Deribit moved 90% of client assets to Coinbase, then killed its daily proof-of-reserves check

Deribit Ends Daily Proof of Reserves After Coinbase Custody Shift

Summary: Deribit will discontinue its public daily Proof of Reserves publication from September 1. The change follows a custody overhaul […] The post Deribit Ends Daily Proof of Reserves After Coinbase Custody Shift appeared first on CoinsPress.

Deribit Is Ending Daily Proof of Reserves as Coinbase Custody Expands

Deribit will remove its daily public Proof of Reserves page as most client assets move into Coinbase custody arrangements, trading direct customer verification for less frequent audits and reports.

Deribit moved 90% of client assets to Coinbase, then killed its daily proof-of-reserves check

The Sept. 1 change removes a client Merkle check, leaving VARA reports and audited materials that are less public. The post Deribit moved 90% of client assets to Coinbase, then killed its daily proof-of-reserves check appeared first on CryptoSlate.