Deribit is removing its public Proof of Reserves page on September 1.
That means users will lose a daily public check for verifying balance inclusion and comparing aggregate liabilities with published wallet holdings.
Deribit says its regulator-required reserve, Deribit is removing its public Proof of Reserves page on September 1.
That means users will lose a daily public check for verifying balance inclusion and comparing aggregate liabilities with published wallet holdings.
Deribit says its regulator-required reserve, reconciliation, and audit controls will continue, but those controls don’t provide the same level of daily public visibility.
The change comes during Deribit’s wallet infrastructure overhaul following its integration with Coinbase. The exchange says around 90% of client assets have moved into Coinbase custody arrangements since Coinbase acquired Deribit in August 2025.
One detail also caught my attention: Deribit’s disclosures mention Coinbase at the brand level, but don’t identify the specific Coinbase legal entity holding those migrated assets.
For users, does this reduce transparency? audit controls will continue, but those controls don’t provide the same level of daily public visibility.
The change comes during Deribit’s wallet infrastructure overhaul following its integration with Coinbase. The exchange says around 90% of client assets have moved into Coinbase custody arrangements since Coinbase acquired Deribit in August 2025.
One detail also caught my attention: Deribit’s disclosures mention Coinbase at the brand level, but don’t identify the specific Coinbase legal entity holding those migrated assets.
For users, does this reduce transparency?
That means users will lose a daily public check for verifying balance inclusion and comparing aggregate liabilities with published wallet holdings.
Deribit says its regulator-required reserve, Deribit is removing its public Proof of Reserves page on September 1.
That means users will lose a daily public check for verifying balance inclusion and comparing aggregate liabilities with published wallet holdings.
Deribit says its regulator-required reserve, reconciliation, and audit controls will continue, but those controls don’t provide the same level of daily public visibility.
The change comes during Deribit’s wallet infrastructure overhaul following its integration with Coinbase. The exchange says around 90% of client assets have moved into Coinbase custody arrangements since Coinbase acquired Deribit in August 2025.
One detail also caught my attention: Deribit’s disclosures mention Coinbase at the brand level, but don’t identify the specific Coinbase legal entity holding those migrated assets.
For users, does this reduce transparency? audit controls will continue, but those controls don’t provide the same level of daily public visibility.
The change comes during Deribit’s wallet infrastructure overhaul following its integration with Coinbase. The exchange says around 90% of client assets have moved into Coinbase custody arrangements since Coinbase acquired Deribit in August 2025.
One detail also caught my attention: Deribit’s disclosures mention Coinbase at the brand level, but don’t identify the specific Coinbase legal entity holding those migrated assets.
For users, does this reduce transparency?
