Deribit to Remove Public Proof of Reserves Page on September 1

Odaily News: Deribit will remove its public "Proof of Reserves" page on September 1, and users will no longer be able to verify the platform's customer assets and liabilities on a daily basis through that page.

It is reported that this adjustment comes after Deribit completed its integration with Coinbase, with approximately 90% of customer assets now under Coinbase's custody arrangements. This change means Deribit is shifting from daily public transparency verification to an asset verification model primarily based on third-party custody and regulatory audits. Deribit stated that regulatory audits will continue, but no new public proof-of-reserves dashboard has been announced as a replacement. (Coin Bureau)