enough votes for the speakership. Emmer will be a key candidate in the upcoming vote for the Speaker of the House position.

Advocating for Web3 Features in Role-Playing Games: Why It's Significant

A major player in Web3 gaming has introduced its inaugural mobile-focused RPG battler, offering gamers the opportunity to amass a collection of more than 100 distinct Champions and engage in fast-paced, strategic battles. Champions Arena aims to attract traditional gamers while introducing them to the advantages of owning in-game assets.

Ledger Hardware Wallet Introduces Cloud-Based Private Key Recovery Tool

Ledger is introducing a cloud-based private key recovery tool, highlighting that the ID checks involved are less intrusive than traditional KYC checks, requiring minimal information. Despite facing criticism from the cryptocurrency community, Ledger is moving forward with the rollout 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.