Deribit moved 90% of client assets to Coinbase, then killed its daily proof-of-reserves check
Deribit will remove its public Proof of Reserves page on Sept. 1, ending a daily check customers could use to verify balance inclusion and compare aggregate liabilities with published wallet holdings. Regulator-required reserve, reconciliation and audit…
Bitcoin is trapped between $75,000 and $80,000 ahead of a massive Friday derivatives settlement
Bitcoin is trading between $80,000 and $78,000, and faces two option strikes that could shape dealer hedging into Friday. Reported call exposure at $75,000 and $80,000 creates a test of whether those positions dampen Bitcoin’s next move or add force to a…