Deribit to Discontinue Public Proof of Reserves Page on September 1
Deribit announced that it will remove its public Proof of Reserves page starting September 1. Previously, this system allowed users to verify their balances against snapshots and compare platform liabilities with public wallet holdings. This decision follows the exchange's integration with Coinbase, which now holds approximately 90% of Deribit's client assets under custody. The existing system, which utilized privacy-preserving Merkle trees and daily snapshots, did not cover all custodial assets. Deribit has not yet committed to launching a new public dashb