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Top Tech News Today: ChatGPT Opens Up its ‘Custom Instructions’ Feature to All Users. Bittrex Pays US$24 Million to End SEC Lawsuit Over Crypto Exchange Activities

Harshini Chakka

The majority of ChatGPT users who do not have a Plus subscription may now access Custom Instructions

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today:  Online Gaming Companies Resort to Layoffs as GST Rate Rises to 28%.

Fast-Track Insights: Bittrex Pays US$24 Million to End SEC Lawsuit Over Crypto Exchange Activities

All users, even those on the free tier of the service, will now be able to utilize custom instructions, which allow users to have greater influence over how ChatGPT replies, according to a recent announcement from OpenAI. Users may set different preferences and criteria for the AI chatbot to take into account while answering using this functionality, which was originally introduced in July as a beta for ChatGPT Plus members. According to a recent TechCrunch article, the functionality can save users time by preventing them from having to repeatedly compose the same chatbot interaction instructions.

Online gaming companies have begun to lay off employees as the threat of goods and services taxes (GST) looms. This week was the beginning of it all as 350 (MPL) and 55 employees from Rush Gaming Universe, a Web3 gaming platform owned by MPL and Hike, were laid off. "The new regulations might raise our workload by 350–400%. As a firm, you may plan for a 50% or even a 100% rise, but you'll need to make some difficult choices to deal with a rapid surge.

Creating new drugs is an important procedure that enables the treatment of many different health issues. These are laborious, expensive, and time-consuming operations. From concept through testing, several challenges are encountered during the drug discovery process. A serious threat to the world's public health just emerged as Corona Virus Disease 2019 (COVID-19). SARS-Cov-2 and its variations have a high transmission rate, causing them to spread quickly among humans. Potential medications and vaccinations must be developed swiftly to treat COVID-19 adequately. Read More

The United States Securities and Exchange Commission (SEC) and cryptocurrency exchange Bittrex have reached a US$24 million settlement agreement, the agency said on Thursday. According to the SEC, the American exchange agreed to pay a disgorgement of US$14.4 million, prejudgment interest of US$4 million, and a civil penalty of US$5.6 million on joint and several bases. In April, the U.S. regulator filed a complaint against Seattle-based Bittrex and its former CEO William Shihara, saying that the exchange had neglected to register as a broker-dealer, exchange, and clearing agency. The authorities claimed that between 2017 and 2022, Bittrex generated at least US$1.3 billion in illegal income.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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