Analysis of FTX’s calamitous balance sheet and Serum, a coin and protocol created by FTX, marked as the largest “deliverable” asset at ~$5.4B before November 8 (Matt Levine/Bloomberg)

Vishal Chawla / The Block:
Decentralized crypto exchange Serum, backed heavily by FTX, says it is “defunct” and points users to a community-led fork  —  – Solana-based exchange protocol Serum stated on Twitter it was now “defunct.”  — It pointed that it was now replaced by a community fork called OpenBook.

Matt Levine / Bloomberg:
An in-depth look at crypto and blockchains: the underlying tech, its uses and meaning, the crypto financial system, and trust, money, and community  —  – What If You Don’t Like It?  — Digital Cash  —  Part II  —  What Does It Mean?  — A Store of Value  — A Distributed Computer

Max A. Cherney / Protocol:
Nvidia and AMD say the US imposed export restrictions on chips used for AI applications to Russia and China, affecting chips like Nvidia’s A100 and AMD’s MI200  —  The U.S. has begun to impose fresh restrictions on exports of advanced chips necessary for AI-related applications to Russia and China …

Alexandra S. Levine / Forbes:
At Code, CEOs and politicians voiced concerns about TikTok’s power, rapid growth, and surveillance potential, with some calling for it to be banned altogether  —  At the Code Conference in LA, tech and media CEOs and politicians all expressed concerns about the Chinese-owned app — as a competitor, and as a national security risk.

Benjamin Pimentel / Protocol:
An interview with Binance CEO Changpeng Zhao on delisting tether and USDC, stablecoin and CBDC evolution, the “Chinese company” label, the downturn, and more  —  In crypto, he is known simply as CZ, head of one of the industry’s most dominant players.

Pew Research Center:
Survey of US adults: 31% get news on Facebook, 25% on YouTube, 14% on Twitter, 13% on Instagram, and 10% on TikTok; 33% of TikTok users get news on the app  —  Digital news has become an important part of Americans’ news media diets, with social media playing a crucial role in news consumption.